Search Results for: taxes

Interactive brokers announced 1Q2015 Results

April 22nd, 2015 (0)
Interactive brokers, with a press release on April 21, announced Group results for the Quarter ended March 31. Comprehensive Earnings Per Share of ($0.24) Loss Before Taxes of $111 Million on $172 Million in Net Revenues and Earnings Per ...

Deal appears distant amid deadlock in reform talks

April 17th, 2015 (0)
With negotiations between Greece and its creditors effectively deadlocked, a potential deal that could unlock crucially needed funding appeared more distant than ever on Thursday with doubts appearing about whether an agreement can be reached in time for a ...

OECD Taxing Wages 2015 Report

April 14th, 2015 (0)
Taxes on wages have risen by about one percent for the average worker in OECD countries between 2010 and 2014, even though the majority of governments did not increase statutory income tax rates, according to the Organisation for Economic ...

China’s taxman is coming for Alibaba

April 8th, 2015 (0)
China stands to collect billions of dollars in taxes as Alibaba insiders unload shares held under lock-and-key since the tech firm’s record-breaking market debut last year. Two of the company’s “lock up” agreements have now expired, releasing an additional ...

KPMG tells banks – Slash costs to get back to healthy profits

April 7th, 2015 (0)
Britain’s big banks must slash their bloated cost bases if they are ever to return to sustainable profitability, analysts at KPMG warned today. The largest lenders are all struggling to make steady returns. Despite improvements in profits last year, ...

Playtech forays into FX trading market with $224 million buy

April 2nd, 2015 (0)
Gambling technology company Playtech (PTEC.L) is set to enter the forex trading market after agreeing a deal to buy a majority stake in TradeFX for 208 million euros ($224 million). Playtech provides software used in sports betting and online ...

Chinese shares end mixed after volatile trading session

March 31st, 2015 (0)
Markets in China ended mixed following a volatile trading session on Tuesday in spite of moves by the government to boost its economy. The Shanghai Composite closed down 1% at 3,747.90, while Hong Kong’s Hang Seng index rose 0.2% to 24,900.89. ...

Swiss Private Bank BSI SA Admits Aiding U.S. Tax Cheats, Will Pay $211 Million

March 31st, 2015 (0)
In a deal with U.S. prosecutors, Swiss private bank BSI SA agreed today to pay a $211 million penalty and hand over leads on more than 3,000 accounts with U.S. ties, as well as the actual names of an ...

Yanis Varoufakis calls for end to ‘toxic blame game’

March 30th, 2015 (0)
Yanis Varoufakis has called for an end to the “toxic blame game” between Greece and Germany. The finance minister made the call as Greece prepares to finalise its list of economic reforms to present to its international creditors. The ...

Should Individual Tax Returns Be Public Information?

March 30th, 2015 (0)
My guess is that if you asked Americans if their income taxes should be public information, the answers would mostly run the spectrum from “absolutely not” to “hell, no.” But the idea that tax returns should be confidential and ...
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