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3rd Circuit revives Ex-L'Oreal patent lawyer's whistleblower suit

A federal appeals court on Tuesday revived a patent attorney’s lawsuit against L'Oreal USA Inc, ruling that his claim that the cosmetics company fired him for refusing to file what he considered poor quality patent applications was covered by New Jersey's whistleblower law.

Brazilian judge suspends fuel tax hike, government can appeal

BRASILIA A Brazilian federal judge on Tuesday suspended a large fuel tax increase announced by the government last week to reduce a budget deficit, according to a court ruling seen by Reuters.

Jul 25 2017

France ready to negotiate with Google on back taxes: minister

PARIS France is ready to negotiate a deal with Google over back taxes, budget minister Gerald Darmanin told financial daily Les Echos on Monday.

Jul 24 2017

Wells Fargo ordered to pay $575,000, reinstate whistleblower

The U.S. Department of Labor on Friday ordered Wells Fargo & Co to pay $575,000 and to rehire a whistleblower the bank had dismissed in September 2011 after the former employee raised concerns over the opening of customer accounts without their knowledge, the agency said in a statement.

Jul 21 2017

Argentina suspends capital gains tax for foreigners ahead of reforms

BUENOS AIRES Argentina on Thursday suspended a tax on foreigners' capital gains, just two days after it had been announced, after market participants complained the surprise move was inconsistent with President Mauricio Macri's pro-market agenda.

Jul 20 2017

Italian tax police ask Switzerland for details on 10,000 banking clients

MILAN/ZURICH Italy's tax police have asked the Swiss authorities for information regarding Italians that deposited a total of 6.7 billion euros ($8 billion) in the country.

Jul 20 2017

House panel approves budget measure that advances tax reform

WASHINGTON The Republican-led U.S. House of Representatives took a new step toward tax reform legislation on Wednesday by approving a fiscal 2018 budget resolution that would allow the Senate to pass a sweeping tax code overhaul without Democratic support.

Jul 19 2017

Brazil tax revenues rise 3 percent in June from a year ago

BRASILIA Brazil's federal tax collection rose 3 percent in June from the same month a year ago after adjusting for inflation, the country's tax agency said on Wednesday.

Jul 19 2017

UnitedHealth says health insurance tax raises costs

NEW YORK UnitedHealth Group Inc said on Tuesday that the health insurance tax, a 3 percent tax levied on all health insurance premiums, raises prices for consumers and should be repealed or deferred.

Jul 18 2017

Corporate tax reform negotiators aim above Trump's 15 percent pledge

WASHINGTON President Donald Trump campaigned on cutting the U.S. corporate tax rate to 15 percent, but administration officials said on Monday negotiators engaged in closed-door talks are now shooting for a little over 20 percent because they realize the super-low rate would balloon the federal deficit.

Jul 17 2017

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