European companies

The Inflation Reduction Act’s buyback tax restrains public company growth – Competitive Enterprise Institute

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The Inflation Reduction Act’s buyback tax restrains public company growth - Competitive Enterprise Institute

The Biden administration and a Democratic-controlled Congress imposed a new tax on corporate stock buybacks as part of the Inflation Reduction Act passed in 2022. It hasn’t gone well. Corporations use stock buybacks to grow. Buybacks signal to a company’s shareholders that the company’s investments are in demand and that the firm is in good financial health. That incentivizes investors to want to … Read more

Europe stock pickers go old-school to ride the next wave in AI

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Europe stock pickers go old-school to ride the next wave in AI

European stock pickers are turning to more established sectors like utilities, professional data providers, and copper miners to tap into the next wave of the AI boom.

EU excess profit tax could generate over €100 billion per year, study finds

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EU excess profit tax could generate over €100 billion per year, study finds

Fact: A permanent tax on European companies’ excess profits could generate more than €100 billion per year, or over half of the EU’s annual budget.