EU Tax Commissioner Gentiloni and Commission Vice President Dombrovskis speak on business taxation in the EU, in Brussels.
The latest U.S. proposal for a global corporate minimum tax of at least 15%, rather Than 21% as suggested before, is a step towards reaching a deal at the G20 financial leaders level, European Economics Commissioner Paolo Gentiloni said.
“It would be a step further on the way to reach an agreement,” Gentiloni told a news conference after a meeting of euro zone finance ministers in Lisbon.
“And I deem it quite possible to reach … an agreement in principle at the G20 Level. Then this agreement in principle should be translated into details and a lot of work to be done at the OECD level. So my view is a positive one,” he said.
The high net worth (HNW) offshore investment market, catering to affluent individuals with substantial financial assets, has witnessed steady growth over recent years. Valued at approximately USD 15.19
Rishi Sunak has embraced the challenge of narrowing the gap between the Tories and Labour in the current polls. Speaking to the Times, the prime minister emphasised his commitment to tax reductions,
Anti-corruption campaigners have called for the Government to do more to tackle financial crime in the UK’s Overseas Territories ahead of a key meeting this week. Senior representatives from Britain’s
Assets seized in Singapore’s biggest money laundering case have risen to more than S$3 billion ($2.24 billion) from S$2.8 billion in October, Singapore’s Business Times reported on Friday.The