Suppose you were Treasury secretary at a moment of worrisome global financial instability. Here is near-bankrupt Greece, truculently threatening, unless Germany pays the pensions of its retirees and the salaries of its public servants, to undermine Europe’s rather fanciful currency, managed by a central bank operating within no single government’s fiscal policy. 1,162 more words
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In 2014, many firms merged with foreign firms to execute an inversion so that they will be subjects of a different tax jurisdiction. The idea was to answer to foreign taxation first, only paying the difference, if anything at all, to the US government, creating massive savings. 408 more words
RICHMOND, Va. (AP) — Jewelry, coins, electronics and collectables will be up for auction through May during a state auction of unclaimed property.
The Virginia Department of the Treasury says nearly 1,200 items will be up for grabs in the so-called tangible property auction. 90 more words
Last week, PayPal, the eBay owned online payment company, was fined $7.7 Million for 486 OFAC violations. And that was a reduced fine just for 2013. 481 more words