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...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...The company has been without a permanent CEO since November after the departure of Luis Berruga, who had spent five years as chief executive and about a decade with the firm....
...The enactment of the first “pillar” of the OECD-brokered reforms, which would make big tech groups and multinationals pay more tax in the place they do business, has stalled in the US amid opposition from...
...The UK asset manager has kicked off the search for a replacement for Alastair Barbour, who has been on the board since April 2011 and took over as chair in September 2019....
...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
...Without confident and unimpeachable news output, the corporation itself has little reason to exist....
...Fellow board members Emma Howard Boyd and Quintin Price resigned, and at the AGM in September, 15 per cent of shareholders voted against Barbour’s re-election. Barbour remains in the post....
...By the early 20th century, control of these corporations was beginning to shift away from the founder or their descendants....
...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....
...Across the US, the effective tax rate paid by large profitable companies is far lower than the statutory rate....
...for ALL-WEATHER DOG WALKERS Waxed coat, £329, barbour.com for DATA-HEADS Apple Watch Ultra 2, from £799, apple.com for HARDCORE HOBBYISTS Upholstery course, £127, createacademy.com for CITY KIDS WHO...
...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...
...Overall in the year to date, corporation tax has raised €22bn compared with a little over €21.1bn in the first 11 months of last year....
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
...Ireland is awash in cash from corporation tax revenues paid by tech and pharma companies....
...Next has been scooping up brands in recent years including Joules and taking a majority stake in Reiss and also sells labels including River Island and Barbour....
...The padded black Barbour jacket I sometimes wear on the motorbike screamed “Choose me!” but I decided it was way too scruffy for the office and unlikely to see off the very worst of the season....
...But in the corporate world, it is set to become a lot less lucrative. New international tax rules will restrict the scope to profit from arbitrage and curb a race to the bottom in corporate tax rates....
...Corporation tax receipts have more than tripled in the past eight years and hit a record of €22.6bn last year....
...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....
...But the roughly 300 experts from banks, insurance companies and corporations surveyed by the institute judged the current economic situation to be poor, with an index reading of minus 80.5...
...Britain has the lowest corporation tax rate in the G7, despite raising it by 6 percentage points to 25 per cent in April....
...Tracy Blackwell Chief Executive, Pension Insurance Corporation, London EC3, UK...
...At present, a branch of the main clearing house the Depository Trust and Clearing Corporation, called the Fixed Income Clearing Corporation, is the only venue where Treasury trades are cleared....
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