Biofuel for commercial flights by 2010: IATA

The International Air Transport Association (IATA) said Friday it would approve biofuels for commercial flights by 2010 in a bid to drastically reduce the industry's carbon footprint.

IMF chief says SMS tax could help Philippines

International Monetary Fund chief Christine Lagarde urged the Philippines on Friday to tax mobile phone messages to shore up state funds in a country sometimes called the world's text message capital.

Preferences, incentives matter for capital tax levels, study finds

(Phys.org)—Against the backdrop of a nation obsessed with the debate on taxes, Cornell assistant professor of economics Maxim Troshkin and colleagues have completed a study that could help determine the ideal capital tax ...

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