Search Results for: FIS
Stocks Climb as Japan Data Spur Growth Optimism: Markets Wrap
April 20th, 2017
New Zealand hits inflation target for first time in 5 years Equity indexes in Japan, Hong Kong and Australia all rise Asian stock markets climbed as oil recovered some of its slump and better-than-forecast trade figures in Japan boosted ...
European countries introduced tax breaks for cycling to work
April 19th, 2017
During the last months, four European countries have introduced tax breaks for cycling to work or extended existing ones: France, Belgium, Luxembourg and Italy. This shows that the idea of rewarding sustainable commuting behaviour through fiscal incentives is gaining ...
Asian Stocks Fall as Dollar Slumps on Trump Talk: Markets Wrap
April 13th, 2017
Japanese shares lead decline as yen strengthens for fourth day Hong Kong equities pare losses amid Chinese export data Most Asian stocks fell after the dollar slumped and Treasury bond yields dropped to the lowest level this year in ...
European Union and Norway agree on free trade of agricultural products
April 11th, 2017
The European Union and Norway came to an agreement which will facilitate bilateral trade in agricultural products, allowing EU exporters to reinforce their position on their 8th largest export market for agricultural products. Commissioner for agriculture, Phil Hogan, today ...
Latest Saudi Arabia Tax and VAT updates; No VAT and Tax to pay
April 10th, 2017
No income tax for Saudi citizens, says finance minister Kingdom will keep VAT at 5% until 2020, and impose 50% tax on soft drinks, 100% on tobacco products from Q2 Saudi Arabia has reiterated that citizens will not pay ...
What economists expect to benefit the UAE economy this year
April 6th, 2017
Robust global trade growth to benefit UAE economy in 2017 Recovery in global trade flows combined with improving demand conditions in the GCC markets, especially Saudi Arabia, is expected to benefit the UAE economy this year, according to economists. ...
China court orders Samsung to pay $11.6 million to Huawei over patent case: local media
April 6th, 2017
A Chinese court has ordered Samsung Electronics‘s mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies for patent infringement, the China firm’s first victory against Samsung on its legal challenges over intellectual property. Three units ...
JAB Steps Up Coffee Challenge With $7.5 Billion Panera Deal
April 5th, 2017
Krispy Kreme owner buys bakeries to take on Nestle, Starbucks Deal includes assumption of $340 million in Panera debt JAB Holding Co. agreed to buy Panera Bread Co. for about $7.5 billion, adding a fast-growing U.S. bakery chain to a food ...
Netherlands Urged To Reform Indirect Tax System
April 5th, 2017
The Netherlands should focus its future tax reform efforts on improving efficiency, reducing the debt bias, and shifting the tax burden from labor toward consumption and property, the International Monetary Fund has said. The IMF said that while the ...
Credit Swiss is mired in an international tax evasion probe
April 3rd, 2017
Credit Swiss is mired in an international tax evasion probe into thousands of suspect bank accounts. A tip off to the Dutch police prompted raids in The Netherlands, Britain,Germany, France and Australia. The UK’s HM Revenue & Customs confirmed ...