Search Results for: VAT
Methods of Tax Avoidance: Doubts Grow Over Fight Against Big Business Tax Evasion
September 24th, 2015
Lawmakers in the European Union say they have doubts that the fight against “aggressive” tax saving plans by the likes of Amazon, Barclays, Coca Cola, Facebook and Google can be sustained because of a lack of political agreement. The ...
ASIC reports on Australian Financial Services and other licensing activity
September 24th, 2015
The Australian Securities & Investment Commission has issued today its second report in relation on its approach to license activity and applications. Report 448 Overview of licensing and professional registration applications: January to June 2015 (REP 448) sets out ...
Volkswagen bigger risk for Germany than Greek crisis
September 24th, 2015
Volkswagen could pose bigger threat to German economy than Greek crisis The Volkswagen (VOWG_p.DE) emissions scandal has rocked Germany‘s business and political establishment and analysts warn the crisis at the car maker could develop into the biggest threat to ...
Asian shares mixed, with Nikkei at 2-week lows
September 24th, 2015
Asian shares traded mixed on Thursday, with Japan’s Nikkei 225 index lagging behind its regional peers after returning from a three-day national holiday earlier in the week. The triple whammy of an uninspiring lead from Wall Street overnight, a modestly stronger yen and ...
Bailout reforms Greece must take by end-2015
September 23rd, 2015
Greece‘s leftist government will have to move fast to agree a new set of reforms to unlock a new tranche of aid under its 86 billion euro bailout deal. Prime Minister Alexis Tsipras wants a positive review that will ...
Oil nears $50 as U.S. stock-draw balances China data
September 23rd, 2015
Brent crude oil rose towards $50 a barrel on Wednesday as a drawdown in U.S. crude oil stocks outweighed the negative impact of weak economic manufacturing data from China. The American Petroleum Institute (API) said U.S. crude stockpiles fell ...
FactSet Acquires Portware, Execution Management System (EMS) Provider
September 23rd, 2015
FactSet Research Systems Inc. (NYSE:FDS) (NASDAQ:FDS), a leading provider of integrated financial information and analytical applications to the global investment community, announced that it has agreed to acquire all the issued and outstanding membership interests of Portware, LLC (www.portware.com) for cash consideration ...
China Said to Suspect Citic of Insider Trading During Rescue
September 23rd, 2015
Preliminary probe said to find evidence of insider trading Citic says it hasn’t been notified on nature of investigation A Chinese probe found evidence that Citic Securities Co., the nation’s biggest brokerage, engaged in insider trading connected to the government’s ...
Asian stocks extend losses on weak China PMI survey; dollar strong
September 23rd, 2015
Asian stocks fell on Wednesday as fears of an entrenched global economic slowdown gripped investors, underlined by a weak factory survey from China, while the greenback firmed as investors fled to relatively safe-haven assets. MSCI’s broadest index of Asia-Pacific ...
Ultra-low Interest Rates: Dangerous or Just a Price?
September 22nd, 2015
Two recent reports start by observing that long-term interest rates have been at extraordinarily rock-bottom levels for several years now. But from that common starting point, the analysis of the reports heads in different directions. The Council of Economic ...
