Search Results for: taxes
The Rules: Forcing companies to disclose tax strategy risks confidentiality issues
August 13th, 2015
A “legislative requirement” for large businesses to publish their tax strategy could create commercial confidentiality risks In an age where large corporates continue to engage in tax avoidance or aggressive tax planning, compelling businesses to disclose their tax strategies ...
Suez Canal Upgrade May Not Ease Egypt’s Economic Journey
August 7th, 2015
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic songs and music videos — all featuring adoring images of ...
Global Banks report their results
August 4th, 2015
Commerzbank, Deutsche Bank, BNP Paribas, UBS AG, Mitsubishi UFJ Financial Group, Inc. and HSBC issued reports to inform public regarding interim results HSBC Holdings plc HSBC Holdings plc 2015 Interim Results – highlights Financial performance Reported profit before tax ...
Can Turkey compete with France for Iranian market?
August 3rd, 2015
The anticipated removal of sanctions on Iran opens up wide political and economic opportunities for that country’s authorities. A number of European countries are already expressing great interest in Iran’s economy. One of them is France. The visit of ...
Brokers hit the ground running on FATCA compliance
August 3rd, 2015
Training and planning have helped insurance brokers meet new tax reporting regulations for 2015, and compliance is moving into the “another part of doing business” phase. Initial reporting under the Foreign Account Tax Compliance Act, meant to help combat ...
Exchange-Traded Funds (ETF) trading has gone insane
July 31st, 2015
Activity led by SPY, which trades about $24 billion a day for eye-popping turnover of 3,400% Everyone is talking about how exchange-traded funds have now overtaken hedge funds in terms of total assets. That’s small change compared with how much ...
Italy Eyes 24 Percent Corporate Tax Rate
July 31st, 2015
During his speech to the Ambassadors’ Conference at the Italian Ministry of Foreign Affairs on July 27, Premier Matteo Renzi disclosed that one of his objectives is to reduce Italy’s headline corporate tax rate to 24 percent in 2017, ...
Investment Technology Group (ITG) in talks to settle SEC Probe and announces preliminary Second Quarter Earnings
July 30th, 2015
ITG announces Preliminary Second Quarter 2015 Earnings Guidance, including Reserve for Probable SEC Settlement The firm informs that expects its results for the second quarter of 2015 to be a GAAP net loss of $10.2 million, or $0.30 per ...
When Authorities “Own” the Market, The System Breaks Down: Here’s Why
July 28th, 2015
Central planning asset purchases aimed at propping up prices destroy the essential price discovery needed by private investors. Panicked by the possibility of declines that undermine the official narrative that all is well, authorities the world over are purchasing ...
Is it all over for Gold?
July 28th, 2015
With prices at five-year lows, Annabelle Williams asks whether the precious metal is truly hammered The Gold price has been hammered in the last few weeks, leaving the precious metal at the lowest prices for five years. Gold took ...
