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...very notion of tax "harmonization" is vigorously opposed by some governments, particularly Britain and the new member states in Eastern Europe where rates are lowest; the latter see harmonization as a code word for higher taxes. The result is a patchwork of sometimes widely divergent policies that tend to treat domestic operations differently from international ones for corporate tax purposes. For the past few years, the E.C.J. has consistently ruled against any tax treatment that differentiates between domestic and E.U.-based affairs. De Hosson, for example, represented a Dutch auto-parts company named Bosal Holding that...

Author: /time Magazine | Title: Taking The Taxman To Court | 4/10/2005 | See Source »

...group action that his law firm is organizing. He won't detail the total amount of claims they are seeking but says the advocate general's opinion "is very positive for them." The impact goes far beyond Britain. The tax codes of many E.U. member states treat domestic entities differently from foreign ones, and they could also be on the hook for huge back claims. Indeed, at the oral hearing of the case in Luxembourg on Feb. 1, representatives of seven E.U. governments - Finland, France, Germany, Greece, Ireland, the Netherlands and Sweden - turned up to argue against Marks & Spencer. Only...

Author: /time Magazine | Title: Taking The Taxman To Court | 4/10/2005 | See Source »

Welcome to the Mecca of Tanning. Offering the most comprehensive services of any tanning salon in the Cambridge area, Boston Beach Club is for those who treat tanning like a religion. The salon has the standard booths and beds in addition to two high-pressure beds called the Bravo and the Magna. Most intimidating is its Omega bed, which radiates strictly UVA rays at a price of $30 for a walk-in session. For the less hard-core tanner, Boston Beach Club also offers a sweet deal with which you can get two free sessions when you sign...

Author: By Alexandra M. Gutierrez, CONTRIBUTING WRITER | Title: Fake'n Bake | 4/7/2005 | See Source »

...Right” and “Main Man.” Upon returning home from work each day, I would make tuna for supper and share it with the cats. After dinner, I’d have a coffee mug of boxed Franzia as a treat and then fall asleep, alone—except for my cats, which would scamper back and forth across my twin cot throughout the lonely night...

Author: By Laura H. Owen, CRIMSON STAFF WRITER | Title: The M-R-S Degree | 4/7/2005 | See Source »

Meanwhile, American economics study has increasingly become a pseudoscience of mathematical formula manipulation that is devoid of humanity. This economics has conquered America’s business education and become fused with the robber baron culture of greed supremacy. American MBAs are taught to treat ordinary employees as disposable costs and to swallow uncritically the gospel that corporations exist only to reward abstract stockholders. MBAs are taught the pretend-science of manipulating accounting, finance, employees, customers, and stock prices. Financial games and hostile takeovers of competitors are taught to accomplish corporations’ sole objective—to make money...

Author: By Yoshi Tsurumi, | Title: Hail to the Robber Baron? | 4/6/2005 | See Source »

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