Search Results for: Fed
European Court of Justice Official Proposes Bitcoin VAT Exemption
July 17th, 2015
Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney ...
SEC Charges Purported Investment Adviser With Stealing Client Funds and Conducting a Ponzi Scheme
July 17th, 2015
The Securities and Exchange Commission charged a purported investment adviser in San Diego with stealing money from clients for personal use and conducting a Ponzi scheme to pay customers making redemption requests. In a complaint filed in federal court in ...
Barclays’ second boss in a week exits the bank
July 16th, 2015
BARCLAYS deputy chairman Sir Mike Rake has become the second casualty of newly-installed chairman John McFarlane in a week, after he confirmed plans to leave the bank “by the end of 2015” yesterday – which leaves the rest of ...
SEC: OZ Management LP Admits Providing Inaccurate Data, Impacting Brokers’ Records and “Blue Sheets”
July 15th, 2015
The Securities and Exchange Commission today charged OZ Management LP with providing inaccurate trade data to four prime brokers, causing inaccuracies in the brokers’ books and records and in data provided to the SEC in investigations. OZ Management, an ...
Greece Holds Out, Wins Even Worse Deal
July 14th, 2015
The hostile takeover is almost complete. On Sunday Greece agreed not just to Germany’s original demands, but to even more: “(Bloomberg) – The conditions that Tsipras swallowed comprised a laundry list of unfinished business from Greece’s two previous bailouts ...
Emerging Challenges Facing Tax Policymakers and Administrations in the Area of International Taxation and Transfer Pricing
July 14th, 2015
From July 7-9, 2015, senior tax administrators and tax policy officials from 26 countries throughout Europe and Central Asia as well as experts from the WU University and the World Bank met in Vienna, Austria to share experiences and ...
US stocks seen higher on Greek agreement
July 13th, 2015
U.S. stock markets were tipped to open higher on Monday following news that Greece and its international creditors have reached a bailout agreement. European Council President Donald Tusk said early on Monday that euro zone leaders reached an unanimous ...
Greece is bad but this is worse. The Chinese stock market
July 9th, 2015
The twin fears of China and Greece will hang over markets Thursday with China increasingly the bigger concern. “There’s definitely an issue if we see a further correction in the Chinese stock market,” said Russ Koesterich, BlackRock’s chief investment ...
Greece and its Slow Growth Problem
July 8th, 2015
I knew that Greece has not traditionally been the economic dynamo behind growth in the EU economy. I had not quite realized how far the Greek economy has lagged behind over the last several decades. Here’s a figure from ...
BDO gets InTouch with cloud accounting
July 8th, 2015
BDO has opened a small business accounting service based partly on the Xero cloud accounting platform. Called InTouch, the BDO package is designed to support clients with “current business performance information which can be accessed anytime and anywhere”. The service ...
