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Top StoriesGerman Cabinet Agrees to Expand Tax Relief to Boost Economy
Tax the Super-Rich, Ex-Leaders Tell G20
Date: July 11, 2024
By Marcela Ayres BRASILIA (Reuters) – Former presidents and prime ministers have sent an open letter to current leaders of the world’s 20 largest economies urging support for a global tax on billionaires, which they called a rare political opportunity. The move comes as Brazil’s G20 presidency, which put the proposal on the table in...
North Sea Oil Producers Urge Labour’s Starmer for Tax Clarity
Date: July 5, 2024
North Sea oil producers urge Labour’s Starmer for tax clarity By Ron Bousso LONDON (Reuters) – North Sea oil and gas producers urged Britain’s incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and revenue. Starmer’s...
How Startups Can Maximize R&d Tax Credits in 2024
Date: June 27, 2024
How Startups Can Maximize R&D Tax Credits in 2024 The U.S. government supports innovative companies. Each year, it offers tax breaks through the R&D Tax Credit program. This helps businesses create new tech, products, or methods and aids those improving existing ones. Now, startups can benefit, too. A new law from 2023 lets these young...
Shein’s pre-IPO Charm Offensive Hits Roadblocks in Europe
Date: June 10, 2024
Shein’s pre-IPO charm offensive hits roadblocks in Europe By Helen Reid and James Davey LONDON (Reuters) -As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe’s retail industry and lawmakers. As citizens of 27 countries vote in European Union elections, European manufacturers of fabric, clothes, leather...
German Experts Cut Their Tax Revenue Forecasts for 2024-28 by 1.5%
Date: May 16, 2024
German experts cut their tax revenue forecasts for 2024-28 by 1.5% By Maria Martinez BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next five years by 1.5% on Thursday, which could add another layer of complexity to already challenging negotiations for next year’s budget. The council now...
Don’t Let Entity Structure Hold Back Your Global Expansion Plans
Date: May 14, 2024
Don’t Let Entity Structure Hold Back Your Global Expansion Plans By: Bjorn Reynolds, CEO at Safeguard Global Expanding a business globally is a significant step for any organization. It offers vast opportunities alongside significant challenges – one critical challenge being selecting the appropriate entity structure for international operations. This choice is pivotal as it impacts...