Search Results for: VAT
Tax Administration new report compares performance, best practices and trends in 56 tax administrations
August 17th, 2015
Tax administrations continue to face the challenges of improving their performance while reducing costs, decreasing compliance burdens for taxpayers tackling non-compliance. Improving taxpayer services, while making non-compliance harder, is helping revenue bodies increase their efficiency and allowing governments to ...
SIX opens FinTech Incubator “F10”
August 17th, 2015
FinTech Incubator “F10” is the innovation center of SIX. It is home to small interdisciplinary teams who develop promising ideas and evaluate their potential for the financial industry. In collaboration with FinTech start-ups, the team, based at Förrlibuckstrasse 10, is setting ...
Tax change is necessary to diversify UAE’s economy
August 14th, 2015
Step by step, the UAE is moving closer to implementing two laws that will change how the economy functions and how the country is perceived abroad. The first is a uniform corporate tax, which would apply to both domestic ...
Thomson Reuters increases Matching venue market data frequency for selected currency pairs
August 14th, 2015
Increased frequency will enhance price discovery for clients in key currencies, and increase precision in US dollar-euro trading Thomson Reuters today announced a program of increases in the frequency of data updates in selected currency pairs for customers accessing ...
Samsung Pay lines up card schemes and banks for launch
August 14th, 2015
Samsung will introduce its mobile payments service in South Korea later this month, with Visa, MasterCard and several major banks onboard for a US launch in September. The handset manufacturer confirmed at an event to unveil the Galaxy S6 ...
Greece to get 6 billion euros in bridge loans if no agreement at Eurogroup
August 14th, 2015
Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission proposal for ...
Egypt faces taxing challenge amid its inaction on cutting fiscal deficit
August 13th, 2015
Egypt’s government in the coming months faces one of its biggest economic challenges since it came to power a year ago: the implementation of the long-planned value-added tax (VAT). The VAT promises to be hugely unpopular among businesses, which ...
Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore
August 13th, 2015
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting better with age. The “bad-bank” unit of Citigroup Inc., Citi Holdings for more ...
Asia’s first Trading-Atrium announces prime of prime FX liquidity pool market access capability
August 13th, 2015
Blackwell Global and Neo & Partners Global collaborate to establish Prime of Prime (Pop) services within the Trading-Atrium. Neo & Partners Global (NPG), the provider of smart electronic trading solutions and creator of Asia’s first Trading-Atrium, has announced a ...
Bitcoin’s Dark Side Could Get Darker
August 13th, 2015
Investors see riches in a cryptography-enabled technology called smart contracts–but it could also offer much to criminals. Some of the earliest adopters of the digital currency Bitcoin were criminals, who have found it invaluable in online marketplaces for contraband ...
