Word: offsets
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...governments could face billions of dollars in back-tax claims, and will probably have to overhaul significant parts of their corporate tax codes. How did a struggling groceries-and-underwear retailer cause such upheaval? Marks & Spencer wanted to use the losses incurred in its disastrous European foray to offset profits from operations in Britain. Firms in most E.U. nations commonly make use of losses in this way, but primarily to offset profits made in the same country as the losses. In 2001, the company cited Britain's "group relief" rules that allow firms to cluster different business units...
...dismissed the argument, saying the court couldn't tolerate measures that infringed fundamental freedoms merely because they might reduce revenue. However, the advocate general did throw one sop to the opponents. He stipulated that companies should not be able to offset losses from foreign subsidiaries that had received advantageous tax treatment in the state in which they resided. If adopted by the full court, that caveat will prevent companies from taking losses in one tax jurisdiction while simultaneously carrying them forward in another. What next? The European Commission has long struggled to devise a common set of European corporate...
Under the President’s plan, my PRA investments will have to beat a 3 percent annual real return for me to end up better off. This “offset rate” is designed to be the level of returns on government bonds, so that if I invest only in government bonds, I will end up no worse off. However, by choosing stocks, I accept higher risk for the possibility of higher returns. If stocks match their average historical return, I will end up with a fat bonus of 3.5 percent per year, compounded over 30-plus...
...something big has changed: after more than a year of rising raw-materials costs, companies are at long last managing to pass part of those costs along to consumers. American Airlines, among other flyers, has raised ticket prices even as it has squeezed in more seats to offset higher fuel costs. Bill Zollars, CEO of YellowRoadway, says the trucker is enjoying "the most robust pricing in my eight years" at the firm. Companies less sensitive to oil are raising prices too. Allied Waste just won a bid to dispose of Boston's trash for $82 a ton, up 6.5% from...
...dreams will inevitably come at a cost. Hydropower, once touted as cheap, clean energy, has fallen out of favor in recent years. In 2000, a report by the World Commission on Dams found that in developing countries the damage to communities and environment from building dams was rarely offset by the economic and developmental gains, which often failed to meet expectations. Assuming the World Bank approves funding for the project, Nam Theun 2 will be the first major new dam project the bank has supported in a decade. Opposition to the project has been fierce from international environmental NGOs, which...