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As a tip of the cap to the Dutch and their historical leadership position in global trade and investment, I'm calling this endeavor the Orange portfolio. The Dutch gave the US its first multinational corporation, the first modern stock exchange,

By R. Jai Krishna and Mukesh Jagota, Dow Jones Newswires India's federal government Monday said that the closely watched tax case involving the UK's Vodafone Group PLC. is an example of how some companies misuse tax havens to avoid paying taxes in

Other countries where tax on personal income was high in 2012 were also the Netherlands, Spain (both 52.0%), Austria and the United Kingdom (both 50.0%). The average numbers on personal income tax for the whole Union were 38.1%, while 43.2 only for the

Major companies have been preparing for the tax by expanding offices in Europe.

The tax of 15 cents per bag was introduced five months ago in an attempt to curb litter, and the improvement had been immediate and "plain to see", said Environment Minister Martin Cullen. Bangladesh has banned polythene bags altogether while Taiwan and Singapore are taking steps to discourage their use. The ministry said that if the current trend continued, the tax would bring in 10 million euros in a full year. Some may choose not to pay and hope they will get away with it while others will not even know about it, says Drobik. Many of the companies affected are in North America, including online auctioneer eBay and AOL, CNN's parent, as well as thousands of smaller operators.