Search Results for: Luxembourg
European Commission is pursuing legal action against 7 Member States
December 9th, 2016
European Commission is pursuing legal action against 7 Member States for violating car emissions legislation The European Commission is today acting against 7 Member States on the grounds that they have failed to fulfil their obligations under EU vehicle ...
McDonald’s Is Moving Its International Tax Base to the U.K. Amid EU Scrutiny
December 9th, 2016
It has come under growing scrutiny from EU regulators over its tax arrangements in Luxembourg. McDonald‘s said on Thursday it would move its international tax base to the United Kingdom from Luxembourg after coming under increased scrutiny from European ...
Singapore imposed millions penalty to foreign banks branches
December 5th, 2016
The Monetary Authority of Singapore (MAS) announced today that it has imposed financial penalties of S$5.2 million and S$2.4 million respectively on Standard Chartered Bank, Singapore Branch (SCB) and Coutts & Co Ltd, Singapore Branch (Coutts) for breaches of ...
Brexit supreme court appeal begins
December 5th, 2016
Senior judges prepare to hear Brexit supreme court appeal Four-day hearing on whether parliament or government has right to trigger article 50 will be broadcast live All 11 of the UK’s most senior judges will take their seats on ...
EU VAT Rates Stabilizing, Ending Upward Trend
November 17th, 2016
Just one EU member state has increased its headline VAT rate since 2014, indicating that states are no longer looking to VAT to fund other growth-friendly reforms, as had been seen in previous years. The EU said in its ...
The world’s biggest bitcoin wallet provider will have a record month thanks to Trump
November 14th, 2016
The world’s biggest bitcoin wallet provider will “pretty easily” have its biggest ever month for activity in November, following a surge in use after Donald Trump’s shock election victory in the US. Peter Smith, the cofounder and CEO of ...
Euro zone house prices keep rising but no bubble yet – ECB
November 3rd, 2016
The euro zone housing market is on its best run since the global financial crisis but prices on average are still only in line with fundamentals with no sign of a bubble last seen in 2007, the European Central ...
GDP in European Union rose by 0.4%
October 31st, 2016
Preliminary flash estimate for the third quarter of 2016 GDP up by 0.3% in the euro area and by 0.4% in the EU28 +1.6% and +1.8% respectively compared with the third quarter of 2015 Seasonally adjusted GDP rose by ...
Britain’s future outside of the EU drives hundreds of British lawyers to register in Ireland
October 20th, 2016
With Britain’s future outside of the EU still far from certain, the latest figures reveal that more than 700 British solicitors have now registered to practice in the Republic of Ireland. The precautionary investment, which costs around £300, is ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
