Search Results for: taxes
Panama Papers spur global tax tightening as second leak names more people, companies
May 10th, 2016
Details are still being sifted from the hugely anticipated second global data leak that names people, companies and tax schemes connected to offshore entities — many with familiar names. Legal or otherwise, the new cache of thousands of financial ...
U.K., Russia Offer Lowest Rates of Corporate Tax, Study Finds
May 9th, 2016
Corporate tax rates globally average 27 percent, UHY says Group of Seven economies impose corporate levies of 32 percent Russia and the U.K. give companies the lowest effective tax rates among the world’s leading economies, according to a report ...
US tax havens – the new Switzerland
May 9th, 2016
America is a magnet for offshore wealth, notably South Dakota, which has guaranteed secrecy In an old discount store hugging a corner in downtown Sioux Falls, South Dakota, the heirs to the William Wrigley chewing gum fortune have an office for ...
Greece adopted a controversial package of pension cuts and tax hikes
May 9th, 2016
Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next tranche of badly-needed bailout funds. The unpopular reforms, which saw ...
Broadridge Reports Third Quarter 2016 Results
May 6th, 2016
Announces Adjusted Diluted EPS Growth of 23% and Recurring Fee Revenue Growth of 12% Reaffirms Full Year Guidance Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the third quarter of its fiscal year 2016. Results for the ...
GAIN Capital Reports First Quarter 2016 Results
May 5th, 2016
GAIN Capital Holdings, Inc. (“GAIN”) (NYSE: GCAP), has issued a press release to announce financial results for the first quarter of 2016. Net revenue for the quarter was$115.6 million, up from $93.0 million in the first quarter of 2015, and adjusted EBITDA ...
Craig Wright Says He Will Prove He Is Bitcoin Creator ‘Satoshi Nakamoto’
May 4th, 2016
One day after Australian businessman Craig S. Wright declared he created the virtual currency bitcoin, he says he plans to prove it. After many bitcoin experts expressed skepticism about Mr. Wright’s claims, the 45-year-old computer scientist and engineer wrote Tuesday on his ...
TICKING TIME-BOMB: Greece set to run out of cash by MAY pushing Europe into ANOTHER crisis
April 28th, 2016
DEBT-ridden Greece is dangerously close to running out of cash and plunging the eurozone into a fresh crisis. Athens desperately needs £4 BILLION worth of aid from creditors but is refusing to make any further cutbacks to government spending. ...
First-time investors urged to turn to inexpensive ‘robo-advisers’
April 28th, 2016
It appears not many people are into investment in Japan. As of last December, only about 16 percent of Japan’s ¥1.7 quadrillion in personal financial assets was held in stocks, investment trusts or bonds. This is partly due to ...
Lessons from Japan: Decades of Decay, Unavoidable Collapse
April 27th, 2016
Japan has proven that decay can be stretched into decades, but it has yet to prove that gravity can be revoked by central bank monetary games. Japan’s fiscal and monetary extremes are in the news again: this time it’s ...