U.S. election not a concern for corporate issuers in short term | Investment Executive

U.S. election not a concern for corporate issuers in short term | Investment Executive

While all sectors are exposed to political shifts given federal control of overarching areas such as tax and anti-trust policy, in developed economies political regime changes generally don’t immediately impact corporate credit profiles, it noted. “Rating actions directly due to federal policy changes are rare,” it said.  Although Fitch acknowledged that federal policy can “dramatically … Read more

Corporate taxation in Spain: analyzing efficiency and revenue potential – Humanities and Social Sciences Communications

Corporate taxation in Spain: analyzing efficiency and revenue potential - Humanities and Social Sciences Communications

Abstract This paper offers a comprehensive analysis of Spain’s corporate tax system through the lens of the Laffer curve and Buoyancy index, assessing its efficiency in generating revenue. The study finds that Spain is nearing the Laffer curve’s optimal tax rate, beyond which tax revenue may decrease with rate hikes. The Buoyancy index reveals a … Read more

Silver under pressure on fears of global slowdown

Silver under pressure on fears of global slowdown

Silver is down by more than 5%, skidding below $28.00 in Monday trading. XAGUSD took a nosedive to an almost three-month low as fears of a global economic slowdown has intensified following a string of US economic data that indicated the nation is moving towards a recession. Recent US data showed signs of slower labour … Read more

Silver tumbles to $28.70 as Dollar recovers

Silver tumbles to $28.70 as Dollar recovers

Silver (XAGUSD) fell sharply to near $28.70 in Thursday’s European trading after posting a fresh weekly high at $29.16. The white metal dropped as the US Dollar rebounds strongly, and the Caixin Manufacturing PMI surprisingly contracted in July. The DXY Dollar Index, which tracks the greenback’s value against six major currencies, jumped higher to near … Read more

Updated FinCEN FAQs Provide Three Important Clarifications on Reporting Obligations Under the Corporate Transparency Act (CTA) | JD Supra

Updated FinCEN FAQs Provide Three Important Clarifications on Reporting Obligations Under the Corporate Transparency Act (CTA) | JD Supra

The Corporate Transparency Act (the CTA) went into effect earlier this year, although many uncertainties about the CTA’s application still remain. To help remedy those uncertainties, the Financial Crimes Enforcement Network (FinCEN) has updated its FAQs several times since the CTA has gone into effect. The current FAQs provide three important clarifications that subject companies … Read more

Silver nosedives to $29 as China offers sluggish fiscal boost

Silver nosedives to $29 as China offers sluggish fiscal boost

Silver plummeted to near $29.00 in Friday’s American trading. The white metal faces an intense sell-off as the outcome of China’s third plenum meeting had less stimulus measures to address economic challenges and was more focusing more on “high-quality development”. The world’s second-largest economy struggles to maintain the economic growth momentum due to poor demand … Read more

Trump 2.0: Trump promises to cut corporate tax rate to 15% if elected as US President

Trump 2.0: Trump promises to cut corporate tax rate to 15% if elected as US President

Donald Trump reduced the corporate tax rate from 28% to 21% during his previous presidency and intends to further reduce it to 15% if elected again this year. Now, Trump proposes lowering the corporate tax rate to 15%, potentially cutting the US corporate tax rate by nearly half.In a wide-ranging interview on business and the … Read more

Vanuatu, Antigua, Panama…: Countries where you can buy citizenship for as low as Rs 1 crore

Vanuatu, Antigua, Panama...: Countries where you can buy citizenship for as low as Rs 1 crore

A growing number of wealthy Indians are reportedly seeking to switch their citizenships to havens that offer tax benefits, safety, better lifestyle options, and fewer regulations. A recent report by Henley & Partners, a global leader in residence and citizenship by investment, claims that nearly 4,300 Indian millionaires are expected to leave the country in … Read more

Puerto Rican Competitiveness and Pillar Two

Puerto Rican Competitiveness and Pillar Two

Puerto Rico Tax Competitiveness and Pillar Two Skip to content profit shiftingProfit shifting is when multinational companies reduce their tax burden by moving the location of their profits from high-tax countries to low-tax jurisdictions and tax havens. . Pillar Two, the global minimum taxA tax is a mandatory payment or charge collected by local, state, … Read more

AICPA Comments on Proposed Regs on Excise Tax on Repurchase of Corporate Stock

AICPA Comments on Proposed Regs on Excise Tax on Repurchase of Corporate Stock

The American Institute of CPAs (AICPA) has submitted comments to the Department of the Treasury and the Internal Revenue Service (IRS) on the excise tax on repurchase of corporate stock proposed regulations, which address the application of the new excise tax on repurchases of corporate stock under section 4501. Section 4501(a) was enacted as part … Read more