Blog Entries tagged 'income tax' Blog Entries tagged 'income tax' Tue, 14 May 2013 13:25:49 +0100 FeedCreator 1.7.2 Weatherford reports $500 million tax error

Weatherford International shook investors and Wall Street when it reported after the market's Tuesday close that it would delay the filing of its 2010 annual report after discovering a material weakness in its internal control over financial reporting for income taxes.

The energy equipment and services provider said errors for the periods from 2007 to 2010 totaled about $500 million.

"The company's processes, procedures and controls related to financial r [...] Tue, 01 Mar 2011 23:00:00 +0100 material weakness internal controls income tax errors compliance Ten best and worst states for business taxes

Think the state taxes imposed on your company are too high? Or at least, steeper than in other places? A new report   ranking the best and worst state business tax climates can provide a clearer picture of how relatively onerous the situation is.

 The report, from the Tax Foundation, compares states on five separate aspects of their tax systems--property, corporate, individual income, sales, and unemployment insurance taxes--then adds the results up to a final, overall ranking [...] Wed, 17 Nov 2010 23:00:00 +0100 taxes sales tax income tax corporate tax compliance business taxes