Search Results for: Luxembourg
European banks stashing billions in tax havens
March 27th, 2017
Europe’s largest banks are draining public coffers by stashing billions of profits offshore. A 52-page report, by international aid agency Oxfam out on Monday (27 March), estimates €25 billion of banker money ended up in tax havens in 2015. ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
How powerful is your passport?
March 23rd, 2017
The Henley & Partners Visa Restrictions Index is a global ranking of countries according to the travel freedom that their citizens enjoy. For more than a decade, Henley & Partners has analyzed global visa regulations to present an index ...
The Netherlands and some Nordic countries jail less in Europe
March 21st, 2017
Europe’s prison population falls, but there is no progress in tackling overcrowding, says annual Council of Europe survey The number of people held in European prisons decreased by 6.8% from 2014 to 2015, although prison overcrowding remained a problem ...
Europe Member States: How the salaries per hour changed; in Romania the highest annual increases
March 20th, 2017
Hourly labour costs rose by 1.6% in the euro area (EA19) and by 1.7% in the EU28 in the fourth quarter of 2016, compared with the same quarter of the previous year. In the third quarter of 2016, hourly ...
This shows how unequal is the income among population in European countries
March 16th, 2017
The top 20 % of the population in European countries, those with the highest equivalised disposable income, received 5.2 times as much income as the bottom 20 %. Data extracted in February 2017. Most recent data: Further Eurostat information, ...
Supervisory Authorities around the world warn for unathorised financial services providers
March 16th, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Ireland (Central Bank of Ireland), Spain (Comisión Nacional del Mercado de Valores – CNMV), Luxembourg (Commission de Surveillance du Secteur Financier – CSSF), Hong Kong (Securities and ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
The housing cost in Cyprus, Greece, Romania, Germany and other EU members; an excessive burden
March 9th, 2017
Housing costs – an excessive burden for 11 % of Europeans Costs relating to housing are the main items of expenditure for many European households. In the European context, these expenses include rental or mortgage interest payments but also ...
How digital is your country? The performance of the European countries
March 6th, 2017
The 2017 Digital Economy and Society Index (DESI) shows that the EU is making progress but the gap between top digital players and lower-performing countries is still too wide. More efforts and investments are needed to make the most ...
