Trade in tax often trumps trade in tasks. The United States compiles data about Puerto Rico’s trade with the world. The largest supplier of imports to Puerto Rico? Ireland. The second largest? Singapore. Tax trumps gravity, it seems. Incidentally, Switzerland jumped into third place in the 2016 league table, leaping past other exporters of chemicals and Puerto […]
Covesting announces development of copy-trading platform for crypto assets. Offers details about the upcoming Pre-ICO. MOSCOW, Oct. 12, 2017 /PRNewswire/ — Digital fintech platform Covesting has set out a goal to make peer-to-peer asset management services available for all cryptocurrency market participants. Investors can easily browse through dozens of trading strategies, provided by professional crypto traders, and subscribe to […]
Nearly two-thirds of international tax professionals are preparing for transition to territorial system NEW YORK, Oct. 13, 2017 /PRNewswire/ — Seventy percent of respondents to a 36th Annual Ernst & Young LLP (EY) International Tax Conference poll indicated that they believe tax reform is likely to occur within the next six months and 63% are taking action to manage […]
Solution Powered by IBM Blockchain in Partnership with Stellar.org and KlickEx Group Collaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors TORONTO, Oct. 16, 2017 /PRNewswire/ — SIBOS: IBM (NYSE: IBM) today announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the […]
Switzerland, which developed cross-border wealth-management in the 1920s, once was in a league of its own as a tax haven. Since the 1980s, however, tax-dodgers have had a rich menu to choose from: They can hide assets anywhere from the Bahamas to Hong Kong. The percentage of global wealth held offshore has increased dramatically—but it […]
