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March 14, 2010



Prodi Approves Tax Cuts for Businesses

Italy's Cabinet approved lower taxes for businesses and tax breaks for homeowners and renters Saturday, a reflection of Premier Romano Prodi's efforts to pacify disgruntled centrists and far-left parties in his fractious coalition.

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Continental to Record Costs on Deferred Tax Charge

Jan. 16 (Bloomberg) -- Continental Airlines Inc. said it will record undetermined tax-related costs for the fourth quarter that will prevent it from reporting net results tomorrow for the three-month period and 2007. Click here for more info

China's Tax Revenues Surge 30.6 Percent

China's tax revenues jumped 30.6 percent in the first six months of the year, a state news agency reported Monday, reflecting the country's booming economic growth.

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