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A service for banking industry professionals · Thursday, November 7, 2024 · 758,405,373 Articles · 3+ Million Readers
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  • Published on Nov 6, 2024

    Tax System Of The Country Breaking The Backs Of Middle-Class!

    India’s middle class has been the backbone of the country’s economy, significantly contributing  through income taxes, consumer spending, and its role in the country’s workforce. However, it is also the same class who is caught in a vicious cycle of high …

    Source: Inventiva - Neutral
  • Published on Nov 6, 2024

    Energy industry ‘disappointed’ by increase in windfall tax, but reaction to other parts of UK Autumn Budget more ...

    UK Chancellor Rachel Reeves delivers the Autumn Budget 2024 Photo: Lauren Hurley/DESNZ In response, David Whitehouse, CEO of trade association Offshore Energies UK, said: ‘With an increase in tax despite commodity prices at recent lows, there is no …

    Source: Energy Knowledge - Energy Institute - Label Pending
  • Published on Nov 5, 2024

    UK tax plan for wealthy foreigners risks turning London into ‘bigger version of Bahamas’

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government’s new regime to attract wealthy foreigners is too short-term and risks turning London into “a bigger version of …

    Source: The Financial Times - Neutral
  • Published on Nov 5, 2024

    For a worker’s Budget, tax the fat cats

    BRITAIN’S economy is the sixth biggest in the world. The owners of big business and finance — Britain’s capitalist class — are fantastically wealthy. They own more economic assets (worth £1,700 billion) around the world than any other capitalist class, …

    Source: Morning Star - Left-wing
  • Published on Nov 5, 2024

    Going it alone with territorial tax would gift our business to offshore competitors

    If we were to adopt corporate territorial tax without Jersey doing the same, it would be commercial suicide. (I am not so much concerned about the Isle of Man as they are less of a competitor to us these days, although that could change very quickly if we …

    Source: Guernsey Press and Star - Neutral
  • Published on Nov 4, 2024

    The World's Biggest Overseas Tax Havens

    Banking, finance, and taxes Canva | SeventyFour from Getty Images and Cristian Gheorghe from Getty Images 24/7 Insights Tax havens are perfectly legal.  The US has its own tax havens, such as those in states like Delaware.  It’s very hard to recover …

    Source: 24/7 Wall St. - Neutral
  • Published on Nov 6, 2024

    The difficulties Nigeria faces in collecting taxes

    Taxation is a crucial part of any nation’s economy, acting as a primary source of government revenue used for public goods and services. In Nigeria, the federal government faces significant challenges in tax collection, which limit its ability to harness …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Nov 5, 2024

    TSMC hardware lands in Huawei’s hands – a setback for U.S. sanctions on China

    Washington has thrown all its weight behind trying to keep this tech out of China’s hands. But somehow, Taiwan Semiconductor Manufacturing Co. (TSMC)’s circuitry is powering Huawei’s latest Ascend 910B chips, designed for artificial intelligence. U.S. …

    Source: Cryptopolitan - Uncategorized
  • Published on Oct 31, 2024

    Labour's tax on farmers may prove to be the defining blunder of the Reeves' budget, warns ALEX BRUMMER

    This green and pleasant land is devoted to its farmers.  Agriculture is the only industry which has an exclusive daily bulletin on the BBC – Farming Today, a long running radio soap opera – The Archers, a TV series – Emmerdale, and a prime slot on Sunday …

    Source: This Is Money - Neutral
  • Published on Nov 5, 2024

    Election Day 2024: What's Going To Happen? And How Did We Get Here?

    Today is Election Day. Who's going to win? Trump? Harris? Nobody knows. It might be very close, or maybe not. God willing, we'll have an answer by the end of the night. Until then, please enjoy this definitive preview (and insightful recap) of the …

    Source: The Washington Free Beacon - Virginia - Right-wing
  • Published on Nov 4, 2024

    US dollar dips as some national polls swing toward Harris

    The US dollar dropped sharply as investors rethought their bets on Donald Trump’s reelection, following a batch of new polling data. The dollar index, which measures the currency’s strength against a basket of major rivals, took a notable dip, hitting a …

    Source: Cryptopolitan - Uncategorized
  • Published on Nov 1, 2024

    John-Allan Namu: Uncensoring Africa

    In East Africa, Kenya has stood out for its relative peace and prosperity. For over three decades, it has enjoyed multi-party democracy, and largely avoided conflict and war. This doesn’t mean 2024 ICFJ Knight International Journalism Award winner John- …

    Source: International Journalists' Network - Center-left
  • Published on Nov 6, 2024

    Taxing What You Can't See: Targeting Foreign Assets

    Currency exchange, money transfer, FinTech financial technology, global company, internet banking, ... [+] interbank payment idea, man utilizing laptop computer with foreign currenciesgetty In this episode of Tax Notes Talk, Tax Notes contributing editor …

    Source: Forbes - Neutral
  • Published on Nov 6, 2024

    Trump Elected In Historic Comeback: What Wealth Managers Say

    After Donald Trump won the presidential elections today, defeating Kamala Harris, wealth managers discuss the impact for the economy, markets and asset allocation. Donald Trump won a second term in the White House today, getting past the 270 electoral …

    Source: Wealth Briefing - Neutral
  • Published on Nov 6, 2024

    We Can’t Wait for Promise of Unproven Nuclear Technology to Save Planet from Roasting

    As we feebly attempt to curb our extraction, transportation, and burning of fossil fuels, calls for more nuclear power grow louder, especially by those who oppose offshore wind. My colleague Colleen Cronin recently provided an excellent local overview on …

    Source: ecoRI News - Rhode Island - Left-wing
  • Published on Nov 6, 2024

    Trump wins 2024 US election: banking sector reaction

    After a bruising and divisive election campaign, Donald Trump has triumphed. RBI sounds out banking industry experts on the implications for the financial services sector. Daniele Antonucci, chief investment officer, Quintet Private Bank While the US …

    Source: Retail Banker International - Label Pending
  • Published on Nov 6, 2024

    Where the Rich Can Buy Secrecy, Evade Laws, and Claim a Slice of Space

    The book, though, is not solely Swiss-centered. The offspring and echoes of Switzerland stretch far and wide, among cities and countries trying to grab their own slices of the offshore pie. In Singapore, we see a nation-state built on the back of its own …

    Source: The New Republic - Left-wing
  • Published on Nov 6, 2024

    Big Oil’s dirty legacy in Nigeria

    Godwin Bebe Okpabi remembers the discovery of oil in his community of Ogale in Nigeria’s Niger Delta as a halcyon period in his life. Modest development followed as paved roads were laid and British Land Rovers sped through villages that were unused to …

    Source: The Financial Times - Neutral
  • Published on Nov 6, 2024

    A Preview of COP29: What Business Leaders Should Know with Outrage & Optimism Co-hosts

    Mike Toffel: Paul and Tom, thank you so much for joining us here on Climate Rising. Tom Rivett-Carnac: Delighted to be here Paul Dickinson: Always a pleasure, Mike. Always a pleasure. And I told Tom ages ago that you wrote that paper about private politics …

    Source: Working Knowledge - Label Pending

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