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Volkswagen to pay $86 million in penalties to California over emissions
July 7, 2016 by admin · Leave a Comment
By Alex Dobuzinskis LOS ANGELES (Reuters) – Volkswagen AG will pay an additional $86 million in penalties to California over its emissions scandal, on top of a settlement of about $15 billion the automaker reached with U.S. officials last week, state Attorney General Kamala Harris said in a statement on Thursday. The scandal has disrupted Volkswagen's global business and sullied its reputation. The office of Harris, a Democrat, said the $86 million in …
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Volkswagen to pay $86 million in penalties to California over emissions
raymond
Facebook faces U.S. tax exam over Ireland asset tranfer: lawsuit
July 7, 2016 by publisher · Leave a Comment
(Reuters) – The U.S. Internal Revenue Service is examining Facebook Inc in connection with its transfer of various rights associated with its worldwide business to a holding company in Ireland, according to court papers. The U.S. Justice Department filed a lawsuit on Wednesday in federal court in San Francisco seeking to enforce IRS summonses served on Facebook and force the company to produce various documents as part of the agency's examination. (Reporting by Nate Raymond in New York; Editing
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Facebook faces U.S. tax exam over Ireland asset tranfer: lawsuit