Search Results for: VAT
Credit Suisse Restates Fourth-Quarter Loss on U.S. Tax Provision
April 3rd, 2014
Credit Suisse Group (CSGN) AG, the second-biggest Swiss bank, restated its fourth-quarter loss after taking additional provisions related to the U.S. probe into whether the bank helped Americans evade taxes. The net loss amounted to 476 million Swiss francs ...
Kyriacos Kyriacou, CEO of Valutrades CY Ltd
April 2nd, 2014
When did Valutrades CY Ltd obtain the provisional licence from the Cyprus Securities and Exchange Commission (CySec)? Valutrades CY Ltd has successfully obtained the provisional licence from CySec on April 17, 2013. 2. For which reason did the company ...
Multinationals’ tax affairs “hurting” growth and investment
April 2nd, 2014
RULES designed to protect multinational companies from double taxation are allowing them to either greatly reduce or eliminate their tax rates in many countries, an OECD report to the G20 has found. The study shows multinationals frequently pay rates ...
Europe Index Futures Rise With Asia as Yen Retreats
April 2nd, 2014
European index futures climbed with Asian stocks, Treasuries fell and the yen retreated before reports that may signal the U.S. economic recovery is gathering pace. New Zealand’s dollar weakened and gold rebounded. The MSCI Asia Pacific Index added 0.4 ...
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...
China Mulling Implementing FATCA-Like Law To Reduce Tax Evasion On Mainland; Hong Kong Agreed To Share Tax Information Of US Expats Earlier This Week
March 31st, 2014
China is to looking to formulate a law similar to one in the U.S., which now requires financial institutions worldwide to disclose information on American taxpayers to the U.S. government, South China Morning Post, or SCMP, reported Friday. China ...
Amazon Web Services gets Defense security authorization
March 31st, 2014
Amazon Web Services, Amazon’s cloud services company, has received a security authorization that would allow it to work with all agencies within the Defense Department, the company announced last week. The new authorization — under the department’s cloud security ...
US stock market is rigged by high-speed traders
March 31st, 2014
The US stock market is rigged in favour of high-speed electronic trading firms, which use their advantages to extract billions from investors, according to the acclaimed author Michael Lewis. In his new book Flash Boys: A Wall Street Revolt, ...
Cuba acts to draw more foreign investors
March 31st, 2014
Few would say Cuba is an easy place to do business, but a new law aimed at bringing pep to an anemic economy may lure more foreign investors. Cuban lawmakers Saturday approved an international investment measure. Vice President Marino ...
Pakistan’s Musharraf charged with high treason
March 31st, 2014
A court in Pakistan has charged former military ruler Pervez Musharraf with treason, the first army chief to face such a prosecution. Mr Musharraf is accused of unlawfully suspending the constitution and instituting emergency rule in 2007. He pleaded ...
