Search Results for: Tax
EY promotes 714 new partners worldwide
July 6th, 2016
Promotions reflect continued growth at EY 35% of partners from emerging markets and women represent nearly 30% EY announces that 714 people globally have been promoted to partner. This year’s new partner class includes a record percentage of partners ...
European Council approves VAT rules on vouchers
July 5th, 2016
On 27 June 2016, the Council adopted a directive aimed at increasing legal certainty for transactions involving vouchers by harmonising national VAT rules in this area. The directive sets out to reduce the risk of mismatches in national tax rules leading to ...
Singapore leads Hong Kong in race to be Asia’s fintech hub
July 5th, 2016
Singapore has pushed ahead of regional rival Hong Kong in the race to emerge as Asia’s financial technology (fintech) hotspot. State funding, light-touch regulation and a recent move to allow start-ups to test financial products in a controlled environment have ...
EU VAT group reassures e-traders on Brexit vote
July 5th, 2016
The trend of having to pay VAT where the customer rather than the seller is located is “not going to go away,” although a scheme in Britain that makes doing so simpler might. Lobby group EU VAT Action issued this alert to the ...
Brexit isn’t the most serious threat to the EU — the euro is
July 4th, 2016
Brexit isn’t the most serious threat to the EU — the euro is One surprising thing about Britain’s vote to leave the EU is that Britain’s economy has been doing better than a lot of European countries. Unemployment in ...
EU To UK: No Free Trade A La Carte
July 4th, 2016
“There will be no single market ‘á la carte'” for the UK when it leaves the European Union (EU), according to Donald Tusk, President of the European Council. Tusk made the comment after an informal meeting on June 29 ...
Russian Oil Exports Set for Record as Europe Competition Grows
July 4th, 2016
Exports rose 4.9% in six months to 5.55 million barrels a day Iran also boosts supplied to region after sanctions lifted Russian crude exports are on track to set a record this year, which is intensifying competition in Europe ...
UK landlords have increased rents by 3.5 percent
July 1st, 2016
UK landlords have increased rents by 3.5 percent in the last year, as tax hikes begin to bite, lender Kent Reliance has said. According to a new Kent Reliance survey, the average monthly rent is now GBP872 (USD1,245). Four ...
Bats Global Markets Successfully Completes Debt Refinancing Transaction
July 1st, 2016
Bats Global Markets, Inc. (Bats: BATS), a leading global operator of exchanges and services for financial markets, today announced the refinancing of the company’s outstanding $656 million of term loans and $100 million revolving credit facility (collectively, the “Existing ...
Former PwC employees found guilty in Luxleaks trial
July 1st, 2016
Two former PwC employees at the centre of the so called ‘Luxleaks’ tax scandal have been found guilty and handed suspended sentences. Antoine Deltour, a former auditor for the Big Four firm and ex-employee Raphael Halet received 12 and ...
