The U.K.’s Supreme Court adjudged Deutsche Bank and UBS to pay taxes
On Wednesday, March 9, the U.K.’s Supreme Court determined the case of the Deutsche bank and UBS. The above mentioned banks granted shares to their employees as a bonus for success in work. The granted shares and bonuses, as the banks claimed, were beyond the taxation.
They developed a system that involved offshore companies to reduce the taxation volume for the bonuses given to their employees back in 2004, informs the USA Today. However, the Supreme Court thinks that the banks were going to elude the payment of taxes.
In accordance with the decision of the Court both the Deutsche Bank and UBS must pay almost $70 million to cover the taxes. The Deutsche Bank and the UBS do not agree with the decision, explaining that system they developed did not break any laws.
After some two weeks, Apple company will begin sales of the iPhone 7! Until now nothing really known about the cost of a new version of the famous tablet. Intrigue glow voiced earlier declarations of
The recent presentation of the new iPhone 7 divided all the Apple fans into two groups: one is excited about the new iPhone, another one is skeptical. Here is an important information about this
In October 2015 Tesla Motors showed the world its electric car Tesla Model S P85D. Creator of Elon Musk kept his word given to them at the beginning of the year. Sedan is now faster, now it's to
At least two unknown men attacked famous Olympic swimmer Ryan Lochte during the show "Dancing with the Stars". According to Usatoday.com, two suspects of this case have already been arrested.
Ferdinand Porsche - the creator and father of acclaimed automotive brands. More than a century ago, the band released the first hybrid car, which gave a good start to the development of the company