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...According to the finance ministry, corporation tax receipts for November — typically a bumper month — were €6.3bn, a 27 per cent or €1.3bn rise compared with the same month last year....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
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...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
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...For chip design giant Nvidia, the boom in artificial intelligence has coincided with a useful period of unusually low tax rates. A decade ago the company’s effective tax rate was 17.4 per cent....
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...I am reading in the FT that Martin Gruenberg, chair of the US financial regulator, the Federal Deposit Insurance Corporation, has criticised the rescue of Credit Suisse (“Credit Suisse rescue deal was unhelpful...
...Apple’s global iPhone shipments declined 9.6 per cent in the first three months of 2024 compared with the same period in 2023, according to a report from the International Data Corporation....
...That is generating a windfall of some €10bn to €12bn a year and the government expects surpluses totalling €46bn between 2023 and 2026....
...One may doubt the diplomatic wisdom of the decision of the chair of the US Federal Deposit Insurance Corporation to criticise the Swiss government’s handling of the Credit Suisse failure (Report, April 11...
...Chinese anti-corruption authorities are investigating a senior executive at one of the country’s top military equipment suppliers, China Electronics Technology Group Corporation, in a new sign of turmoil...
...Declining tax rates accounted for a hefty 22 per cent of the profit growth of S&P 500 non-financial groups in the three decades to 2019, a study by the Federal Reserve’s Michael Smolyansky has shown....
...The list of investments businesses can use to lower their corporation tax bill could be broadened, but alongside something to reduce the built-in bias towards debt financing....
...BlackRock said it had “paid all of its UK corporation tax, including the payment some time ago of all tax due in relation to this matter”, and that the “purpose of this hearing relates to the operation of...
...Corporation tax — a tariff on profits — is particularly influential....
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...KKR’s funds plan to house assets moving off the balance sheets of corporations, banks and insurers looking to simplify their operations or fund stock buybacks....
...The nation also boasts a vibrant civil society and has a requirement for large listed corporations to give 2 per cent of their net profits to charitable causes....
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