Search Results for: digital tax
China Cut Tariffs On January 1
January 4th, 2017
China introduced import and export duty changes from January 1 to boost innovation-driven development and put the country’s tariff structure “more in line with the needs of international trade development.” The changes are said to be to encourage imports ...
Drifting into fascism
December 30th, 2016
Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because ...
BDO reports Global revenues rise to US$7.6 billion
December 15th, 2016
FY16 global revenues up by 8% High number of strategic mergers – over 30 network-wide Commitment to digital transformation delivering leading-edge services to clients Growth spearheaded by BDO firms in US (+12%) and China (+13%) Long-term investment in ...
KPMG, Deloitte and EY turn into one-stop legal shops
December 9th, 2016
Legal practices in the big four accounting firms are gaining traction with a doubling in team sizes and a number of high-profile recruits as clients look for a one-stop shop. KPMG Law partner in charge David Morris said the ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
The economic consequences of Mr Modi
November 26th, 2016
Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these notes will have no redemption value. ...
CMC reports Net operating income down 4%
November 23rd, 2016
For the six months ended £ million (unless otherwise stated) 30 September 2016 30 September 2015 Change Net operating income 75.5 78.9 (4%) Profit before tax 18.8 26.5 (29%) Earnings per share (pence) 5.1 7.2 (29%) Number of trades ...
Swissquote expecting earnings of CHF 150 million for 2016
November 23rd, 2016
Swissquote will not be able to meet its 2016 growth target of 10% In spite of solid growth in its client base (+2.33) and assets under custody (+CHF 1 billion) over the first four months of H2 2016 (July ...
Malta To Push EU VAT Reform As EU President
November 9th, 2016
Malta will take forward the EU’s proposals on VAT reform when it assumes the Presidency of the Council of the EU in January 2017, the territory’s Minister of Finance, Edward Scicluna, told a recent conference. Under the EU’s VAT ...
The Government of Jersey tightens Beneficial Ownership
November 8th, 2016
The Government of Jersey has released a policy document detailing an enhanced policy on Beneficial Ownership and a Register of Directors. Further to a public consultation earlier in 2016, the policy document details the further development of a domestic policy ...
