Business news for Mon, 17 Dec 2007 & with word tax. 22 news.

Business travellers making as few as four overnight visits to Britain a month could find themselves tax-resident under new proposals say experts

CHINA will encourage the exploration and production of unconventional energy sources, such as oil shale, oil sands and natural gas hydrate, according to the 2007 edition of the guidelines for industrial restructuring. Sources with the National Development and Reform Commission said yesterday that development of these unconventional reserves would be supported by loans and tax breaks in the next few years. Last Friday, the NDRC - the country's top economic planning agency - began soliciting public opinion on the 2007 edition of the guidelines. A recent report by the Boston Consulting Group said China has expressed willingness to cooperate with multinational energy companies to develop unconventional reserves to increase supplies. China hopes to improve energy security by developing unconventional resources. The report said China's unconventional reserves were 16 times as large as conventional reserves. For instance, deposits of oil shale were estimated at two trillion tons in

CHINA will eliminate export tax rebates on major grains as part of a series of measures to ensure domestic supplies are adequate and to control rising food prices. Tax rebates on wheat, rice, soybeans and corn will be eliminated from December 20, according the Website of the central government yesterday. China's food costs gained 18.2 percent last month, pushing inflation to the highest in 11 years. The government has sold corn and vegetable oil from state reserves and asked local authorities to boost emergency stockpiles to ensure stability, according to Bloomberg News. "This is bearish for local wheat and corn markets as it adds a few million tons to supply," said Zhao Qiang, research manager at Tianqi Futures Co in Harbin. "The effect on global markets will be small as China's exports are limited." China shipped 4.9 million tons of corn and 1.2 million tons of rice overseas in the first 11 months of this year.

You can retire, but you can never retire from income tax planning.

The renovation of the Antioch Center mall will get $2.5 million in remediation tax credits from the Missouri Department of Economic Development.

A review set up by the British Treasury has ruled out calls for the reduction of corporation tax in Northern Ireland.

Massachusetts businesses made $4.2 billion in state and local tax payments between fiscal year 2002 and fiscal year 2007, according to a report issued Monday by the Associated Industries of Massachusetts Foundation.

A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.

There's still time to trim your 2007 tax bill. See if these tax tips could be right for you.

Act now to qualify for an expiring tax break for teens and college students.

Where the leading candidates stand on everything from a gas tax to drilling in the Arctic National Wildlife Refuge.

The bad news? Washington didn't get many new jobs from granting Boeing a huge tax break. The good news? It may not be quite so big a tax...

Alan Greenspan, former chairman of the Federal Reserve, suggested Sunday that a tax break or other government financial help for homeowners facing the mortgage crunch would be the best political fix for the economy. He cautioned against meddling with home...

Alan Greenspan, former chairman of the Federal Reserve, suggested Sunday that a tax break or other government financial help for homeowners facing the mortgage crunch would be the best political fix for the economy.

It's time to play Santa again. This year, put yourself at the top of the tax gift list with these critical year-end moves.

Experts offer tips on how donors can aid favorite causes and optimize tax savings It is that time of year. The bells are ringing, the cards need writing and charitable requests keep coming. But financial advisers say individuals shouldn't make a single donation without first considering their philanthropic goals and the most tax-advantageous ways to give.

A printing company that once found itself at the center of a storm over municipal tax incentives has been forced into Chapter 11 bankruptcy by three of its creditors.

Despite having low income tax growth, coupled with rising materials and health care costs, Dayton city officials plan to boost next year's budget by $2 million.

Sedgwick County's 1-cent arena sales tax becomes history on New Year's Day.

The final weeks of the year offer mutual-fund investors a key opportunity to make changes in their holdings. A few deft moves now could make way for big gifts: smaller tax bills and better-rounded portfolios.