Worldwide tax system
How is taxation shaping the green agenda?
Society How is taxation shaping the green agenda? Monday 06 December 2021 Concept of carbon tax with industrial plant. PHOTO FILE | NMG By HADIJAH NANNYOMOMore from this author Summary Kenya and other states in the East African Community have over the years adopted tax policy initiatives to control the use of certain products that …
MARVELL TECHNOLOGY, INC. Management’s Discussion and Analysis of the Financial Position and Results of Operations (Form 10-Q)
This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are subject to the “safe harbor” created by those sections. These statements involve …
SEC Chairman Gary Gensler: Bitcoin competes with the US banking system
Bitcoin is an “off-grid” alternative to the traditional financial system, said SEC Chairman Gary Gensler. Gensler joined former SEC Chairman Jay Clayton on Wednesday to discuss Bitcoin, cryptocurrency and ETFs. Issuers should “step into investor protection” to launch a US spot BTC ETF, Gensler said. Bitcoin is a competitor to the U.S. banking system and …
Growth fund lands new vertical commercial farm in Alberta
CALGARY, Alta., Nov. 29, 2021 (GLOBE NEWSWIRE) – Canada’s largest commercial vertical farmer, GoodLeaf Farms, expands operations in Calgary with a boost from the government’s Growth and Investment Fund (IGF) from Alberta. The fund helps established businesses make high impact investments that create jobs, making Alberta a prime location for new businesses. GoodLeaf operates a …
Am I entitled to permanent residence in South Africa?
The global trend of skills migration has resulted in many vacancies in South Africa. This means that foreigners with the desired skills are the next to move up the corporate ladder, making residency in South Africa much more attractive. The Home Office (“DHAâ€) has also announced that it will open its doors to permanent residence …
South Korea’s tax competitiveness ranks 26th in the world (report)
Korea Economic Research Institute logo South Korea’s international tax competitiveness has fallen nine notches in the past five years, according to a report on Thursday, stressing the need to cut tax rates and simplify its tax system. The country’s tax competitiveness ranks 26th globally in 2021, up from 17th five years earlier, according to the …
Samsung announces it will start building $ 17 billion Texas chip factory next year
Samsung on Tuesday confirmed plans to build a $ 17 billion semiconductor plant outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronics. “This is the largest foreign direct investment ever made in the state of Texas,” Texas Governor Greg Abbott said Tuesday. Samsung’s plans had been widely …
Tax policy and current tax issues analyzed by Paul Haarman – Times Square Chronicles
The global pandemic has led to economic failures and health crises. Since everyone is new to this situation, mitigating risk is a complex task. The authorities are taking measures to reduce the spread of the virus and limit the pressure on the medical system. For robust rebounds, income and finances also play an important role. …
What is the difference between a CBDC and Bitcoin?
Bitcoin and CBDC have both gained the attention of the general public as the cryptocurrency industry evolves. However, despite their similar status as ‘digital assets’, there are marked differences in the way they are issued and controlled. Coin Rivet will explain what a CBDC is and what Bitcoin is before delving into the main differences …
Business Aviation Executives: On Track To Achieve Net Zero Emissions
Industry leaders who are trying to cut carbon emissions from the global business jet and turboprop fleet said on Wednesday they had taken a major step forward and were on track to meet their targets until 2050. The Business Aviation Climate Change Engagement, a collaboration of organizations representing manufacturers, operators, refuellers and service providers, has …
CONSENSUS CLOUD SOLUTIONS, INC. Discussion and analysis by management of the financial position and operating results. Forward-looking information (Form 10-Q)
In addition to historical information, we have also made forward-looking statements in this report. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words …
Experts call for a review of the global tax system to reach net zero by 2050
Like the World Climate Conference (COP26) ends in Glasgow, on Independent Commission for the Reform of International Business Taxation (ICRICT) issued a statement that securing a global commitment to net zero greenhouse gas emissions by 2050 will not be possible without putting the entire tax system at the service of climate transition. In a statement …
The CAPT extends the 30-day period for the study of offers – ARAB TIMES
WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, November 6: The Central Public Procurement Agency (CAPT) has extended the bid review period by 30 days for the Ministry of Finance to supply, install and operate the Integrated Tax Management System (ITMS), reports daily Al-Anba citing sources. According to some sources, the agency has asked the ministry …
Will India turn to carbon tax to meet emissions reduction targets?
In the 1920s, British economist Arthur Pigou introduced a concept of imposing a tax on any business transaction that could create a negative externality. One came to be called a Pigouvienne Tax. It is widely seen as a corrective tax implemented to improve social welfare when the consumption of the product concerned has a cost …
Taxing Global Businesses: The Imperfect Choices
But the situation of large firms has changed dramatically in at least two ways: 1) they have become much more likely to cross national borders in their inputs, production, customers and owners; and 2) they are more dependent on intellectual property, which means that the profits come from something that is not of a physical …
My opinion: stop the tax leaks
The pandemic has put a dent in the coffers of governments around the world. Closer to home, we saw Malaysia implement eight economic stimulus and aid packages worth RM530 billion to tackle the health crisis. With an ambitious target of reaching a budget deficit of 3% to 3.5% of GDP by 2025, this puts pressure …
The Kemper project has just collapsed. What this means for CCS
One of the country’s greatest symbols of carbon capture technology – the Kemper Project – has collapsed into a heap of debris, underscoring the strategy of one of the country’s largest utilities as it targets to decarbonize its fleet. The project, which was half of a multi-million dollar power plant in Mississippi intended to gasify …
Tax Management System Market Size Volume, Share, Demand Growth, Business Opportunity by 2028
New Jersey, United States, – The latest research report added to Intellect Repository Marketing Research is an in-depth analysis of the Global Tax Management Systems Market. Supported by historical growth analysis and current scenarios of the Tax Management Systems Market, the report seeks to provide actionable information about the growth forecast of the global market. …
Are you indebted for SARS? How South African Expats Can Achieve Tax Compliance
SARS has said it is increasing tax collection for South African expats, which has created a lot of fear and uncertainty in the expat community. Rest assured, you will only fall into the South African tax net in very specific circumstances. If you are wondering if this applies to you, this article should help clarify …
Cities around the world are not adapting quickly enough to climate change
(The Conversation is an independent, nonprofit source of information, analysis, and commentary from academic experts.) (THE CONVERSATION) Climate change is amplifying threats such as floods, forest fires, tropical storms and drought. In 2020, the United States experienced a record 22 weather and climate disasters that each caused at least $ 1 billion in damage. So …
World Investment Summit Speech – GOV.UK
A new era of optimism for Britain World Investment Summit Guildhall October 18, 2021   Mr. Mayor, Ladies and Gentlemen, I have spent this afternoon in the House of Commons listening to the moving tributes to Sir David Amess. Tonight I know our thoughts are with his loved ones. A common thread running through the …
Week In Insights: with the key deadlines looming, let’s go
With around a year to go for the FIFA World Cup in Qatar to kick off, men’s national teams around the world are battling it out over who will qualify for the opening matches. Germany’s Timo Werner (right) celebrates with teammate Karim-David Adeyemi (left) after scoring in a World Cup qualifying match against North Macedonia …
Phoenix American announces new sponsor of client real estate fund NAI Legacy
SAN RAFAEL, California, October 14, 2021 / PRNewswire / – Phoenix American is pleased to announce its new client partnership with real estate investment management firm NAI Legacy. Phoenix American will support NAI Legacy with its state-of-the-art investor services platform featuring the STAR-XMS shareholder management / transfer agent system. NAI Legacy will benefit from the …
London hides stolen money from around the world
Chennai: In 1969, two years after the Cayman Islands, a British territory, passed their first law allowing secret offshore trusts, an official government report struck a worrying note. A tide of brilliant proposals from private developers, he warned, was sweeping the islands. Cayman was quickly becoming a state captured by shady finance. These were the …
Congressional tax deal badly needed – Yellen
WASHINGTON DC: U.S. Treasury Secretary Janet Yellen said on Sunday (Monday in Manila) that she hoped the U.S. Congress would approve a key pillar of the global corporate tax agreement reached by some 136 countries and jurisdictions. “I am confident that what we need to do to comply with the minimum tax will be included …
What does the new global tax treaty contain?
To note: This article was originally published on July 1, 2021, but has been updated to reflect the latest details on the global tax deal. In recent years, countries have debated significant changes to the international tax rules that apply to multinational companies. Following an announcement made in July by the countries involved in negotiations …
Seoul calls for lower digital tax base, minimum 15% tax rate
확대 [Graphics by Song Ji-yoon] The Korean government has made it clear that the standard tax base for manufacturers should be sufficiently lowered even if the global digital tax plan is adopted and a minimum tax rate is introduced worldwide. The proposal is part of the government’s basic approach to digital tax, which was presented …
Pandora newspapers have denounced the corrupt system that allows the rich around the world to avoid paying taxes
The Pandora Papers are the result of a massive data breach that unmasks the underground shell games and tax evasion schemes of the world’s ultra-rich, those with $ 30 million or more. It is the result of the “greatest journalistic collaboration ever” involving six hundred journalists from one hundred and seventeen countries and coordinated by …
Global tax deal is just the start of the fight – POLITICO
Press play to listen to this article LUXEMBOURG – An agreement on the overhaul of global taxation is almost completed. Now comes the hard part: making it work. Negotiators from more than 130 countries will meet on Friday to work out the final details of a multi-year campaign to force the world’s biggest companies to …
Closing the foreign trust tax loophole is not a priority – Government | 1 NEWS
Journalists from 1News and the NZ Herald have teamed up with hundreds of journalists around the world to investigate leaked documents revealing the secrecy of tax havens. The 2016 leak resulted in changes to New Zealand’s disclosure and transparency rules, and now we’ll bring you more stories from the release of the Pandora Papers. Closing …
Oil and gas companies must pay their taxes
The revelation last week that as many as 77 oil and gas companies operating in the country owe the government a staggering $ 6.48 billion (around 2.3 billion naira) in taxes came as a shock to all Nigerians. well-meaning. In this era of a global movement to get all people – humans and businesses – …
Tax reform for what? and for whom?
In Brazil, there is no mention of depreciation exemption associated with establishing IRPFs for high income groups. Credit: Pexels Brazilian state reforms, a historically powerful agenda in the political scenario – in part because of the many distortions left to us by the allotted and militarized Portuguese kingdom – have once again become a parliamentary …
Apple, Amazon, and others back groups trying to kill US climate law
Apple, Amazon, Microsoft and Disney are among the main companies supporting lobby groups and organizations fighting against a US climate bill, according to a report. And this despite the fact that these companies are all committed to reducing their impact on the environment. The United States Chamber of Commerce, the Business Roundtable and the Rate …
Governor Hochul Announces Fourth Round Winners of Luminate NY Accelerator Competition
Governor Kathy Hochul today announced that PreAct Technologies is the winner of Round 4 of the Luminate NY Optics, Photonics and Imaging Startup Accelerator Competition. PreAct Technologies, based in Portland, Oregon, received the “Company of the Year†award at Luminate Finals 2021, held virtually and sponsored by Optica, formerly The Optical Society. The company will …
Aerospace and Defense Industry Report 2021 – Featuring Ansys, Hexagon and Dassault Systemes, among others – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD) – The report “Aerospace and Defense Industry – Computer Aided Engineering (CAE) 2021: Market Size and Growth; 4-year forecasts; Market size, growth and position for each of the top 5 suppliers â€has been added to ResearchAndMarkets.com offer. The data in this Computer Aided Engineering market report is provided in terms of …
Letters: The casino could harm the local economy; the diminishing value of Penn State; Playing politics with lives; A fair tax on electric vehicles
The Impact Report for the proposed Nittany Mall Casino estimates that the casino will generate an economic impact of $ 121.6 million and approximately $ 2 million in tax revenue for the Township of College per year. These numbers look good, but they are misleading. On average, a casino must receive more from its customers …
The tax and accounting software market is booming worldwide by major vendors Intuit Inc., The Sage Group, SAP SE, Oracle Corporation, Microsoft Corporation
A significant trend observed in the accounting software industry is due to the ongoing shift from the conventional method of manually storing financial records to the use of an accounting information system. In the past, accounting software focused on basic accounting needs such as general ledger, accounts receivable, accounts payable, payroll, and sometimes inventory. The …
Africa: CG Darboe – Africa’s budget deficit problem could be solved by the digital economy
Gambia Revenue Avenue (GRA) Commissioner General and also current President of the West African Tax Administration Forum (WATAF), Yankuba Darboe, addressed ECOWAS member states last week during of WATAF’s 17th Annual General Assembly and its 10th anniversary in Abuja. , Nigeria. Commissioner General Darboe was accompanied by directors from various departments and other members of …
Leo Varadkar seeks assurances that the global tax rate will not exceed 15 pc
Ireland wants clarification on the rate at which the United States will tax global multinational profits before signing a broader corporate tax deal, the Minister for Tánaiste and Business said. culminating in Washington yesterday, Leo Varadkar said he also wanted assurance that a global minimum corporate tax did not exceed 15 percent. US President Joe …
China: more support promised to private companies
China will strengthen the connection and sharing of credit information between enterprises and financial institutions to meet the demand for financing of small and micro enterprises, and efforts will be made to ensure that support to private enterprises is provided on time. wanted and in its entirety, officials and an analyst said. By creating a …
Democrats’ tax plan is a war on freedom and investment – San Bernardino Sun
SACRAMENTO – Leftists are thrilled with the Biden administration’s plan to root out the scarecrow of tax havens – low-tax jurisdictions where businesses and other investors can keep their money out of the government’s prying hands. They would have us believe that corporations are not paying their “fair share†of taxes – and that punishing …
Democrats’ tax plan is a war on freedom and investment – press enterprise
SACRAMENTO – Leftists are thrilled with the Biden administration’s plan to root out the scarecrow of tax havens – low-tax jurisdictions where businesses and other investors can keep their money out of the government’s prying hands. They would have us believe that companies are not paying their “fair share†of taxes – and that punishing …
Cuyahoga County leader proposes permanent sales tax to pay for new prison: The Wake Up for Thursday, September 23, 2021
Subscribe to the alarm clock, cleveland.comfree morning newsletter, delivered to your inbox on weekdays at 5:30 a.m. Chances of showers remain but will drop today, as will temperatures … maximums will be around 60 degrees with cloudy skies. The winds will be close to 17 mph. The weather will remain cloudy overnight with lows of …
Optex Systems announces a share buyback program
RICHARDSON, TX / ACCESSWIRE / September 22, 2021 / Optex Systems Holdings, Inc. (OTCQB: OPXS), a leading manufacturer of precision optical sighting systems for domestic and global military and commercial applications, today announced that it has authorized a share buyback program of $ 1.0 million, effective immediately. Karen Hawkins, Chief Financial Officer of Optex Systems …
The imperial system is back on the cards for Brexit Britain – measures have always been political
Last year, the return of blue passports was touted as a symbol of Britain’s resumption of control after Brexit. Some in government would now like to see Britain’s imperial measures make a comeback. As part of a review of EU laws still in place after Brexit, the government plans to remove the ban on selling …
Global markets collapse as worries grow over superpower plans
Investors from three continents abandoned their shares on Monday, fearing that the governments of the world’s two largest economies – China and the United States – would act in ways that could undermine the nascent global economic recovery. The Chinese government’s reluctance to step in and rescue a heavily indebted real estate developer just days …
China moves forward with smart tax system
China will relentlessly advance the digitization of tax administration in the country, an official said. Driven by smart tax developments, automatic tax calculation is one step closer to reality, Wang Jun, head of the state tax administration, said at a meeting of heads of tax authorities in the BRICS country, which ended Wednesday. At the …
Comments on the Tax Laws Ordinance (Third Amendment), 2021 – Business and Finance
A review of the provisions introduced reveals that after a long period of time, concrete and positive steps have been taken to document the economy and provide a level playing field for various people in business. All the steps are almost in the right direction which reflect the government’s desire to document the economy and …
A changed world: resin fees, bottle ticket endorsements
Here are two things you would never have seen a year ago in the plastics industry: a US senator tweeting about a tax on resins and a group of plastic bottle makers saying we need instructions for containers. Still, the two were there this month. There was Senator Sheldon Whitehouse, DI, the author of a …
FEATURE ARTICLE: China Must Develop Market-Based Carbon Emissions Trading System: Think Tank
The Chinese state-backed think tank has proposed accelerating the development of a market-based regime around the country’s carbon market, providing clear signals on carbon prices, managing long-term expectations. term and encouraging investment in low-carbon technologies, according to a September 19 report. 14. The report of the China Council for International Cooperation on Environment and Development, …
With the union of Democrats and oil companies, has the time to capture carbon come?
WASHINGTON – Carbon dioxide was first captured and pumped underground on a commercial scale at a natural gas processing facility in Texas in 1972. Almost half a century later, despite growing demand for the technology as world leaders seek to tackle climate change, carbon capture is still struggling to take hold. The number of projects …
The evolution of residency and citizenship through investment in the MENA region
DUBAI, United Arab Emirates, September 17, 2021 / PRNewswire / – Residence and Citizenship by Investment (RCBI) is a popular business among the MENA elite, one that has gained traction over the past decade, and for good reason; it is affordable, easy and provides the rich with a tool to unlock their ultimate potential. RCBI …
The belligerent plans for the German economy are full of holes
“I I HOPE YOU I’ll never have to see it like that again, â€says Markus Quint, communications manager at Frankfurt’s Messe (exhibition center), as he examines 440,000 square meters of empty halls from a 22nd-floor terrace. When the pandemic struck last spring, the Messe, which had welcomed nearly 2.5 million visitors in 2019, had to …
Multinationals “speed up revenues” to pay their taxes “on today’s terms”
Several large multinationals operating in Ireland would accelerate their revenues in the years to come in order to pay their corporate taxes “on today’s terms”, economist Colm McCarthy told the Dublin Economics Workshop (Dew) on Wednesday. Mr McCarthy said the companies, which would include banks at the Irish Financial Services Center (IFSC) in Dublin, have …
Now is the time for Congress to act on the climate
Democrats – who control the House, Senate, and White House – have the ability to make sweeping changes to our country to improve the lives of citizens in a myriad of ways we sorely need, now and for generations. future. Fortunately, they are currently working on how to do this through the bipartisan infrastructure bill …
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No more carbon havens and ESG greenwashing
October 31, 2021, the 26e The United Nations Climate Change Conference (COP26) will kick off in Glasgow, Scotland. Once again, the parties will seek to accelerate action towards the goals of the Paris Agreement and the United Nations Framework Convention on Climate Change. Thus, we must ask ourselves the eternal question: what could move the …
BurningMoon Announces Regular Live Token Redemption and Burning
FRANKFURT, Germany, September 08, 2021 (GLOBE NEWSWIRE) – BurningMoon announces that it will regularly continue its Live Token Buyback and Burn events. Its first redemption and burn event generated widespread interest among investors and a positive response from the market, as tokens worth over $ 100,000 were redeemed in the market and burned at an …
How to beat the five-year inheritance tax freeze • Money International
British expats could pay inheritance tax on their global assets even if they have lived abroad for many years. IHT tracks domicile, and even long-term expats can be taxed if they have not searched for a domicile of their choice in another country after leaving the UK. In his 2021 budget, Chancellor Rishi Sunak froze …
Baker Tilly acquires AcctTwo, the main partner of Sage Intacct | New
HOUSTON – (BUSINESS WIRE) – Sep 1, 2021– Baker Tilly US, LLP (Baker Tilly) announces the acquisition of AcctTwo Shared Services, LLC (AcctTwo). The move amplifies Baker Tilly’s strong product development capabilities and extensive digital practice. The acquisition will take effect on October 1. AcctTwo is a seven-time Partner of the Year for Sage Intacct, …
The end of the competitive corporate tax era will create a level playing field
Countries receive a substantial portion of their income from corporate taxes. Reduced income means the government is spending less on education, health, clean water, women’s development, etc. Most importantly, neither consumers nor government benefit from lower corporate taxes; it only increases after-tax business profits and increases the wealth of already wealthy business owners. Photo: Pixabay …
Six financial essentials if you are moving to France
Bill Blevins, co-founder of Blevins Franks and columnist for The Connexion for many years, sadly recently passed away from a long illness. Bill worked closely with David Franks to make Blevins Franks one of the leading international tax and wealth management advisers for UK nationals living, moving to and returning from Europe. Her lively personality, …
Future of Global Tax Management System Market 2021 is expected to witness massive growth with high CAGR value
Reports Globe’s new report on Global Tax Management System Market offers in-depth coverage of industry and important market trends with historical and forecast market information, demand, application information, price trends and shares of the leading tax management system company by geography. This report also studies the Tax Management System market share, competitive landscape, market share, …
The Space Law Review: Taxation
This article is an excerpt from The Space Law Review – Edition 2. Click here for the complete guide. INTRODUCTION For companies in the space industry, taxation is an important factor in determining where to locate. This chapter examines the basic conceptual framework relating to the direct taxation of space companies, with a particular focus …
The Tai Ji Men case in Taiwan discussed among the main religious
International scholars explore 25 years of human rights and religious freedom violations against Tai Ji Men at 82nd Annual Meeting of Association for the Sociology of Religion (ASR), promoted by Action Alliance to Straighten 1219. CHICAGO, August 10, 2021 (GLOBE NEWSWIRE) – August 8, 2021, at the 82nd annual meeting of the Association for the …
Long-term care tax threatens nearly every worker in Washington
PULLMAN – Workers in Washington state face a choice they must make about long-term care insurance. And do it quickly. In 2019, the state legislature created the Long-Term Services and Supports Trust Act, which on January 1, 2022 will begin collecting a tax of 58 cents for every $ 100 of income from most on-time …
US proposes to track digital money and tax it to pay for, you know, roads and the like • The Register
U.S. Senators on Thursday revised a section of the bipartisan infrastructure bill to ensure that cryptocurrency miners, hardware vendors and software developers are exempt from collecting user data needed to report taxes. Congress is stepping up efforts to prevent crypto investors from evading their taxes every time they buy or sell Bitcoin and the like. …
The green unilateralism of Europe by Hans-Werner Sinn
The European Union’s unilateral climate strategy will turn Europe into a trade fortress, encourage green protectionism around the world and give other regions the opportunity to develop using cheaper energy. And without China, India, and the US on board, few will want to emulate the EU’s role as a green guinea pig. MUNICH – The …
Vontier Acquires DRB Systems, LLC for Approximately $ 965 Million, Provides Second Quarter 2021 Financial Performance Update
RALEIGH, NC – (COMMERCIAL THREAD) – Vontier Corporation (“Vontier”) (NYSE: VNT) announced today that it has entered into a definitive agreement to acquire DRB Systems, LLC (“DRB”), a leading supplier of point of sale, workflow software and control solutions to the car wash industry, subsidiaries of New Mountain Capital LLC for approximately $ 965 million …
Raber Packing Co. opens in West Peoria at a site three times the size
WESTERN PEORIA – Buddy Courdt doesn’t want the new Raber Packing Co. to just sell meat. He wants to sell an experience. The sprawling, sparkling new facility has a much larger footprint – in size, capacity, and offerings – than the original Raber, which burned down in 2018. Courdt, president of the 67-year-old family business, …
The transfer of shares to your son will trigger a capital gain for you
Your recent article on capital gains was most helpful. However, I am puzzled as it seems that it would be convenient for an elderly person to transfer such shares to a son, a transfer which I believe is only subject to a 1 percent stamp duty on the securities. current. The son could sell them …
Another Look: A Rare Opportunity to Fight Corporate Tax Evasion | Editorials
President Biden and other world leaders are on the brink of an extraordinary deal that could curb the infuriating – and so far, seemingly intractable – problem of corporate tax evasion. Success would mean hundreds of billions of dollars in new revenue to repair crumbling infrastructure, cure the sick, and improve Massachusetts schools in Mumbai. …
A new tax floor
By Sujit Bhar Under the leadership of the G20 countries, a total of 132 nations and territories have signed to impose a minimum corporate tax rate on multinational companies, some of which are larger than small nations, trying to reduce the income owed to the country business operations and profit areas. This has been a …
Windfall profits tax should be imposed to support economic recovery
This would allow the government to deal with the health crisis without imposing an additional burden on the public by introducing a new tax such as the GST. by ASILA JALIL / photo by HUSSEIN SHAHARUDDIN THE government must impose a windfall tax on businesses that derive extraordinary benefits from the pandemic to aid economic …
EDITORIAL | Countries must cooperate to ensure that there are no more tax havens for IT companies
~~ ~ One hundred and thirty countries and regions, including member countries of the Organization for Economic Co-operation and Development (OECD), agreed on July 1 on a proposal to regulate corporate taxation. They set the overall minimum rate at “at least 15%”. Targeting large companies in information technology, the digital tax would apply to companies …
Business News | Stock market and stock market news
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EU moves forward on carbon tax criticized by IMF: G-20 update
(Bloomberg) – Finance ministers from the Group of 20 countries sought to give momentum to the global effort on climate change during a meeting this weekend in Venice, Italy. Keynote speakers at a conference on Sunday were US Treasury Secretary Janet Yellen and International Monetary Fund Managing Director Kristalina Georgieva. Main developments: Lagarde says most …
Sri Mulyani from Indonesia: a reformer working for women’s rights | Asia | An in-depth look at current events from across the continent | DW
She expected the path to power to be difficult. More difficult than for men. “The world is not fair to women,” said Sri Mulyani. And yet, she has come a long way: in 2005, she was named Indonesia’s first female finance minister – a trailblazer in this conservative Muslim-majority country and since then a role …
Did Covid disentangle India’s economic advances after the reforms?
Then came the world’s fastest wave of coronavirus, which left hospitals overwhelmed, pushing back dying smoke and the crematorium darkening the city sky. Years, and perhaps decades, of progress have unfolded in a matter of months, as many Indians who had escaped poverty face grim employment prospects and accumulate heavy debts to get themselves out. …
Over $ 9 billion in global ground-mounted PV utility industry to 2026
Dublin, July 6, 2021 (GLOBE NEWSWIRE) – The “Ground-Based Photovoltaic Utilities Market – Forecasts 2021 to 2026” report was added to ResearchAndMarkets.com offer. The global ground-mounted PV utility market is expected to grow at a compound annual growth rate of 9.85% over the forecast period to reach a market size of US $ 9.534 billion …
U.S. Global Minimum Tax Proposal Supported By 130 Countries
Tax havens in the Breezy Islands of the Caribbean have also refused to sign, including Barbados, Saint Vincent and the Grenadines. Hungary and Estonia, anxious to preserve their ultra-low tax regimes, have joined the dissidents, as have Kenya, Nigeria, Peru and Sri Lanka. A block of reluctance means “nothing is agreed until everything is agreed,” …