corporate-tax
BankingDeutsche Bank CEO Says German Economy Needs ‘urgent’ Action
FinanceItaly’s Tax System Under Scrutiny as Study Shows It Favours Rich
Top StoriesIrish Centre-Right Parties Seek Coalition Deal as Trump Threat Looms
Top StoriesEU Closes Investigations Into Amazon, Starbucks and Fiat Tax Rulings
UK Budget Shows Government Doesn’t Understand Business, Says Retail Veteran
Date: November 28, 2024
LONDON (Reuters) – Britain’s tax raising budget shows the government does not understand business and it will drive prices higher, restrict pay and curtail investment, one of the country’s most experienced retail veterans said on Thursday. Criticism of finance minister Rachel Reeves’ Oct. 30 budget has been intense, particularly from business after she tapped companies...
The Netherlands Hosts the Highest Concentration of Holding Entities Worldwide
Date: November 27, 2024
Amsterdam, 12 November 2024 – Small country, big numbers: The Netherlands has become a global hotspot for holding companies. Recent data from BoldData shows that the country hosts over 527,000 holding companies, the highest concentration worldwide. The USA ranks second with 375,079 holdings, followed by France with 240,673. The Netherlands’ favorable tax policies and central...
Job Boom Creates Swiss Immigration Headache for EU Trade Talks
Date: November 26, 2024
By Dave Graham ZURICH (Reuters) – Switzerland is scrambling to keep a lid on immigration from its top trade partner, the European Union, as a jobs boom powered by the country’s low-tax business model turns population growth into a political hot potato. The issue helped derail talks in 2021 to overhaul rules governing some 300...
UK’s Halfords Faces $29 Million Increase in Costs From UK Budget
Date: November 26, 2024
(Reuters) -British bicycle and car products retailer Halfords Group on Tuesday forecast its future costs to increase by around 23 million pounds ($28.86 million) due to higher employer social security contributions following the UK budget in October. The 130-year-old company, which has retail stores, garages, mobile vans, and home delivery services, joins a growing number...
UK Employers Warn Tax Rise Will Hit Investment and Pay
Date: November 25, 2024
By David Milliken LONDON (Reuters) –British employers have been caught off guard by a 25 billion-pound ($31 billion) tax rise at last month’s budget and plan to cut training, investment and jobs in response, a leading employers group said on Monday. The Confederation of British Industry said a survey of its members showed 61% viewed...
Kingfisher Warns of 45 Million Pound Hit From UK and France Budgets
Date: November 25, 2024
By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Monday warned of a 45 million pound ($57 million) hit to 2025/26 profit from tax raising measures in government budgets in both the UK and France, sending its shares sharply lower. The group, which owns B&Q and Screwfix in the UK and Castorama and...