Sporting goods giant Nike plans to expand its operations in Oregon and hire as many as 12,000 new workers by 2020 but wants the government to promise it won't change the state tax code, prompting a special session of the Legislature.Gov. John Kitzhaber said he'll call lawmakers together Friday in Salem to create a new law authorizing him to grant Nike's wish.The governor did not release information...
Oregon governor says Nike plans expansion
Labels: BusinessSALEM, Ore. (AP) — Nike wants to expand its Oregon operations and hire hundreds of workers but is asking the government to promise it won't change the state tax code.Gov. John Kitzhaber (KIHTS'-hah-bur) says he'll call the Legislature into session Friday to create a law to give Nike its wish.The company has not specified its expansion plans except to say it would create at least 500 jobs and $150...
Report: Most Pakistani lawmakers do not file taxes
Labels: BusinessThe majority of Pakistani lawmakers do not file tax returns despite a legal requirement to do, a report said Wednesday, reinforcing concerns about the low level of tax revenue in the country.Pakistan has one of the lowest tax-to-GDP rates in the world because payment is not well enforced, and major areas of the economy, such as the agriculture sector, are either taxed at very low rates or not at all.Around...
Pennies over patriotism: Look at tax-averse stars
Labels: BusinessPARIS (AP) — France's Socialist government is introducing a 75-percent income tax on those earning over €1 million ($1.3 million), forcing some of the country's rich and famous to set up residency in less fiscally-demanding countries.Here's a look at some big stars in France and elsewhere who have, over the years, put their pennies above their patriotism.DEPARTING DEPARDIEUThe French prime minister...
Pennies over patriotism? Stars move to tax havens
Labels: BusinessPARIS (AP) — France's Socialist government is introducing a 75-percent income tax on those earning over €1 million ($1.3 million), leading some of the country's rich and famous to set up residency in less fiscally demanding countries.Here's a look at some big names in France and elsewhere whose changes of address over the years have meant lighter taxes.DEPARTING DEPARDIEUThe French prime minister...
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FTC tightens rules protecting children's online privacy
Labels: Technology The government announced tighter rules on Wednesday to protect children's online privacy by restricting the collection of data, like the child's location, unless parents consent.The actions by the Federal Trade Commission mark an update to rules that were based on the 1998 Children's Online Privacy Protection Act, developed when most computers were big beige boxes sitting under office desks...
Vatican takes first spot in Internet domain name draw
Labels: Technology The Vatican has come out in first place in a long-awaited draw to expand the Internet address system with new domain names that go beyond the usual .com, .org or .net endings.ICANN, the corporation that oversees the Internet address system, announced this week the domain name .catholic written in Chinese characters will be the first bid it considers in a drive to expand and reorganize sites...
Vatican says pope beats Justin Bieber on re-tweets
Labels: Technology Pope Benedict, white-haired, 85, and a neophyte to social media site Twitter, has beaten out 18-year old heartthrob Justin Bieber to set a percentage record for re-tweeting by his followers, the Vatican said on Thursday.The Vatican newspaper said that as of noon Italian time on Thursday the pope had 2.1 million followers on Twitter, eight days after his first tweet was sent.While Canadian singer-songwriter...
Saudi website editor could face death for apostasy-rights group
Labels: TechnologyRIYADH (Reuters) - The editor of a Saudi Arabian website could be sentenced to death after a judge cited him for apostasy and moved his case to a higher court, the monitoring group Human Rights Watch said on Saturday.Raif Badawi, who started the Free Saudi Liberals website to discuss the role of religion in Saudi Arabia, was arrested in June, Human Rights Watch said.Badawi had initially been charged...
Sri Lanka arrests 100 Chinese for cyber fraud, police say
Labels: Technology Sri Lanka on Saturday arrested at least 100 Chinese nationals accused of an internet fraud scheme targeting people in their home country, a police spokesman said.The accused, all in Sri Lanka on tourist visas, are suspected of hacking into computers in China and then demanding their owners transfer them money, police spokesman Prishantha Jayakodi told Reuters.Chinese police requested help from...
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