Search Results for: internet
International Law Firm to accept payment in Bitcoin
August 17th, 2016
The Washington DC-headquartered firm, Steptoe & Johnson LLP, announced last week that it will accept payment in the digital currency known as Bitcoin. Alan Cohn, an of counsel at the firm and former assistant secretary in the Department of Homeland ...
Taiwan To Tax Cross-Border e-Commerce
August 17th, 2016
Given the recent rapid development of cross-border transactions over the internet, Taiwan’s Ministry of Finance (MOF) has disclosed it is formulating plans to tax the operations of multinational enterprises (MNEs) engaged in e-commerce in the country. The MOF is ...
TradeFx fired 80 workers in Israel; Playtech Cyprus Ltd looking to reduce the space planned to rent
August 11th, 2016
Sources inform “Globes” that following a wave of layoffs, Playtech Cyprus Ltd. (LSE:PTEC), managed by CEO Mor Weizer, notified Azrieli Group Ltd. (TASE: AZRG) last week that it was reducing the amount of space it had planned to rent in the new business tower ...
China proposes global tax system at G20
August 10th, 2016
China’s Finance Minister Lou Jiwei proposed development of a new international taxation system at a G20 meeting in Chengdu over the weekend, joining a global movement aimed at stopping companies and individuals from exploiting discrepancies in different countries’ laws ...
Could bitcoin change the game in Africa?
August 4th, 2016
In the wildest of claims, bitcoin – the virtual paperless and stateless currency transacted on the borderless internet – was going to tear apart traditional money transfer companies and help alleviate poverty. Accessing the multibillion-dollar remittance flows to Africa certainly has ...
Court froze $11.7 million of Facebook funds because of a legal case
July 28th, 2016
The public federal prosecutor in the Brazilian state of Amazonas said on Wednesday the court there froze 38 million reais ($11.7 million) of funds held in Facebook Inc’s account for failing to comply with a court order to supply ...
Gibraltar Stock Exchange welcomes BitcoinETI
July 26th, 2016
The Gibraltar Stock Exchange welcomes BitcoinETI (ticker: BTCETI), an asset-backed Exchange Traded Instrument that is invested exclusively in bitcoin, making it the first European regulated product for the leading digital currency. The Bitcoin Exchange Traded Instrument (ETI) was approved for ...
Global Brokers See 109 Million Reasons to Ramp Up in China
July 25th, 2016
Interative Brokers and Saxo among firms laying groundwork QDII2 program to be rolled out at ‘appropriate time’: PBOC Online brokerages from around the world are gearing up for what could be China’s biggest step yet to unleash the nation’s ...
NYC Audit Firm to pay penalty for failing to spot fraud in financial statements of a public company
July 25th, 2016
The Securities and Exchange Commission suspended an accountant for conducting a faulty audit of the financial statements of a public company that was committing fraud, and the firm where he was a partner at the time has been prohibited from ...
Precious Metals Slide on Stronger Dollar Before Fed as Yen Drops
July 25th, 2016
Ringgit falls sixth day to lead Asian currency declines Turkish stocks climb after steepest weekly drop since 2008 The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European ...
