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Taxation in Medical News

Aggressive Tobacco taxation policy can reduce cigarette smoking

Lung cancer is the most common and deadly cancer worldwide. About 1.4 million people are diagnosed of lung cancer this year out of which // 85% will die before 2010. Habit of smoking is reducing in high income countries, but it is fastly increasing in low and middle income countries. The most impor...

Post-Recession Incomes Will Be Hit Hard by Health Care Spending for Middle Class Working Families, PENN Analysis Shows

... health care hits the household finances of middle-class workers harder because health care makes up a larger proportion of their budget. Progressive taxation could simultaneously address the regressive nature of health care cost growth and provide financing for health care reform. " PENN Medicine ...

Is a society with smokers profitable?

... The latest rise in the indirect taxation on tobacco and alcohol took place in June. The most popular brand of cigare...ted, the financial externalities are partly compensated for by the level of taxation applied in many industrialized countries. Nevertheless, the most solid jus...

Winner Medical to Benefit From the Increase of Tax Rebate Rate for Exports From China

... SHENZHEN, China, June 19 /PRNewswire-Asia/ -- On June 3, 2009, the Chinese State Ministry of Finance and State Ministry of taxation announced that as of June 1, 2009, the tax rebate rate for exports of medical dressing and related products would be increased by two (2) percent. As ...

New CASA* Report Finds Federal, State and Local Governments Spend Almost Half a Trillion Dollars a Year on Substance Abuse and Addiction

...t went to prevention and treatment, 0.4 percent to research, 1.4 percent to taxation and regulation, and 0.7 percent to interdiction. The report, based on ... beyond the narrow categories of spending (prevention, treatment, research, taxation and regulation, and interdiction) to the much larger costs buried in govern...

Cogdell Spencer Announces Commencement of Common Stock Offering

... our understanding of our competition; our ability to renew ground leases; legislative and regulatory changes (including changes to laws governing the taxation of REITs and individuals); increases in costs of borrowing as a result of changes in interest rates and other factors; our ability to maintain our qua...

AIM Health Group Inc. reports largest quarterly profit since going public and announces filing of financial results for the three months ended March 31, 2009 on SEDAR

... general economic, industry and market segment conditions; equipment and labour shortages and inflationary costs; changes in applicable environmental, taxation and other laws and regulations, as well as how such laws and regulations are interpreted and enforced; changes in technology; operating risks, includi...

More Dire Warnings for Social Security

...rement visit RetireSafe's Fair COLA Calculator at www.retiresafe.org/cola_calculator.html . Repeal Double Tax. Seniors are subject to unfair taxation during their retirement years. After spending their whole lives paying taxes to the government -- the IRS still gets to tax 85% of their Social Securi...

New edition of the Tobacco Atlas catalogues catastrophic toll of tobacco worldwide

...xpenditure on health in all low-and middle-income countries. The economic costs come as a result of lost productivity, misused resources, ineffective taxation and premature death: Because 25 percent of smokers die and many more become ill during their most productive years, income loss devastates famili...

RNC: Wrong Prescription

...ate Business Tax Climate. "Kansas ranks 31st in the Tax Foundation's State Business Tax Climate Index. The Index compares the states in five areas of taxation that impact business: corporate taxes; individual income taxes; sales taxes; unemployment insurance taxes; and taxes on property, including residentia...
Taxation in Biological News

Saving the economy and saving the planet

...rtin, proposes an interesting opportunity for the Chancellor to consider in the forthcoming budget, commenting: "If the revenue raised through carbon taxation or auctioning of carbon permits is used to reduce payroll taxes then climate change policy would not only address climate change but indeed would act ...

Improving industry efficiency through environmental innovations

... book's main conclusions. In her reaction, she concluded "You argue that environmental policy needs shocks. History has proved it. You also argue that taxation on pollution can lead to pollution reduction but this is not the driver of changes. History has shown it, as well. You can clean up as much as you wis...

New research suggests biofuel blending is often inaccurate

...onfidence in the product, which is sometimes sold at a premium price over traditional petroleum fuels. There could also be financial issues related to taxation and tax credits for biofuel providers and consumers. The United States currently has a voluntary standard for proper preparation of blended fuels,...
Taxation in Biological Technology

State and Feds Race to Stop Taxation of Internet Access

MADISON, WI - Even as the State Assembly Ways and Means Committee heard testimony on Assembly Bill 234 -- a measure that would end state and local sales taxes on Internet connections -- the U.S. House of Representatives was passing a measure that, if it becomes law, would make the state bill irre...

Shire plc: Core Portfolio of Products Delivers 20% Sales Growth

... of interest in respect of the Transkaryotic Therapies, Inc. ("TKT") appraisal rights litigation. This litigation was settled in November 2008. taxation The effective rate of tax for the three months to June 30, 2009 was -78% (2008: -0.3%). The effective tax rate on Non GAAP income is 2% (2008: ...

Shire begins the year with a strong performance

...s to March 31, 2008 other income, net included a $9.4 million gain on the sale of a minority equity investment in Questor Pharmaceuticals, Inc. taxation The effective rate of tax for the three months to March 31, 2009 was 19% (2008: 26%). Excluding the tax effect of items excluded from Non GAAP ...

Boston Scientific Announces First Quarter Special Items

...nounced it will record a net gain of $63 million (on both a pre-tax and after-tax basis) in the first quarter related to the resolution of the rate of taxation on proceeds received by the Company in 2008 for one of its divested businesses. The Company plans to discuss these and other issues on its first...

Sinovac Biotech Co. Ltd., Sinovac's Beijing Subsidiary, Obtains High-Tech Enterprise Status

...d technology transfers into and within China. The Ministry of Science and Technology of China, the Ministry of Finance and the State Administration of taxation jointly promulgated the Measures For the Recognition and Administration of New and High-Tech Enterprises, which clearly specify the requirements for t...

Shire Delivers Excellent Growth for the Year, With the new Product Portfolio Achieving Sales of $1 Billion

...ified from other comprehensive income to the statement of operations, as management have concluded that the impairment is other than temporary. taxation The effective tax rate for the year to December 31, 2008 was 37% (2007: -4%). Excluding the IPR&D charge of $263.1 million, (2007: $1,866.4...

PRC Government Grants High-Tech Status to AOBO Subsidiaries

...d technology transfers into and within China. The Ministry of Science and Technology of China, the Ministry of Finance and the State Administration of taxation jointly promulgated the Measures For the Recognition and Administration of New and High-Tech Enterprises, which clearly specifies the requirements for...

Informed Medical Communications Appoints New Chief Financial Officer

...ds a BA in Economics from Muhlenberg College, an MBA in Professional Accounting from Rutgers Graduate School of Business and a Post-MBA Certificate in taxation from Bernard Baruch College. "Bert has tremendous experience in the financial and pharmaceutical realms, which will be invaluable to us as we contin...

Shire plc: IFRS Results for the Year Ending December 31, 2007

... __________ __________ Profit before taxation 31.4 129.6 taxation 4 51.0 (114.0) ...

Protalix BioTherapeutics Signs Lease Agreement for Expansion of its Manufacturing and Research Facility in Carmiel, Israel

...ry, Trade and Labor. Under Israel's Law for the Encouragement of Capital Investments, 1959, the income from an Approved Enterprise will be exempt from taxation in Israel for a period of 10 years, commencing with the year in which taxable income is first generated from the Approved Enterprise. Commenting on ...
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