Search Results for: European countries
Modernising VAT for cross-border e-commerce: Commission launches public consultation
September 29th, 2015
The European Commission has launched a public consultation to help identify ways to simplify the Value-Added Tax (VAT) payments on cross-border e-commerce transactions in the EU. The Commission is seeking to receive a wide range of views from business owners and ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
RAK, UAE, and traditional tax havens
September 25th, 2015
What is the difference between the United Arab Emirates (UAE) and other popular tax havens? Why more and more international traders and investors find the UAE to be one of the best places to incorporate offshore companies for various ...
Czech Republic Says EU Action Needed On VAT Gap
September 24th, 2015
The Czech Finance Minister and First Deputy Prime Minister, Andrej Babis, has urged the European Commission to consider VAT reform in response to poor collection rates. A report recently published by the Commission showed that EU countries lost EUR168bn ...
Methods of Tax Avoidance: Doubts Grow Over Fight Against Big Business Tax Evasion
September 24th, 2015
Lawmakers in the European Union say they have doubts that the fight against “aggressive” tax saving plans by the likes of Amazon, Barclays, Coca Cola, Facebook and Google can be sustained because of a lack of political agreement. The ...
Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications
September 16th, 2015
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers. Three ...
Thomson Reuters: Interview with Vítor Constâncio, Vice-President of the ECB
September 16th, 2015
Interview with Vítor Constâncio, Vice-President of the ECB, conducted by Paul Ingrassia, Balazs Koranyi and John O’Donnell on 14 September Is quantitative easing working? It is working and effective in many ways. The ultimate metric to assess success is the ...
Google Found Guilty of ‘Abusing Dominant Market Position’ in Russia
September 15th, 2015
Russian antitrust agency will have 10 business days to issue its ruling on the case in full Google Inc. has been found guilty in a rapid Russian antitrust probe, a spokesperson for the country’s antitrust regulator told The Wall Street Journal. ...
EY reports 2015 global revenues up by 11.6%
September 15th, 2015
Fastest growth since 2008 with revenues up by 11.6% in local currency Growth across all four service lines and four geographic areas Emerging market practices’ revenue up by 12.3% Developed markets’ growth led by the US, UK, Germany, Australia ...
Why Vladimir Putin Won’t Be Helping OPEC to Cut Oil Production
September 11th, 2015
Past attempts at cooperation proved `dismal and disappointing’ Siberian winter makes it difficult to be swing oil producer Few things have more potential to spook the oil market than the prospect of Russia joining forces with OPEC. Speculation that such ...
