|Submited on :||Sat, 27th of Jan 2018 - 08:05:31 AM|
|Post ID :||7t8v80|
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|Subreddit ID :||t5_2qh1s|
This is the best tl;dr I could make, original reduced by 92%. (I'm a bot)
New tax rules are hastening automation and modernizing in U.S. factories, giving manufacturers an incentive to buy machinery and boost productivity in a tight labor market.
Mr. Mathas said he plans to spend at least $1.5 million this year to add three or more robots to a production line in lieu of workers he is struggling to find.
Aluminum producer Novelis Inc. is among the bigger companies planning to build new plants or spend more on factory equipment this year in part because of the beefed-up depreciation benefit.
To read the full story
Thousands of homes in Vancouver have been declared unused and liable for new empty homes tax as part of government attempt to tackle skyrocketing home prices and soaring rents. After introducing 20% tax on foreign buyers, city is continuing to tackle housing affordability.
Apple, the world's most profitable firm, has a secretive new structure allowing it to continue avoiding billions in taxes, Paradise Papers show. They sidestepped a 2013 crackdown by actively shopping around for a tax haven, landing $252bn on the Channel Island of Jersey.