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Tax returns show increasing stability at USOC
The 2012 tax forms filed Wednesday show an organization largely recovered from the chaos and turmoil that followed Jim Scherr's ouster as chief executive officer in 2009. For a second straight year, the USOC did not have any severance payments ...
money.msn.com/business-news/article.aspx?feed=AP&date=20130516&id=16488228

UPDATE 3-The Irish loophole behind Apple's low tax bill
... on contrasting approaches to determining tax residence in Ireland and the United States. Vale said that if a group has at least one trading Irish subsidiary - as Apple does, in the form of units that employ 4,000 staff - it can establish a ...
money.msn.com/business-news/article.aspx?feed=OBR&date=20130521&id=16504949

Bulgarian Socialists vow to help poor, look to form coalition
The president, who is to convene parliament on Tuesday, has appealed to party leaders to form a working government so Sofia ... measures and will have to negotiate their ideas to cut tax for poor Bulgarians with MRF and Attack.
money.msn.com/business-news/article.aspx?feed=OBR&Date=20130520&ID=16498773

Encore Capital Group Announces $100 Million Credit Facility for the Purchase of Tax Lien Certificates
The Facility will be used to finance the acquisition of tax lien certificates from municipalities in ... including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company disclaims any ...
money.msn.com/business-news/article.aspx?feed=PR&Date=20130520&ID=16497436

Iowa lawmaker adds fuel tax boost to ethanol bill
Tim Albrecht, a spokesman for Branstad, said Thursday the governor would need to see the proposal in its final form before supporting it. Other proposals to raise the tax have come up repeatedly, and an effort to increase it by 10 cents failed ...
money.msn.com/business-news/article.aspx?feed=AP&date=20130517&id=16492842

Tea party tax returns show activism on a budget
Nonprofit groups reporting less than $25,000 a year are allowed to file a short-form, postcard tax return instead of a detailed filing — one indication of a low-budget operation. The median income for all the groups was just $16,700 a year.
money.msn.com/business-news/article.aspx?feed=AP&date=20130517&id=16492300

Forest City and AIG form strategic equity partnership for "3700M" apartment project in Dallas
Project financing also includes a tax increment financing (TIF) award from the City of Dallas. "The overall financial structure behind this project reflects our ability to access multiple sources and work in partnership with the local community ...
money.msn.com/business-news/article.aspx?feed=PR&Date=20130516&ID=16489794

OECD sees action on corporate tax avoidance
Other ideas include a harmonization of the tax treatment of transactions or financial instruments, such as convertible bonds, which in some countries are taxed as bonds and in others treated as shares, allowing a form of tax arbitrage.
money.msn.com/business-news/article.aspx?feed=OBR&date=20130515&id=16483287

ADP Introduces Enhancements That Help Companies Capture Work Opportunity Tax Credits More Quickly And Easily
companies can now upload those forms and supporting documentation directly to ADP's secure, dedicated tax credit online portal. Voice Signature allows employees to "sign" forms over the phone, streamlining the WOTC call-in screening and ...
money.msn.com/business-news/article.aspx?feed=PR&date=20130514&id=16474768

Sharif poised to form strong government after Pakistan poll
Sharif may not win enough seats to rule on his own but has built up enough momentum to avoid having to form a coalition with his main rivals ... of subsidies and a widening of Pakistan's tiny tax base to secure billions of dollars from the ...
money.msn.com/business-news/article.aspx?feed=OBR&date=20130512&id=16465793