Latest Income tax in the United States Stories

ATLANTA, May 23, 2013 /PRNewswire-USNewswire/ -- Apple, Inc. recently "took a bite" out of its corporate tax liabilities and caused a public outcry. But the ethical issues raised by such a move do not begin or end with them alone, observed Crown CEO Chuck Bentley in the Washington Post today, in a piece titled "Apple's tax ethics: Unpatriotic or Shrewdness in Action." "The discovery that this innovative technology giant (that has successfully placed cutting edge tools in half of the...

There are some tax advantages to being out of work, says a March 12, 2013 article by USA Today (“Jobless Last Year? 5 Must-Know Tax Tips”). Platinum Tax Defenders says that a professional tax resolution firm may be able to help taxpayers balance the advantages and disadvantages of being without full-time work. Los Angeles, California (PRWEB) May 21, 2013 It may be known that taxpayers are allowed to deduct certain job-hunting expenses, but sometimes people see this as the only tax...

Record 2Q13 Operating Cash Flow of $7.0 Million, Up 44.4% from 2Q12 BEIJING, May 21, 2013 /PRNewswire-FirstCall/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education in China focusing on professional education, today announced financial results for the second quarter of fiscal 2013 ended March 31, 2013. Second Quarter Fiscal 2013 Financial and Operational Highlights Total course enrollments reached...

BEIJING, May 21, 2013 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), the leading provider of conditional access ("CA") systems to China's expanding digital television market, today announced its unaudited financial results for the first quarter ended March 31, 2013. Highlights for the First Quarter 2013 Net revenues in the first quarter of 2013 were US$19.9 million, representing an 8.4% decrease from the same period in...

BEIJING, May 21, 2013 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company") today announced unaudited financial results for the first quarter ended March 31, 2013. For the first quarter of 2013, TechFaith reported net revenues of US$28.2 million, compared to US$31.0 million in the fourth quarter of 2012 and US$42.7 million in the first quarter of 2012. This is in line with the Company's previously issued...

ALLENTOWN, Pa., May 20, 2013 /PRNewswire/ -- By a unanimous 9-0 decision, the U.S. Supreme Court overturned a federal appeals court ruling on Monday (5/20) that had denied PPL Corporation's claim of a credit against its U.S. income taxes for a "windfall tax" paid to the government of the United Kingdom. In the decision, the Supreme Court ruled that "the economic substance of the U.K. windfall tax is that of a U.S. income tax ... therefore the tax is creditable. "We agree with PPL...

HAIFA, Israel, May 20, 2013 /PRNewswire/ -- Oil Refineries Ltd. (TASE: ORL.TA) (hereinafter "the Group," "ORL"), Israel's largest integrated refining and petrochemical group, announced today its financial results for the first quarter ending March 31, 2013. Results are reported in US Dollars and under International Financial Reporting Standards (IFRS). First Quarter Highlights: Adjusted Net Income totaled $4 million compared with a net loss of $34 million in the first quarter...

In the news release, SORL Auto Parts Reports Financial Results for The 2013 First Quarter, issued 15-May-2013 by SORL Auto Parts, Inc. over PR Newswire, we are advised by the company that in the Condensed Consolidated Statements of Cash Flows (Unaudited), Net Income Attributable to Stockholders, 2013, should read "1,233,379" rather than "2,625,882"; Inventories, 2013, should read "4,130,237" rather than "5,522,740"; Prepayments, 2013, should read "131,123", rather than "119,395"; Other...

BEIJING, May 16, 2013 /PRNewswire-FirstCall/ -- Hollysys Automation Technologies, Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the fiscal year 2013 third quarter ended March 31, 2013 (see attached tables). Q3 Financial Highlights Quarterly revenues of $60.4 million, representing a decrease of 8.7% compared to $66.1 million year over year,...

Company Beats First Quarter 2013 Guidance BEIJING, May 16, 2013 /PRNewswire/ -- Xueda Education Group (NYSE: XUE) ("Xueda" or the "Company"), a leading national provider of tutoring services for primary and secondary school students in China with a focus on offering personalized tutoring services, today announced its unaudited financial results for the first quarter ended March 31, 2013. First Quarter 2013 Quick View Total net revenue for the first quarter of 2013 increased...