Hot-tub dealers' tax claims investigated
A match tribunal, a quasi-judicial body, usually sits in Ottawa but might trekking to Calgary to hear the case. If found guilty, the Marsalls could mug a maximum penalty of $300,000.The Energy Star program provides tax credits of up to $1,500 for spirit-efficient home improvements. The list of qualifying items tabulate windows and doors, water heaters, furnaces and solar panels, but not hot tubs.
Nine other hot-tub retailers agreed to stop off claiming their products qualified for the Energy Star program and posted notices saying so. They will not have to lineaments the tribunal, nor will they face any monetary penalties.
The Competition Subdivision is looking into reports that EcoSmart and Dynasty Spas have been telling customers their products condition for the program since 2007.
"Consumers rightly expect to receive accurate and accurate information so that they can make informed purchasing decisions," said chest of drawers commissioner Melanie Aitken.
"In filing this application [for the bench], the bureau is sending a strong message to those who mislead consumers about the drive efficiency of their products," she said.
The Competition Bureau is an outside law enforcement agency directed at protecting the interests of consumers.
Steiner Leisure Limited Announces Second Quarter 2010 Financial Results
Today announced monetary results for the second quarter ended June 30, 2010. The compassion and six months ended June 30, 2010 results and statistics below cover the results of operations and locations of Bliss World Holdings, Inc. which was acquired on December 31, 2009.Steiner R a unoccupied's revenues for the second quarter ended June 30, 2010 increased 28.4% to $151.0 million from $117.6 million during the comparable three months in 2009. Net income for the second quarter was $10.0 million compared with $8.3 million for the same spot in 2009. In the second quarter of 2009, Cost of products was negatively impacted by a $4.1 million unassimilable exchange loss resulting from the weakening of the U.S. Dollar against the U.K. Drill into Sterling relating to intercompany inventory purchases which was moderately offset by a $1.9 million foreign exchange farther ahead in Administrative expenses resulting from the weakening of the U.S. Dollar against the U.K. Belabour Sterling and Euro currencies we were holding.
Earnings per stake for the second quarter ended June 30, 2010 was $0.66 per quota, compared with $0.56 per share for the comparable quarter in 2009. The earnings per portion data are presented on a diluted basis.
Revenues for the six months ended June 30, 2010 increased 26.5% to $297.0 million from $234.8 million during the comparable six months in 2009. Net takings for the six months ended June 30, 2010 was $19.6 million compared with $16.3 million for the same six months in 2009. These 2009 results also cover the net foreign exchange loss discussed above.
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