Search results

Global minimum tax on corporate profits is going ahead

Location:

INTERNATIONAL

Progress was made on the technical details of Pillar 1, the reallocation of taxing rights from host countries to those where a multinational operates, but US opposition has…

Crisis will cut profits, add risks for Turkish banks

Location:

TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Tighter global money risks exposing banks’ fault lines

Location:

INTERNATIONAL

Addressing the concerns this raises for banks' profitability, the Financial Services Agency announced that it would stress test Japan's 105 regional banks in mid-2019. Central…

US corporate tax reform depends on issue linkage

Location:

UNITED STATES

Corporate tax may be one area where it could be possible to find some common ground between the otherwise gridlocked Republican Congress and the Democratic White House. President…

Obstacles to US tax reform could curb Biden’s spending

Location:

UNITED STATES

With Congress in the legislative endgame over President Joe Biden's proposed USD4tn spending on infrastructure, education, research and clean energy, changes to the US tax code to…

US rating agency reform to rest on enforcement

Location:

UNITED STATES

The latest annual report of the Securities and Exchange Commission (SEC) on credit ratings agencies (CRAs).

Overheating may tighten Central Europe monetary policy

Location:

CZECH/HUNGARY

The meetings are expected to provide forward guidance on monetary policy. With consumer prices reaching a five-and-a-half year high in Hungary and a seven-month high in the Czech…

US education debt and cost debate will rise pre-2020

Location:

UNITED STATES

The debate around US college fees and debt reduction.

G20 countries will adopt new corporate tax accord

Location:

INTERNATIONAL

The rulings come as the EU advances legislation to increase transparency on corporate tax rulings and after the G20 on October 9 endorsed the new OECD Base Erosion and Profit…

Poland's economic outlook will be uncertain under PiS

Location:

POLAND

Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…