The Future of Professional Report highlights the significant impact of Generative AI (GenAI) on business strategies, with 94% of C-suite executives believing it will substantially alter their plans. Corporate tax leaders must embrace and integrate GenAI to succeed in the rapidly evolving digital landscape. However, effective integration requires careful planning and preparation. To leverage this … Read more
You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more
Michael Brochstein/ZUMA Press Wire / SplashNews.com / Michael Brochstein/ZUMA Press Wire / SplashNews.com Because of her late start in the 2024 presidential campaign, vice president and presumptive Democratic nominee Kamala Harris has not had much time to roll out an economic platform. She was expected to do so this week, though what she unveils might … Read more
The Federal Reserve must go big with a supersized 50 basis point interest rate cut in September to get ahead of a looming economic storm, warns the CEO of a leading independent financial advisory and fintech. The warning from deVere Group’s Nigel Green comes as consumer prices in the US inched up modestly last month, adding fuel … Read more
Exploring the transformative impact of SAP Clean Core on financial data management for streamlined operations and improved compliance. ← Blog home In the realm of financial data management, SAP Clean Core is changing the way businesses handle their financial information. This new strategy simplifies and streamlines financial data within SAP systems, propelling organizations towards enhanced … Read more
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
After 18 months of non-stop hype and rapid-fire launches of new, easily accessible consumer-facing tools, it may seem like everyone is experimenting with generative artificial intelligence (GenAI). In fact, according to the new Thomson Reuters Future of Professionals Report, almost two-thirds (63%) of professionals working in the legal, tax, and risk & compliance sectors say … Read more
This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Sign up for Dispatches to get stories like this one as soon as they are published. Reporting Highlights Job Promises: Washington lawmakers approved a tax break for data centers to create more jobs in rural Washington, but they can’t say … Read more
POWER HUNGRY | Second in a Seattle Times and ProPublica series about the impact of data centers in Washington. This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Times Watchdog stories dig deep to hold power accountable, right wrongs and create change. This work is made possible by The … Read more
Democrats in the Senate are daring their GOP colleagues to vote against a $78 billion tax package that would expand the child tax credit and boost tax breaks for companies with large capital and domestic research expenditures. A procedural vote on the stalled bill, which passed the House in an overwhelmingly bipartisan vote in January … Read more