Search Results for: Tax
Fintech in the Middle East and North Africa is booming
April 20th, 2017
Fintech startups in the Middle East and North Africa have raised $100-million over the last decade, yet 28% fail in their initial years, says a new report by business support organisation Wamda and online payment gateway Payfort. Released last ...
International law firm to launch its third international office in Madrid
April 20th, 2017
International law firm Pinsent Masons has announced plans to launch its third international office in less than 12 months, with a Madrid presence expected to open in May. The firm has brought together a team of six partners to ...
Interactive Brokers reports net revenues of $374 million for 1Q2017
April 19th, 2017
Reports comprehensive earnings per share of $0.40, Income before taxes of $213 million on $374 million in net revenues, And earnings per share on net income of $0.34. Declares Quarterly Dividend of $0.10 per share. Interactive Brokers Group, Inc. ...
Italian judge banned Uber from Italy
April 14th, 2017
The ride-hailing company Uber is no stranger to controversy and regulatory issues. The latest of these roadblocks now comes from Italy, as the European country decided on April 7 to ban Uber’s service nationwide. The ban came as a ...
Luxleaks whistleblower to contest appeal sentence
April 12th, 2017
The man who revealed the Luxleaks scandal, Antoine Deltour, has said he will contest the sentence handed to him last month at the Court of Appeal in Luxembourg. “I don’t think this decision is characteristic of a fair decision ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
Facebook will start paying 18 percent VAT in Russia
April 11th, 2017
Social media giant Facebook has joined the list of IT firms registered with Russia’s Federal Tax Service as a foreign company selling electronic content in Russia. Beginning April 25, the California-based company will start paying 18 percent value added ...
Mazars published UK consolidated financial statements for 2016
April 10th, 2017
International accountancy and advisory firm Mazars has now published its UK consolidated financial statements for the year ended 31 August 2016. The firm’s overall fee income increased from £149 million to £160 million, representing 7% growth. This is the ...
HMRC launch criminal investigation into global financial institution
April 7th, 2017
HMRC, alongside our international partners, launched an investigation for suspected tax evasion and money laundering by a global financial institution. HM Revenue and Customs is getting increasingly tougher on offshore tax evasion, collecting more than £2.7 billion since 2010. Yesterday, ...
Dollar slips vs yen after U.S. launches missile strikes on Syria
April 7th, 2017
The dollar skidded against the safe-haven Japanese yen on Friday after the United States launched cruise missiles at an airbase in Syria, raising concerns of a sharp escalation in the Syrian civil war. U.S President Donald Trump said on ...
