Search Results for: taxes
CySec warns that individuals are falsely presenting themselves as CySec officers
June 13th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a warning to inform investors and the general public regarding individuals impersonating CySec officers : According to CySec’s warning: Following up on the relevant Cyprus Securities and Exchange Commission (‘CySEC’) announcement ...
IHS and Markit announce Senior Executive Leadership appointments for IHS Markit
June 7th, 2016
IHS (NYSE: IHS) and Markit (NASDAQ: MRKT) today announced senior executive leadership appointments for IHS Markit following the consummation of the proposed merger of equals that was announced on March 21, 2016. The appointments will be effective upon completion ...
The Tiny Malaysian Island That Wants to Be a Tax Haven
June 3rd, 2016
In the secretive world of offshore tax havens, the tiny Malaysian island of Labuan is doing something curious: seeking the spotlight. Top executives of the Labuan International Business and Financial Centre have been on a tour of major cities ...
France seeks €356m in unpaid tax from Booking.com
June 2nd, 2016
French authorities are seeking €356m (£276m) in unpaid taxes from Booking.com, according to documents filed by parent company Priceline. Documents filed with US regulator said French authorities recently completed an audit of Booking.com’s accounts from 2003 to 2012. The ...
EU Approves Directive On CbC reporting of tax information
June 1st, 2016
On May 26, 2016, the Council of the European Union approved a Directive on the country-by-country (CbC) reporting of tax information by multinational corporations and automatic exchange of that information between EU tax authorities, which member states would be ...
Bitcoin Miner KnCMiner Declares Bankruptcy
May 31st, 2016
KnCMiner, who recently won a lawsuit against complainants who had sued over late or failed delivery of one of the company’s previous iterations of bitcoin mining hardware (the Titan) , has filed bankruptcy ahead of July’s mining reward halving. The Swedish ...
A new ISO Standards for mobile payments
May 26th, 2016
It is not so long ago that a mobile phone was used to make phone calls. These days, it is used for everything from navigating our way through the streets to paying our bills and managing our bank accounts. ...
Google’s French headquarters raided in tax probe
May 25th, 2016
French police have raided Google’s Paris offices as part of an investigation into “aggravated tax fraud” and money laundering. The raid is the latest regulatory headache for the US search engine and email company, which like other Silicon Valley ...
Athens Stock Exchange announced EUR1.9m net after tax profits
May 24th, 2016
The consolidated net after tax profits of the Athens Exchange Group amounted to EUR1.9m vs. EUR4.1m in the first quarter (Q1) of 2015, reduced by 54%. The net after tax profits per share, which include the securities valuation differences and related taxes, amounted to EUR0.02 vs. ...
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
