Search Results for: tax
Central Europe’s manufacturers maintain momentum despite German slowdown
April 1st, 2016
Central European manufacturing continued to grow in March as a jump in Polish factory activity managed to offset slower growth from Germany, the region’s main trade partner. The former communist countries of the European Union’s eastern wing rely on ...
HM Revenue & Customs continues quest to develop digital presence by ditching IT contract that cost it £10bn
March 31st, 2016
The UK’s tax authority made another move in its mission to go fully digital today by dropping an IT contract worth £10bn. HM Revenue and Customs (HMRC) has agreed a phased exit from a contract with IT suppliers Aspire ...
How PwC is Finding and Hiring External Talent
March 31st, 2016
How PwC and The Washington Post Are Finding and Hiring External Talent Corporations across the globe are increasing their use of external talent. In the U.S. alone, companies are engaging roughly 6.4 million independent contractors, freelancers, and other types ...
FRC to publish HBOS findings in the Spring
March 31st, 2016
Britain’s accounting watchdog aims to publish a full report in coming weeks into how banking group HBOS was audited by KPMG before the lender collapsed in 2008 during the financial crisis. The Financial Reporting Council (FRC) has come ...
Iranian Miniskirts, Bags of Cash Raise Doubts Over Controls at HSBC
March 30th, 2016
Monitor finds lapses in bank’s efforts to prevent money laundering and evasion of sanctions following 2012 settlement with Justice Department The monitor overseeing HSBC’s compliance with a landmark anti-money-laundering settlement has uncovered a range of potential lapses including loans ...
India to OPEC: We’ll take that extra oil you’re pumping
March 30th, 2016
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on foreign imports. India also lacks a strategic petroleum reserve, or ...
While global response to BEPS is cautious, Europe is increasingly leading the drive toward implementation
March 29th, 2016
Despite recent moves to formalize global tax reform, many jurisdictions are in fact reducing corporate income tax burden and rates While Europe leads BEPS implementation, most jurisdictions are yet to respond 69% cite new transparency requirements as key implementation ...
Financial Policy Committee statement from its policy meeting, 23 March 2016
March 29th, 2016
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system. In doing so, its aim is to ...
Egypt targets higher growth, deficit reduction in new government program
March 29th, 2016
Egypt promised tough action to restore growth on Sunday with a government program that aimed to reduce the budget deficit while protecting the poor as public anger mounts over a deteriorating economy. Prime Minister Sherif Ismail, reading out a ...
Asian shares slump as Yellen speech awaited
March 29th, 2016
Asian shares struggled to find their footing on Tuesday and the dollar clawed back ground lost after downbeat U.S. economic data contributed to an uninspiring session on Wall Street. European equities were expected to open around 0.5 percent higher ...
