The heads of state and government of the European Union held a summit Wednesday in an effort to make more progress in fighting tax evasion and tax fraud. EU leaders are targeting tax crimes both within the borders of their countries and in foreign tax havens despite the reluctance of Austria and Luxembourg. The leaders of the EU's 27 member states are expected to give the go ahead to the ...

Apple has been defending itself against accusations that it avoided paying tax on tens of billions of dollars in profits. Chief executive Tim Cook told a US Senate committee that Apple paid all the taxes it owed, complying with both the law, and the spirit of the law. According to the BBC, he said last year the company paid six billion dollars to the US Treasury, a tax rate of about 30 ...

Operating revenues at previous year's level Integration of S-Group Bank NRW making progress Cautiously optimistic for 2013 financial ...

Earlier this week, in a feeble attempt at humor on Facebook, I posted: "If you haven't been audited by the IRS during the Obama administration, can you even call yourself a conservative?" Given the scale of the abuses, I should probably just shorten it and say, "Only RINOs don't get audited." My wife and I got audited in 2011, with the IRS examining every inch of our ...

May 23, 2013 /CNW/ - Elektrobit (EB) has released a white paper on Cognitive Communication Networks that explores how cognitive radio can be utilized in military communications. The white paper discusses how cognitive radio works and how future wireless systems equipped with cognitive radio capabilities could dynamically access new frequency bands, and at the same time protect ...

May 22, 2013 /CNW/ - Welsh Property Trust, LLC ("Welsh") confirmed that, in connection with the initial public offering (the "Offering") of trust units ("Units") of WPT Industrial Real Estate Investment Trust (the "REIT") and the indirect acquisition by WPT Industrial, LP (the "Partnership") (the REIT's operating subsidiary) from Welsh ...

PC sales in China and high growth in smartphones shipments helped boost Lenovo's net profit for its fiscal fourth quarter by 90 percent year-over-year.For the quarter ended March 31, Lenovo's net profit was US$127 million, the company said on Thursday. Revenue broke records and was at $7.8 billion, growing four percent from the same period last year.In Lenovo's home market of ...

State auditors say Seattle Public Schools used some federal grant money for purposes outside the scope of the grants. The district must repay as much as ...

Ericsson may have a contender for oddest networking product if it commercializes the wireless bus windows it demonstrated at this week's CTIA Wireless trade show.The windows would have built-in, translucent antennas connected to an internal Wi-Fi system for passenger use while on the road. In the example Ericsson showed at CTIA, the dual-band Wi-Fi antenna was just a square of barely visible ...

IDG News Service (Bangalore Bureau) - Penguin has settled with U.S. states in an e-book price-fixing lawsuit, leaving only Apple now in the fray. Four other publishers accused of price-fixing with Apple settled earlier with the 33 states and territories and the U.S. Department of Justice. ...

IDG News Service (New York Bureau) - Advanced Micro Devices has opened the door to embrace Google's Android operating system, but said it would continue to focus on Windows with its upcoming tablet and laptop chips. AMD on multiple occasions has said it had no interest ...

with its upcoming chips based on the Jaguar core, which will bring console-like gaming and wireless displays to laptops with Windows 8 and its successor, Windows ...

The Maryland State Department of Education may have to pay back up to $540,000 in federal money intended to help the state's poorest schools after a scathing audit found that Baltimore City was one of two school districts that misspent the funds, using the money for dinner cruises, makeovers and meals. The report, reviewing grant expenses from 2009 and 2010, was conducted by the Office of ...

The order to sanitize an audit of Sen. Mike Duffy's expenses came from two key Conservatives on the Senate's internal economy committee: chair David Tkachuk and Carolyn Stewart Olsen, CTV News has learned. The original version of the audit report said Duffy broke the rules when he declared a Prince Edward Cottage as his primary residence and noted that the senator refused to ...

May 23, 2013 /CNW/ - Edleun Group, Inc. ("Edleun" or the "Company") (TSX-V: EDU), a leading provider of quality early childhood education and care ...