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“Legislators said it looks too much like a tax increase,” said Kurt Wenner, a vice president of research at Florida TaxWatch, which has advocated for expanding remote sales taxes for the increased revenue. Congress could potentially provide a solution. A bill announced on September 14 by U.S. Representative Jim Sensenbrenner, a Wisconsin Republican, seeks to clarify interstate collection requirements best cufflinks for groom uk sale. It would block states from imposing sales tax collections on retailers before January 1 and would also bar retroactive taxation..
PARIS/TOKYO (Reuters) – Nissan wants more influence in its alliance with France’s Renault following the arrest of group Chairman Carlos Ghosn, arguing the structure does not adequately reflect the Japanese carmaker’s size and global sales. Japan’s No.2 auto manufacturer has long felt like the junior partner in the alliance built by Ghosn over the last 19 years, since he rescued Nissan from near-bankruptcy. The alliance was extended to include Mitsubishi Motors in 2016 best cufflinks for groom uk sale. But while Nissan is agitating for change, the French and Japanese governments talked up stability on Wednesday, saying they wanted to consolidate the alliance following Ghosn’s shock arrest on suspicion of financial misaccounting..
Nissan has said it will fire Ghosn as chairman on Thursday. “We need to return to the original idea of a win-win relationship,” a long-time Nissan executive told reporters at a briefing in Tokyo, speaking on condition of anonymity. It should be “a more equal relationship than before.” best cufflinks for groom uk sale. Nissan, while almost 60 percent bigger than Renault by sales, remains junior in their shareholding structure. While Renault holds 43.4 percent of Nissan, Nissan has just a 15-percent non-voting stake in Renault. Renault’s biggest shareholder is the French state with 15 percent..
The Nissan executive said a reduction of Renault’s stake in Nissan should be one option under consideration best cufflinks for groom uk sale. Ghosn, a Brazilian, Lebanese and French citizen, had personally shaped the alliance and pledged to consolidate it with a deeper tie-up, one that not all parties were convinced by. Before his arrest, the 64-year-old was exploring a full Renault-Nissan merger at the French government’s urging. “We’d asked Carlos Ghosn to reinforce the alliance,” a French official told Reuters, adding that the government was still in the dark about the case against him..
“It’s difficult to see what’s behind all this – whether it’s all true, or whether it’s been swiftly brought out to scupper the alliance or take control.” best cufflinks for groom uk sale. Auto analyst Thomas Besson of Paris brokerage Kepler was less equivocal. Nissan’s planned dismissal of its chairman “appears to be an indirect way of formally refusing a financial merger that Ghosn was advocating”, he said. As well as geography and culture, the ties among the companies are complicated by the role of the French state, which enjoys double-voting rights in Renault..