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...A landmark global tax deal targeting the world’s largest companies is struggling to come into force as political support in the US and other key jurisdictions falters....
...“We can say with reasonable confidence at this point that the era of corporation tax overperformance is coming to an end.”...
...Defaults on bankers’ acceptance bills peaked in the second and third quarters last year....
...A third of last year’s record corporation tax receipts came from just three tech and pharma companies....
...This was a reference to the historic restriction of stock exchange members to 1,399, a number set by the Corporation of London....
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
AI juggernaut remains on course to report another record annual gain this year
...demand for the publicly funded corporation....
...The calls for the childcare allowance scheme to be extended to students with children come months after the sector experienced a sharp drop in acceptances to study nursing at university last year....
...“There’s a mindset issue in terms of acceptance of mistakes and risks. You go bust in America, you get another chance....
...Recommended reading Amid last week’s IMF/World Bank spring meetings in DC, I had the pleasure of doing an Oxfam panel on the post-neoliberal world with some top development economists, including Nobel laureate...
...Formed through the merger of 46 electronic research institutes and 26 state-owned companies, CETC has 200,000 employees, making it one of the biggest defence groups in the world....
...The City of London Corporation, which owns the London Wall West site, will seek to entice a private sector developer to take on the project....
...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...
...Jonathan Munro, deputy chief executive and director of journalism of BBC News, declined to comment on the tax probe, but said: “Everywhere in the world we will pay every tax that is legally due against the...
...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....
...These were the companies which, some people believed, would soon be ruling the world. That did not happen....
Acceptance of government’s offer would end long-running wave of industrial action
...One wonders if these people have such short memories that they have forgotten what happened to the world when Lehman Brothers collapsed. Arrogance shouldn’t be confused with wisdom....
...Evergrande, the world’s most indebted property developer, defaulted in late 2021 with more than $300bn in liabilities highlighting China’s property sector crisis and liquidity crunch....
...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....
...Behind the malaise lies the growth of lab-grown diamonds and their acceptance as a cheaper alternative to natural ones: it is common for half the diamonds sold by US retail jewellers to be lab grown....
...“But . . . you’ve got a bunch of inexperienced people who all have different objectives, and few of them have really been in a corporate world. So policy is very mixed here.”...
...The board of the International Finance Corporation is meeting on Thursday under growing pressure to pay compensation to alleged victims of child sexual abuse in a network of schools in Kenya operated by...
...But the low acceptance rate by minority shareholders did not matter much to Kitao, who knows his way around the rules....
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