Facebook will start paying 18 percent VAT in Russia
April 11th, 2017
Social media giant Facebook has joined the list of IT firms registered with Russia’s Federal Tax Service as a foreign company selling electronic content in Russia. Beginning April 25, the California-based company will start paying 18 percent value added ...
Asia Stocks Slump as China Shares Drop, Yen Gains: Markets Wrap
April 11th, 2017
Treasury yields fall on geopolitical concerns, Yellen comments Crude futures steady after longest winning streak of the year Asian stocks fell as Chinese shares slumped and the yen weighed on Japanese equities. Treasuries climbed amid increasing caution about geopolitical ...
ESMA reports on EU Accounting enforcement in 2016
April 10th, 2017
The European Securities and Markets Authority (ESMA) has published its annual report on the enforcement and regulatory activities of accounting enforcers within the European Union (EU) in 2016. ESMA, in 2016, continued strengthening supervisory convergence in the area of ...
Netherlands to introduce Registry Of Beneficial Ownership to fight Tax evasion
April 10th, 2017
One year after the revelations of the Panama Papers there is still a lot of work to do for the Netherlands to effectively prevent and fight widespread international money laundering structures and unlawful tax evasion. This is especially the ...
What UniCredit say for the Pound to Euro exchange rate
April 10th, 2017
The British Pound might have creeped higher against most major currencies in the March to April period, but it is far too soon to call this the start of a long-term recovery argue analysts at one of Europe’s largest ...
Most Asian Stocks Rise as Yen’s Drop Lifts Topix: Markets Wrap
April 10th, 2017
Korean shares slip with the won; oil extends last week’s gain Earnings from Prada, JPMorgan and Tesco are expected this week Most Asian stocks rose, with a falling yen pushing shares higher in Japan, as investors weighed the impact ...
Australia’s Law to End Double Taxation of Bitcoin Stalled
April 8th, 2017
Last year, Australian Treasurer Scott Morrison promised to swiftly act on changing the goods and services tax (GST) law, in order to end the double taxation of bitcoin and other digital currencies. However, over fourteen months have passed without ...
ESMA publishes updated AIFMD and UCITS Q&As
April 7th, 2017
The European Securities and Markets Authority (ESMA) has published updated questions and answers documents (Q&A) on the application of the Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS). Both ...
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April 7th, 2017
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April 7th, 2017
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