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2013年10月25日星期五
Japan rolls back some business rules
TOKYO, Oct.handbags and wallets 18 (UPI) -- Japan's government Friday announced steps to deregulate various business rules to attract foreign investment and and spur economic growth.The rules are part of an initiative to set up "special economic zones," in the county, The Wall Street Journal reported. Two of the key provisions include more relaxed rules on hiring and firing in the special zones and an allowance for temporary workers, who can now be considered temporary for 10 years before they need to be dismissed or put on permanent status. In the past, the maximum was five years for a company to keep an employee in a temporary worker status, the Journal said.louis vuitton epi There were complaints, however, that the changes did not go far enough, especially in labor reforms.Some were hoping the government would relax rules that limit working hours for senior positions. It has been argued that a change there would have meant higher productivity, but the labor ministry remains concerned that workers could be required to work long hours without proper compensation, the Journal said."We've obviously stepped back on this, otherwise the whole process of making economic zones would have been brought to a halt," said a member of the government's panel.louis vuitton wallet for sale"We will make Japan's employment rules clear so that foreign companies won't hesitate to open offices in Japan," said Yoshitaka Shindo, the government minister who is directing the economic zone project.The government also said it was seeking suggestions for other rule changes that might apply to the economic zones. Two cities, Tokyo and Osaka have proposed lowering the corporate tax rate in the economic zones from 38 percent to 20 percent, putting it more in line with Hong Kong and Singapore, where the tax rates are 16.5 percent and 17 percent, respectively, the Journal said.new louis vuitton bags
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HSBC to appeal $2.4 6 billion judgement
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Illinois' top court strikes down Internet tax bill
CHICAGO, Oct.buy louis vuitton bags 18 (UPI) -- The Supreme Court of Illinois deferred to federal law Friday and ruled the state's so called "Amazon tax law" was unconstitutional.The court upheld previous rulings by the Circuit Court of Cook County on the law that was meant to even out the sales tax between online firms and brick-and-mortar companies that complain their online competitors have an unfair price advantage by not having to charge sales tax.States, essentially, are trying to work around the concept of applying a sales tax only to companies that have a physical presence in their state.Many states have tried to extend the definition of having a physical presence in the state by including business affiliates.louis vuitton wallet for sale A retailer, like Amazon, for example, could have operations and offices in one state, but affiliate themselves with local companies of other states that offer Web links back to Amazon."Because we agree with the circuit court's conclusion that the relevant portions of Public Act 96-1544 are preempted by federal law, we affirm the judgment of the circuit court," the Supreme Court said in a 22-page ruling.
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