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January 7, 2009



Venezuela hits BP with tax bill

Venezuela hits UK oil giant BP with a $61.4m back tax bill, as it becomes the latest energy firm targeted by Caracas.

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Brazil, US Draw Nearer To Bilateral Tax Treaty

SAO PAULO -(Dow Jones)- Brazil and the United States are closer than ever to signing a bilateral tax treaty, although a similar accord to protect investments in the two countries is a bit further off, officials of both countries said Tuesday.

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Panel: Offshore tax havens cost billions

Offshore tax havens hold trillions of dollars in assets and allow wealthy Americans to avoid paying $40 billion to $70 billion in taxes each year, a Senate panel said in a report being released Tuesday.

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Allegheny County Tax Assessment -

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