Search Results for: taxes
The honeymoon is over: Wall Street is finally taking Trump literally
February 2nd, 2017
By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, -0.16% this week wasn’t earth shattering: 1% gains and losses happen all the time. But the clattering sound accompanying it wasn’t hard to diagnose: It was the ...
IBM gives Watson a new challenge: Your tax return
February 2nd, 2017
In its first steps toward commercialization, IBM’s Watson took on grand, science-laden challenges like helping doctors diagnose cancer. But that is changing as IBM strives to build its artificial intelligence technology into a multibillion-dollar business. Today, companies including Geico, ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
PayPal reports Q4 revenue increased 17% to $2.981 billion
January 27th, 2017
Global technology platform and digital payments leader PayPal Holdings, Inc. (Nasdaq:PYPL) today announced fourth quarter and full year results for the period ended December 31, 2016. Throughout 2016, PayPal deepened engagement on its platform, advanced its commitment to customer ...
Shop owners in Conegliano Italy have been paying a local tax on shadow
January 20th, 2017
Shopkeepers in town in Veneto whose signs block light on public walkways are refusing to pay levy of €100 a year Goethe once wrote that where there is much light, there is also strong shadow. But for shop owners ...
Jakarta threatens Google with legal action in tax case
January 17th, 2017
The tax authority in Indonesian capital Jakarta threatened Google with legal action for failing to hand over transaction data for an investigation into a case alleging the internet giant avoided paying millions of dollars in taxes. Muhammad Haniv, head ...
Dollar slumps after Trump offers no details on economic policies
January 12th, 2017
The dollar skidded on Thursday, moving back toward one-month lows against the perceived safe-haven yen, after President-elect Donald Trump’s highly-awaited news conference failed to offer details on his promises to boost fiscal spending and cut taxes. Trump, who takes ...
Malta accused of being tax haven as it takes EU presidency
January 11th, 2017
Country helped multinationals avoid paying more than £12bn in taxes from 2012 to 2015, says report from Green MEPs Malta has been accused of being a tax haven, just as it takes the helm of the European Union in ...
Smoking costs the world’s economies over $1 trillion every year
January 10th, 2017
Policies to control tobacco use, including tobacco tax and price increases, can generate significant government revenues for health and development work, according to a new landmark global report from WHO and the National Cancer Institute of the United States ...
Italy introduces new tax system to attract high net worth individuals
January 9th, 2017
Italy has introduced a new territorial system of taxation for ‘newly resident’ individuals, with the aim of attracting high net worth individuals (HNWIs), including sportspeople and celebrities, who could be interested in relocating The new measure is contained in ...
