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News (8)


Hungary court rules against Erste Bank in loan refunds case
BUDAPEST, Sept 10 (Reuters) - A Hungarian court rejected on Wednesday a lawsuit brought by the local unit of Austrian Erste Bank to challenge a new law mandating refunds to clients on loans, Judge Csaba Balsai said. The first-degree ruling is open to appeal.
money.msn.com/business-news/article.aspx?feed=OBR&date=20140910&id=17920927

Intuit Integrates DocuSign's Electronic Signature Technology into Professional Tax Products
processing and refunds. "The integration with DocuSign will help eliminate the back-and-forth, last-minute coordination between tax professionals and clients in getting forms signed before filing to create a better customer experience," said Karen Stroup ...
money.msn.com/business-news/article.aspx?feed=PR&Date=20140912&ID=17928742

U.S. to return more funds in AmeriDebt credit counseling scam
WASHINGTON, Sept 17 (Reuters) - The U.S. Federal Trade Commission said on Wednesday it will send more than $1.79 million in refunds to consumers allegedly defrauded in a credit counseling/debt management scam. The defendant, Andris Pukke, and his companies ...
money.msn.com/business-news/article.aspx?feed=OBR&Date=20140917&ID=17941278

5 Alibaba IPO risks you need to know
In a nutshell, the figures could differ materially from actual sales -- possibly including fees or shipping, and failing to back out refunds. The challenge is unique here because Alibaba's gross merchandise volume is so huge at $270 billion that even a ...
money.msn.com/inside-the-ticker/5-alibaba-ipo-risks-you-need-to-know

Regulators start inquiry into electric co-op cash
TVA cooperatives are only allowed to make rate reductions, and can't give membership refunds. "Because TVA contracts don't allow local power companies to give back refunds, those distributors including 4-County, re-invest excess revenue, or member equity ...
money.msn.com/business-news/article.aspx?feed=AP&date=20140909&id=17919088

Panel downgrades Delaware revenue forecast
Higher abandoned property refunds, coupled with lower expectations for gambling revenue, also factored in a $7.5 million cut in the revenue estimate for the fiscal year starting next July.
money.msn.com/business-news/article.aspx?feed=AP&date=20140916&id=17937140

Hurdles for Obama health law in 2nd sign-up season
Too much subsidy and their tax refunds will be reduced. Too little, and the government owes them. —Tens of millions of people who remained uninsured this year face tax penalties for the first time, unless they can secure an exemption. "It's the second ...
money.msn.com/business-news/article.aspx?feed=AP&date=20140915&id=17930334

Finance minister hopeful reforms can revive Egyptian economy
People won’t wait for 6 months in order to get their tax refunds," he said. Last week, the International Monetary Fund provided Egypt with technical assistance on the VAT issue, said Dimian. Cairo will ask the IMF for a long-delayed economic assessment ...
money.msn.com/business-news/article.aspx?feed=OBR&date=20140916&id=17937578

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