Search Results for: EU
Is the EU ready for a Common Consolidated Corporate Tax Base?
June 12th, 2018
In 2011, an ambitious Common Consolidated Corporate Tax Base (CCCTB) directive was proposed by the European Commission. It sought to harmonise the 28 different corporate tax codes of the Member States into one set of rules while retaining the ...
On 20 June is the biggest vote on potential change to copyright law in Europe
June 11th, 2018
On 20 June, Parliament’s legal affairs committee will vote on the biggest potential change to copyright law in Europe in the last 30 years. The European Commission made the initial proposal two years ago and at its heart were ...
The Gently Rotting Debt-Ridden EU
June 8th, 2018
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principal is the state is superior to its people. A system of government ...
Deutsche Bank explores merger with Commerzbank: reports
June 8th, 2018
Deutsche Bank AG’s Chairman Paul Achleitner is considering a merger with rival Commerzbank AG and is speaking with top investors and government officials about the potential tie-up, Bloomberg reported late Thursday. Sources told the news outlet there have been ...
Global stocks rally extends in Asia; The Euro and Japanese Yen rose
June 7th, 2018
A global stocks rally extended its run in Asia Thursday on confidence the global economic expansion remains intact and continuing momentum in U.S. technology shares. Treasuries held losses, with 10-year yields just under 3 percent. Equities gained from Tokyo ...
Scandinavians split Europe on digital tax plan
June 6th, 2018
“A digital services tax deviates from fundamental principles of income taxation by applying the tax on gross income, i.e. without regard to whether the taxpayer is making a profit or not,” Swedish Finance Minister Magdalena Andersson, and the finance ...
Asian stocks rose on Wednesday, S&P 500 dipped, Euro gained
June 6th, 2018
Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. MSCI’s broadest index of ...
Facebook and Google accused of violating GDPR on first day of the new European Privacy Law
June 6th, 2018
When Mark Zuckerberg testified in front of members of the European Parliament, he insisted that Facebook was ready for Friday, the day when the European Unions’s strict new data privacy law went into effect. But users in Europe have ...
Société Générale to pay millions for LIBOR and Euribor manipulation charges
June 5th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for ...
Breaking: The Cyprus Regulator clarifies about the ESMA CFDs and Binary Options measures in regards non EU residents
June 4th, 2018
Further to a number of queries received, the Cyprus Securities and Exchange Commission (CySEC) has issued today a Circular to inform on whether the ESMA product intervention measures about Contracts For Difference (CFDs) and Binary Options would also apply in ...
