Search Results for: Europe
OECD Supports States To Mirror EU’s Digital VAT Reforms
October 27th, 2017
On October 24, the OECD released new implementation guidelines to support the collection of consumption taxes on cross-border sales. The guidance – Mechanisms for the Effective Collection of VAT/GST Where the Supplier Is Not Located in the Jurisdiction of ...
Which sector is the main employer in the EU Member States?
October 27th, 2017
In 2016, almost half of employment in the European Union (EU) was concentrated in two economic activities: “Wholesale and retail trade, transport, accommodation and food services” (24.7%) and “Public administration, defence, education, human health and social work activities” (23.7%). ...
Aussie dollar tumbled, Kiwi extended a slide, Gold fell 0.3 percent, Japan’s Topix index rose
October 25th, 2017
Gains in Asian equities stalled at recent highs, while optimism in the world economy and encouraging earnings reports buoyed the dollar and bond yields. The Australian dollar sunk to its lowest since July after inflation data damped the outlook ...
Merrill Lynch fined £34.5 million for failures under EMIR
October 24th, 2017
Merrill Lynch International (MLI) has been fined £34,524,000 by the Financial Conduct Authority (FCA) for failing to report 68.5 million exchange traded derivative transactions between 12 February 2014 and 6 February 2016. This is the first enforcement action against ...
Yen and Kiwi fell, the Euro was down; Key events coming up this week
October 23rd, 2017
A landslide election victory for Japan Prime Minister Shinzo Abe sent the yen down and stocks in Tokyo higher, with the path paved for a continuation of loose monetary policy. With Abe now in good political shape ahead of ...
The productivity myth
October 20th, 2017
Every now and then, there’s a rash of commentary on national productivity. And for the British, productivity is all part of the Brexit angst, with the OECD, the Treasury, the Bank of England and Remainers all saying the ...
EU Council Approves VAT Derogation For Four States
October 20th, 2017
In Volume 60 of the Official Journal of the European Union (L 265), published October 14, the European Council approved four proposals for council implementing decisions in respect of derogation sought by member states from the EU VAT Directive. ...
Law firms struggle with the digital age
October 20th, 2017
Law firms are finding it difficult to differentiate their offerings as they cannot innovate like other businesses. Law firms are still coming to terms with the new digital landscape and many are still struggling with the concept of having ...
Vienna Stock Exchange expands its range of offerings
October 20th, 2017
The Vienna Stock Exchange is further expanding its range of offerings for domestic investors with the new “ETF segment” launching today. Passive investment funds offer investors a simple, effective and inexpensive way of investing in the most diverse markets ...
The Yen declined, Dollar climbed; Global equities reached records
October 20th, 2017
The dollar climbed as Treasuries fell after the latest developments in Washington buoyed optimism about the chances for American tax cuts. Stocks in Asia halted a rally after global equities reached records during the week. The U.S. Senate adopted ...
