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March 15, 2010



Indian city uses drums in campaign against tax evaders

Tax authorities in southern India have found a new way to handle tax evaders: sending teams of traditional drummers to noisily pound away outside their homes or shops until they pay up.

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Commentary: Leave the tax collection to IRS employees

With the start of a new year, families across the country are receiving their tax documents. Americans’ mailboxes will be stuffed with 1040 forms, instructions, W-2 wage statements, interest statements and more. This makes it as good a time as any to revisit the question of who collects our taxes.

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Tesco: Fiscal Year IFRS Profit After Tax Down GBP19 Million Vs UK GAAP

LONDON -(Dow Jones)- Tesco said Wednesday that under International Financial Reporting Standards, 04/05 profit after tax is reduced by GBP19 million compared with UK GAAP.

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