Euro court tax ruling could reap windfall
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Tens of thousands of taxpayers with shareholdings in European Union companies based outside their own country could receive a large tax windfall following a ruling by the European Court of Justice in Luxembourg.
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European Union has decided to lift, at least temporarily, sanctions imposed on U.S. goods since Congress enacted sweeping changes in corporate tax law earlier this month.
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A European court begins delivering its verdict in the long-running competition dispute with Microsoft.
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The Supreme Court ruled Thursday that U.S. courts can decide New York City's property tax disputes with foreign governments, an issue the city says involves over $100 million.
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The European Commission said on  Tuesday that EU sanctions on $4 billion worth of U.S. goods  will be lifted as planned, but it will seek to reimpose them if  the WTO backs its complaint about residual export tax breaks.
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The U.S. Supreme Court said on  Tuesday that it would decide whether the government can take an  individual's private property for business development intended  to boost tax revenues and revitalize a local economy.
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Whether it's a career change or retirement, marriage or divorce, there's a tax involved.
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The ruling could force Wall Street firms to step up oversight of some of their most lucrative clients.
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When the tax bill is coming due, it can pay to sell low.
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Leading European banks may have to pay out as much as Â£70bn as the global credit crunch continues to bite.
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A European Union judge is due to decide this week if antitrust sanctions imposed on Microsoft  should be suspended -- a move the software giant hopes would lead to new settlement talks.
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Europeâs biggest cross-border financial services deal in recent years was given a significant boost over the weekend when Mario Monti, European Union competition chief, in effect confirmed that EU regulators would approve the Â£8.
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The already sizeable tax incentive for German companies to invest in central and eastern Europe rather than at home will rise in coming years as effective corporate tax rates continue to fall in the region.
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European markets stocks rose Friday, buoyed by the prospect of a proposed economic stimulus package aimed at warding off recession in the United States.
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The European Commission will on Wednesday rule that some of France's biggest companies were given illegal aid in the form of government tax breaks, the Financial Times reported.
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LUXEMBOURG: A European Union judge assessed on Thursday how the desertion of the EUâs biggest allies in its anti-trust case against Microsoft will affect proceedings in the five-year legal battle.
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A European court struck down fines totaling 100.8 million euros ($125 million) on HVB Group, Dresdner Bank AG and three German competitors for fixing European currency- conversion rates.