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Miesiąc: październik 2009

U.S. companies eyeball higher Mexican taxes

U.S. companies eyeball higher Mexican taxes

Companies that have invested in Mexico could be affected if the Mexican congress approves a change that would put an end to tax benefits that allow businesses to consolidate their earnings and losses, in order to pay less taxes, said specialized foreign trade consultant firm IQOM. The changes proposed by the federal government are being analyzed by Congress and could be incompatible with expropriation rules under the North American Free Trade Agreement (NAFTA) that Mexico, Canada and the United States…

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U.S. companies may face higher Mexican taxes

U.S. companies may face higher Mexican taxes

Companies that have invested in Mexico could be affected if the Mexican congress approves a change that would put an end to tax benefits that allow businesses to consolidate their earnings and losses, in order to pay less taxes, said specialized foreign trade consultant firm IQOM. The changes proposed by the Federal government are being analyzed by Congress and could be incompatible with expropriation rules under the North American Free Trade Agreement (NAFTA) that Mexico, Canada and the United States…

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Abu Dhabi goes Hollywood

Abu Dhabi goes Hollywood

This weekend, Abu Dhabi plays host to its first Formula 1 Grand Prix, and in typical fashion, the capital of the United Arab Emirates is pulling out all the stops, with a brand new racecourse estimated to have cost $1 billion and festivities including performances from Beyonce and Aerosmith.

China’s $treet fashion

China’s $treet fashion

It’s a hot august afternoon in Beijing, and student Li Yanan is shopping with a friend at the Joy City mall, in the city’s Xicheng district. The mall offers plenty of Western brand-name stores — Quiksilver, Levi’s, French Connection — all looking much as they do in other malls around the world. But Li, 20, is drawn to the only store displaying a large slogan printed in Chinese characters. YOUR OWN STYLE, it reads. Within seconds, Li is inside trying…

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