tax breaks

China unveils new incentives to boost employment

China's cabinet unveiled new measures on Friday to boost employment, offering more flexible tax breaks to companies to hire the jobless, preferential loans and incentives for farmers and new graduates.

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Brazil's Rousseff says austerity drive to last as long as needed

President Dilma Rousseff appealed to Brazilians on Sunday to back fiscal austerity policies, while saying that the belt-tightening will last as long as needed and positive results will only start showing at the end of this year.

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White House issues veto threat for House bills on tax breaks

The White House on Tuesday issued formal veto threats for two U.S. House of Representatives bills, one that would permanently extend certain tax breaks for small businesses, and the other that would make permanent the current tax breaks for certain charitable donations.

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Senate passes bill temporarily renewing tax breaks

Dozens of temporary tax breaks, including big ones for business research, wind power and foreign profits, were renewed by the U.S. Senate late on Tuesday, putting to rest worries that further delays in dealing with the so-called tax extenders might foul up the approaching tax-filing season.

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In blow to tax negotiators, Obama threatens veto

President Barack Obama pledged on Tuesday to veto a deal still under negotiation in Congress that would make several expiring business tax breaks permanent.

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Annual China trade growth slows in October in further sign of fragility

Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy that could prompt policymakers to roll out more stimulus measures.

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Uk investors urge to bet on venture capital trusts

An online report on UK financial website This Is Money discussed the advantages of investors betting in venture capital trusts at the time when certain economic factors are in their favor.

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Democrats eye corporate tax breaks

Democrats urged Republicans to limit tax breaks, executive stock options and other tax preferences enjoyed by hedge fund managers and private equity advisers.

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Proposals to overhaul US tax system put corporate tax breaks at risk

Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.

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