Tax Credit | OTC Capital Partners
Wednesday, February 8, 2012

U.S. sets ultimatum in Swiss bank tax dispute: reports

Posted by Reuters: Business News on September 5, 2011

ZURICH (Reuters) – The United States has written to Switzerland to demand it hands over detailed information this week on its citizens using Swiss accounts to dodge tax or see Credit Suisse and nine other banks face charges, newspapers reported on Sunday.



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Sony forecasts $975 million net profit for current year

Posted by Reuters: Business News on May 26, 2011

TOKYO (Reuters) – Sony Corp forecast a net profit of 80 billion yen ($975 million) on Thursday for the year that started on April 1, after net losses ballooned to 260 billion yen last business year on a tax credit write-off.



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Housing shows stability but factory orders fall

Posted by Reuters: Business News on October 4, 2010

WASHINGTON (Reuters) – Pending sales of previously owned homes rose to a four-month high in August, implying the housing market was regaining some stability after recent steep declines following the end of a home-buyer tax credit.



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Stock futures add gains after data

Posted by Reuters: Business News on September 21, 2010

NEW YORK (Reuters) – Stock index futures rose on Tuesday after data showed the embattled housing market has started to stabilize following the end of a tax credit.



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Housing starts at 4-month high in August

Posted by Reuters: Business News on

WASHINGTON (Reuters) – Housing starts increased more than expected in August to their highest level in four months and permits for future home construction rose, government data showed on Tuesday, suggesting the embattled housing market was starting to stabilize following the end of a tax credit.



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Pending home sales rise 5.2 percent in July

Posted by Reuters: Business News on September 2, 2010

WASHINGTON (Reuters) – Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.



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Homebuilder confidence at 15-month low

Posted by Reuters: Business News on July 19, 2010

WASHINGTON (Reuters) – Home-builder sentiment fell more-than-expected in July to the lowest level in more than a year after a popular home-buyer tax credit expired in April, the National Association of Home Builders said on Monday.



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Pending home sales plunge record 30 percent

Posted by Reuters: Business News on July 1, 2010

WASHINGTON (Reuters) – Contracts for pending sales of previously owned homes plunged a record 30 percent in May, far more than expected, after a popular tax credit expired at the end of the prior month, a survey from the National Association of Realtors showed on Thursday.



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Home prices climb on tax credit push

Posted by Reuters: Business News on June 29, 2010

NEW YORK (Reuters) – Single-family home prices unexpectedly climbed in April from March, driven by a final sales push before tax credits expired, but signs of a sustained recovery have yet to emerge, Standard & Poor’s/Case Shiller home price indexes showed on Tuesday.



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New home sales at record low as tax credit expires

Posted by Reuters: Business News on June 23, 2010

WASHINGTON (Reuters) – Sales of new homes dropped a record 32.7 percent in May to the lowest level in at least four decades as the boost from a popular tax credit faded, adding to worries of a slowing economic recovery.



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