Search Results for: VAT
Taiwan To Levy VAT On Online Retailers
September 27th, 2016
Taiwan’s Executive Yuan has approved a Finance Ministry proposal to impose value-added tax on foreign online sellers’ supplies to Taiwanese consumers. The proposal is intended to modernize Taiwan’s VAT rules, raise additional revenues, and level the playing field for ...
When you must pay UK VAT If you are an overseas online retailer
September 19th, 2016
HMRC has issued a press releases to inform about the UK VAT in cases of overseas businesses using an online marketplace to sell goods in the UK. According to the HMRC release, overseas online retailers must pay UK VAT ...
New fees of the Moscow Exchange Derivatives Market
September 13th, 2016
At its meeting on 9 September, the Supervisory Board adopted new tariffs for the Moscow Exchange Derivatives Market on the back of a new billing concept. The tariffs were agreed with the MOEX Derivatives Market Committee in August. The ...
Innovator Launches New Digital Currency eQuid with a Focus on the Money System Side of the Coin
September 6th, 2016
eQuid will launch on select cryptocurrency exchanges in late fall 2016 after running a crowdfunding campaign to build support. When the currency is active on those exchanges, anyone with an account can purchase eQuid. Garth Wells, the founder of ...
13 Percent VAT Confirmed For Egypt
September 2nd, 2016
Egyptian lawmakers have agreed to the introduction of a value-added tax regime with a 13 percent headline rate from the 2016/17 fiscal year. The rate is to rise to 14 percent from 2017/18. In May, Egypt’s Finance Minister disclosed ...
Innotribe and Innovate Finance launch Global FinTech Hubs Federation initiative
August 29th, 2016
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than ...
MAS establishes FinTech Innovation Lab
August 26th, 2016
The Monetary Authority of Singapore (MAS) today announced the opening of its FinTech Innovation Lab. The purpose-built facility, known as Looking Glass @ MAS1, is located within the MAS Building. Looking Glass @ MAS will serve the following purposes: ...
CySec issued a Circular for CIFs regarding a new Belgian Regulation for OTC derivatives
August 17th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to draw the attention of the Cyprus Investment Firms (CIFs) to the enacting of new Belgian Regulation for the distribution of OTC derivatives (binary options, CFDs) to retail clients in ...
Certain financial derivatives such as binary options, CFDs with leverage will be restricted by FSMA
August 16th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the authority establishes a framework for the distribution of OTC Derivatives (Binary options, CFDs, etc.). According to FSMA’s announcement, the distribution of certain ...
Tel Aviv Stock Exchange will soon launch US Dollar weekly derivatives
August 10th, 2016
The board of directors of the Tel Aviv Stock Exchange (TASE) decided in its meeting on Thursday (August 4, 2016) to launch US Dollar weekly options. Weekly TA-25 Index options were introduced by TASE in 2013 and their trading ...
