Recently an Indian court ruled that officals can seek taxes from Vodafone Group PLC for the Vodafone’s purchase of one of India’s largest cell phone companies. The Bombay High court concurred with a lower courts ruling that the indian tax department can seek $2.6 billion in taxes for a $11.2 billion acquisition of a majority [...]
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Chart of National Debt History – Future Implications with China
“If you owe the bank thousands, then you have a problem. If you owe the bank millions, then the bank has a problem.” The US has over 13 trillion dollars in national debt. Stop for just one moment and think about that number. It is such a large number it is almost impossible to fathom. [...]
In the news… Death Tax
Republicans failed to eliminate the estate tax aka. the death tax, which will return in 2011 after a brief hiatus in 2010. Will wealthy Americans look elsewhere to pass on their wealth to the next generation?
