Search Results for: tax
Temenos Q3 2015 results reflect outstanding quarter
October 23rd, 2015
Temenos Group AG (SIX: TEMN), the market leading provider of mission-critical software to financial institutions globally, today reports its third quarter 2015 results. The definition of non-IFRS adjustments is below with a full reconciliation of IFRS to non-IFRS results ...
Grant Thornton delivers £521m UK fee income
October 23rd, 2015
Grant Thornton has reported a 1.6% year-on-year uplift in its revenue for the financial year ending 30 June 2015 to £521m. The result, which delivered profit before tax of £82m and distributable profit per partner of £398,000 – up 3.4%, ...
FactSet Completes Acquisition Of Execution Management System (EMS) Provider Portware
October 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, today announced that following regulatory approval, it has completed its acquisition of all the issued and outstanding membership ...
European Court of Justice: Bitcoin is a currency and exchanges are VAT-exempt
October 22nd, 2015
The European Court of Justice (ECJ) has ruled that bitcoin exchange transactions should be exempt from VAT. The ECJ ruling stated that bitcoin transactions “are exempt from VAT under the provision concerning transactions relating to currency, bank notes and ...
Saudi Arabia warned financial assets may be drained within five years
October 22nd, 2015
The IMF has warned that regional economies could burn through their financial buffers within five years as they face a $700 billion deficit. The fund lowered its projection for Gulf growth to 3.3 per cent this year, down from ...
Greece, lenders start talks on reform compliance
October 22nd, 2015
Greece and its international lenders started talks on Wednesday to assess the country’s compliance with terms of an 86 billion euro bailout, as dissent stirred over tax hikes and pension reforms. Team leaders from three European institutions and the ...
Cetera Financial on the block?
October 21st, 2015
RCS Capital said to be seeking at least $700M for brokerage group it bought last year for about $1.2B RCS Capital Corp., the struggling brokerage group cobbled together by real estate developer Nicholas Schorsch, is exploring a sale of ...
Interactive Brokers reports Earnings for 3Q 2015
October 21st, 2015
Interactive Brokers Group, Inc. an automated global electronic broker and market maker has issued a press release to announce on its Group results for the quarter ended September 30, 2015. The Company reported diluted earnings per share on a ...
US, EU open free-trade talks in Miami
October 20th, 2015
Senior negotiators on a huge transatlantic trade treaty opened new talks in Miami Monday aiming to close some differences on key issues between the United States and the European Union. The 11th round of talks on the Transatlantic Trade ...
HMRC updates PAYE late payment and penalties guidance
October 20th, 2015
HMRC has update the guidance on what payroll information to report to HMRC in the Full Payment Submission (FPS) and Employer Payment Summary (EPS) for PAYE payments, which include changes to late reporting guidance The guidance states that a ...