Search Results for: taxes
BVI hires second attorney to stay off EU’s blacklist
November 8th, 2018
The Government of the British Virgin Islands (BVI) has hired another attorney from the UK to draft legislation intended to keep the territory off the European Union’s blacklist of tax haven jurisdictions. The government will not be incurring any ...
Victims of €20m French-Israeli ads scam to get some money back, not from Israel
November 7th, 2018
Seven years after French law enforcement began receiving complaints about a sophisticated advertising scam operated from France and Israel, hundreds of victims of the 20 million euro ($17.5 million) fraud are being notified by the French authorities that they ...
We should ditch GDP as a measure of economic activity
October 10th, 2018
This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An ...
European Commission released VAT Gap Frequently asked questions
September 27th, 2018
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount actually collected. VAT Gap: Frequently asked questions What is VAT? ...
Positions, problems and prospects of EU ‘digital tax’ proposal
September 14th, 2018
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such as Apple, Facebook and Google – yet the political battle ...
Virtual currency may be next tax haven, European Parliament warns
September 11th, 2018
Virtual currencies could become a new “virtual tax haven,” posing a major risk for governments, according to a report released amid an EU finance ministers meeting on the topic. The European Parliament report warned virtual currency poses a “direct ...
European stocks finished deep in the red; The biggest losers in Europe
September 5th, 2018
European stocks finished Tuesday deep in the red, amid fears of a crisis in emerging markets and trade tensions between the U.S. and major economies. The pan-European Stoxx 600 slipped to a two-month low during trade, finishing the session ...
Russian Police seize 22 Cryptocurrency ATMs
September 4th, 2018
Russian police have recently seized cryptocurrency ATM machines under orders from the country’s central bank. According to local publication RBC, the ATM developer impacted by the seizure plans to appeal the action, and has incurred economic damage and costs ...
UK Banks advocate Brexit deal on financial services
August 23rd, 2018
Several UK financial services enterprises have urged the government to strike a deal with the EU allowing British banks, insurers, and wealth managers to do business on the continent free of any possible restrictions. Kristian Rouz — The British ...
Hard Brexit would bring VAT sign-up headache for EU sellers
August 20th, 2018
European Union-based vendors who use platforms like eBay Inc. and Amazon.com Inc. to sell goods into the U.K. face a compliance headache in the event of a hard Brexit, as they would need to register for value-added tax. A ...
