Search Results for: tax
JPMorgan reaped $150 million dividend from Henry Bath before sale: filing
September 25th, 2015
JPMorgan Chase & Co reaped a $150 million dividend from its metals storage business Henry Bath & Son before selling its physical commodities business last October, as the firm reported its first loss in over a decade, a filing ...
Guernsey Funds Sector Contracts
September 24th, 2015
The net asset value of total funds under management and administration in Guernsey decreased in sterling terms over the quarter ended June 30, 2015, by one percent to GBP219.9bn (USD336.57bn). For the year since June 30, 2014, total net ...
Czech Republic Says EU Action Needed On VAT Gap
September 24th, 2015
The Czech Finance Minister and First Deputy Prime Minister, Andrej Babis, has urged the European Commission to consider VAT reform in response to poor collection rates. A report recently published by the Commission showed that EU countries lost EUR168bn ...
Greek Banks Said to Face Recapitalization at Top of Range
September 24th, 2015
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...
Financial Independence via Self-Employment: How Do We Do It?
September 23rd, 2015
Financial independence via self-employemnt is still possible, and there are a number of pathways to that goal. The conventional financial industry touts gaining financial independence by playing Wall Street’s game: working a conventional job for decades to accumulate a ...
Bailout reforms Greece must take by end-2015
September 23rd, 2015
Greece‘s leftist government will have to move fast to agree a new set of reforms to unlock a new tranche of aid under its 86 billion euro bailout deal. Prime Minister Alexis Tsipras wants a positive review that will ...
Greece’s turbulent year
September 21st, 2015
Greece’s Alexis Tsipras has said his left-wing Syriza party has a “clear mandate” after winning a second general election in less than nine months. But he said Greeks faced a difficult road and recovery from financial crisis would only ...
Gold remains money
September 18th, 2015
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our ...
Russian Firm Plans Local Version of Bitcoin Digital Currency
September 18th, 2015
A leading Russian payment services provider is developing the country’s first virtual currency — the bitruble. If the company, Qiwi, can overcome resistance from Russia’s financial authorities — which fear that cryptocurrencies could be used to launder money and ...
Yet Another Election? Weary Greeks See Little Gain From Vote
September 17th, 2015
Greeks head to their third ballot in less than a year Greek voters say nothing is going to change for them Like many Greeks, Christi Psarra has no illusions about what the country’s third vote in less than ...
