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Friday, July 19, 2013

Taxes

News                                                                                                                             
CNN Money | U.K. plans big tax breaks for shale gas
The U.K. government is planning to slash taxes for energy companies in a bid to stimulate a U.S.-style shale gas boom.
Bloomberg | OECD Proposes Plan for Crackdown on Companies’ Tax Avoidance
The Organization for Economic Cooperation and Development proposed a blueprint for cracking down on tax-dodging strategies used by companies such as Google Inc. (GOOG), Apple Inc. (AAPL) and Yahoo! Inc. (YHOO)

Econ Comments & Analysis                                                                                            
WSJ | America Goes It Alone on High Corporate Taxes
What happens when the international economy changes but tax policy does not? That is a central question facing the United States and Japan, which have the highest corporate tax rates in the industrialized world. The need for action is acute, and emerging trends in global commerce demonstrate the need for tax policies that align with those trends.