Search Results for: Tax
The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst
September 7th, 2016
Do you remember the subprime mortgage meltdown from the last financial crisis? Well, this time around we are facing a subprime auto loan meltdown. In recent years, auto lenders have become more and more aggressive, and they have been ...
G20 summit concludes with historic consensus on world growth
September 6th, 2016
The 11th summit of the Group of 20 (G20) major economies concluded in Hangzhou on Monday, reaching extensive consensus on pursuing innovative, invigorated, interconnected and inclusive world economic growth. “Held at a critical time for world economic growth and ...
HKMA embraces FinTech as it burnishes Hong Kong’s brand to compete as Asia’s financial hub
September 6th, 2016
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo ...
Plus500 reports record half year revenues and profits
September 5th, 2016
Plus500 Ltd has issued today a report to inform in relation to the Interim Results for the six months ended 30 June 2016. Financial Highlights: Operational Highlights: Record first half results: – Continued growth in Active Customers4 – increased ...
Israel puts FATCA temporary on hold; Other countries may rethink
September 5th, 2016
Israeli High Court’s FATCA Injunction Must Make Other Countries Rethink America’s Imperialistic Law The Israeli High Court’s temporary injunction against the enforcement of America’s highly controversial global tax law “should serve as a wake-up call for other countries to ...
13 Percent VAT Confirmed For Egypt
September 2nd, 2016
Egyptian lawmakers have agreed to the introduction of a value-added tax regime with a 13 percent headline rate from the 2016/17 fiscal year. The rate is to rise to 14 percent from 2017/18. In May, Egypt’s Finance Minister disclosed ...
Paysafe acquires affiliate technology provider Income Access
September 1st, 2016
Paysafe (LSE: PAYS.L, “Paysafe” or the “Group”), a leading global provider of payment solutions, announces today that it is expanding its product capabilities by acquiring Income Access Group (“Income Access”), a pioneering affiliate technology business for a cash consideration ...
Cheers! Lawyers net £200m from SABMiller deal
September 1st, 2016
Law firms will bank almost £200m from advising on the third-largest corporate takeover ever – brewer SABMiller’s £79bn acquisition by Budweiser owner Anheuser-Busch InBev. In total, the two companies will pay an astonishing $2bn in fees and taxes to ...
World leaders ousted for legal reasons
September 1st, 2016
Brazil’s Dilma Rousseff became the latest political leader ousted for legal reasons after the Senate voted for her impeachment Wednesday. Rousseff joins a gallery of former leaders forced to stand down either through formal impeachment proceedings or forced to ...
Guernsey Proposes New Fintech Regulation
August 31st, 2016
Guernsey has proposed new rules and guidance relating to consumer credit and innovative financial service businesses, including those in the “Fintech” space. The revisions to the island’s financial regulatory framework are intended to promote growth, while protecting the interests ...
