Taxation News and Research

RSS

Weight and risk for diabetes decrease for people in communities where fast food prices increase: Study

A new study that followed participants for 20 years shows both weight and risk for diabetes decreased for people in communities where fast food prices increased.

9 Mar 2010

Virginia bill may prompt state-federal fight over insurance mandate

A bill in the Virginia state legislature could upend a critical provision of the Democrats' health overhaul and open the door for a fresh battle over the federal government's power over states, The Boston Globe reports.

8 Mar 2010

Tax treaty with U.S. will pave way for investment in Canadian biotechnology firms, says BIOTECanada

Removing administrative barriers under the Canada-US Tax Treaty for investors such as non-resident venture capital funds are a welcome change, and ease the way for investment in Canadian biotechnology firms according to trade industry association BIOTECanada.

5 Mar 2010

Beyond Blair House: Discussion of public option, 'Cadillac tax' continue

As lawmakers and President Obama discuss health care at the Blair House summit, news reports ply two policy issues in the latest overhaul proposal, the public option and the "Cadillac tax."

25 Feb 2010

Shire reports total revenues of $3,008 million for 2009

Shire plc the global specialty biopharmaceutical company, announces results for the year to December 31, 2009.

22 Feb 2010

DASNY mental health services facilities improvement revenue bonds series 2010A rated 'A+' by Fitch Ratings

Fitch Ratings assigns an 'A+' rating to the following Dormitory Authority of the State of New York (DASNY) mental health services facilities improvement revenue bonds: $245,375,000 series 2010A.

20 Feb 2010

WellPoint cancels Investor Day, schedules conference call to review 2010 financial outlook

WellPoint, Inc. today cancelled its Investor Day previously scheduled for February 23, 2010, and announced that management will review the Company's 2010 financial outlook during a conference call on March 17, 2010, at 8:30 a.m. Eastern Daylight Time (EDT). The Company continues to expect full year 2010 net income to be at least $6.00 per share, subject to its ability to secure and maintain sufficient premium rates.

16 Feb 2010

Accuray: Mount Vernon Cancer Centre acquires CyberKnife Robotic Radiosurgery System

Accuray Incorporated, a global leader in the field of radiosurgery, announced today that Mount Vernon Cancer Centre in the United Kingdom has become the first National Health Service hospital to acquire a CyberKnife® Robotic Radiosurgery System.

16 Feb 2010

Alcon reports 2009 fourth quarter results

Alcon, Inc. reported that global sales rose 14.5 percent to $1.72 billion for the fourth quarter of 2009, or an 8.5 percent increase excluding the impact of foreign exchange fluctuations. Reported net earnings for the fourth quarter of 2009 grew 8.0 percent to $458 million, or $1.51 per diluted share.

11 Feb 2010

sanofi-aventis reports 2009 fourth-quarter and full-year net earnings

Commenting on the Group's 2009 performance, sanofi-aventis Chief Executive Officer Christopher A. Viehbacher said, "2009 was the first year of implementation of our new strategy. Major steps have already been achieved in strengthening our growth platforms and reinforcing our R&D pipeline while delivering a double-digit EPS(1) growth".

10 Feb 2010

Report: California biomedical industry faces unprecedented challenges

The biomedical industry is one of the most recession-resilient sectors in California's hard-hit economy and a critical driver of innovation, job growth and revenue that will help lead the state to economic recovery, according to a report released today by the California Healthcare Institute (CHI) and PricewaterhouseCoopers LLP (PwC).

3 Feb 2010

WellPoint announces net income of $2.7 billion for fourth-quarter fiscal 2009

WellPoint, Inc. today announced that fourth quarter 2009 net income was $2.7 billion, or $5.95 per share. The results included net after-tax income of approximately $2.2 billion, or $4.79 per share, resulting from a gain on the sale of the NextRx pharmacy benefit management subsidiaries ("NextRx"), partially offset by costs for restructuring activities and intangible asset impairments.

27 Jan 2010

Medical Marijuana praises New Jersey State Assembly for removing state-wide penalties on marijuana use

Medical Marijuana Inc applauds the New Jersey State Assembly and Senate for having approved "The New Jersey Compassionate Use Medical Marijuana Act" on Monday, January 11, 2010. A804/S119 removes state-wide penalties for possession of up to two ounces of marijuana when a New Jersey licensed Physician recommends it for one of the qualified medical conditions including Aids, Cancer, Multiple Sclerosis and Crohn's disease among others.

13 Jan 2010

Obama to meet with labor leaders to push 'Cadillac' tax in health overhaul legislation

"President Barack Obama, facing growing resistance among Democrats over his support for taxing health benefits, will confront U.S. labor leaders and House lawmakers this week on the issue."

11 Jan 2010

Medicare, fraud and abuse remains top health law issues for 2010

Health care reform will change, if not send shock waves through, virtually the entire field of health care law. That is the consensus of 24 health law practitioners from BNA's Health Law Reporter advisory board, in a survey conducted in December 2009.

9 Jan 2010

Dr. Jack Kushner's new book offers counsel for surviving and succeeding in changing economy

In his new nonfiction book, "Coping Successfully with Changing Tides and Winds: A Neurosurgeon's Compass" (published by iUniverse), author Dr. Jack Kushner recounts his impressive autobiography as a doctor and financial expert while also recommending some time-proven counsel for surviving as well as succeeding in this rapidly changing economy.

8 Jan 2010

Medical Marijuana launches National Educational Expo at the Los Angeles Convention Center

Medical Marijuana Inc is proud to announce the launch of its first National Educational Expo at the Los Angeles Convention Center, Theatre Room on January 16 & 17, 2010.

5 Jan 2010

Health care reform legislation will increase premiums for New Yorkers

Mark Wagar, President and CEO of Empire BlueCross BlueShield urged further improvement to the federal health care reform legislation that today does little to control the rising costs of health care and will increase premiums for too many New Yorkers and too many across the nation.

22 Dec 2009

New Manager's amendment holds tax burdens that may raise Missouri premiums and subsidize other states

Yesterday, Senator Reid released his Manager's amendment to the health care reform legislation currently being discussed in the U.S. Senate. One provision in the amendment involved the $6.7 billion annual tax that will be levied on the health insurance industry.

21 Dec 2009

Medical Marijuana announces the Nationwide Launch of its Educational Seminar series

Medical Marijuana, Inc. endorsed today the unprecedented act of President Obama signing into federal law the removal of restrictions on the use of medical marijuana in the nation's capitol, which underscores MJNA's foresight in becoming the first US public company to emerge, providing solutions to this revolutionary growth industry.