Search Results for: Austria
Fiat money quantity update
October 30th, 2015
After a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus the banking system’s reserves and other banking-related liabilities on the ...
Greece turns to USA for Natural Gas
October 29th, 2015
The ever changing dynamic in the Southeast European natural gas sector is seeing a shift in strategy by the Greek government, which is pressing hard for the introduction of prospective supplies of US LNG moving into Europe, via the ...
Bulgaria’s 3 largest foreign investors: Countries
October 29th, 2015
The annual report of the Economic and Trade Affairs of the Greek Embassy in Sofia reveals that Greece was Bulgaria’s third largest foreign investor for 2014. Greeks poured 2.49 billion euros into the neighboring Balkan country in 2014. Only ...
Facebook’s transfer of European Union users’ data to the United States – Court ordered investigation
October 22nd, 2015
Irish court orders investigation of Facebook data transfers to US Ireland’s High Court on Tuesday (20 October) ordered an investigation into Facebook’s transfer of European Union users’ data to the United States, to make sure personal privacy was properly ...
EU countries warn of Volkswagen scandal fallout
October 21st, 2015
Several EU member states including major automaker France will urge Europe’s pollution regulator to thoroughly assess the consequences of the Volkswagen emission scandal, according to a document seen by AFP Monday. “The environmental dimension needs to be clearly assessed ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
Facebook paid £4,327 corporation tax despite £35m staff bonuses
October 12th, 2015
Social networking firm paid average of £210,000 to staff in Britain, but overall loss in UK of £28.5m meant very little corporation tax was due Staff at Facebook’s UK arm took home an average of more than £210,000 last ...
EU Court Says Data-Transfer Pact With U.S. Violates Privacy
October 7th, 2015
Decision will affect about 4,500 companies that move, store personal data The European Union’s highest court on Tuesday struck down a trans-Atlantic pact used by thousands of companies to transfer Europeans’ personal information to the U.S., throwing into jeopardy ...
Euro area annual inflation down to -0.1%
September 30th, 2015
Euro area annual inflation is expected to be -0.1% in September 2015, down from 0.1% in August 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
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 ...
