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Volkswagen increases discounts after emissions scandal: report

April 17, 2016 by · Leave a Comment 

Volkswagen AG is offering bigger discounts in its home market to try to lure back customers after the automaker admitted using software to allow diesel vehicles to cheat emissions tests, a German trade magazine reported on Saturday. Germany's Automobilwoche said Volkswagen was trying to boost the used car trade by raising

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Volkswagen increases discounts after emissions scandal: report

shell-companies

U.S. Treasury readies new tax rules as G20 vows to fight evasion

April 17, 2016 by · Leave a Comment 

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department is finalizing new tax rules aimed at combating the use of shell companies to evade taxes, U.S. Treasury Secretary Jack Lew said on Saturday amid increased pledges by global finance leaders to cooperate on tax issues. In a statement to the International Monetary Fund's steering committee, Lew said the Treasury was finalizing a rule that would require banks to identify the beneficial owners of…

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U.S. Treasury readies new tax rules as G20 vows to fight evasion