Dutch government to tackle international tax avoidance
The Netherlands will improve tax transparency and update tax treaties with low-income countries and low middle-income countries. Tax treaties with Zambia and 22 other poor countries will be revised to allow the incorporation of anti-abuse clauses where necessary. This was announced by Ploumen, Minister for Foreign Trade and
Read MoreVan Dijkhuizen Committee: lower tax rates with a very long first bracket, fewer tax deductibles and simpler benefits will lead to more jobs
The Van Dijkhuizen Committee advises the government to opt for an improved tax system with lower rates and a very long first bracket, fewer deductible items and simpler benefits. According to the CPB Netherlands Economic Bureau for Economic Policy Analysis, these structural reforms will lead in the long
Read MoreGovernment wishes to sell shares in URENCO
The Dutch government wishes to sell its interest in URENCO, which provides uranium enrichment services for nuclear power producers. The Cabinet has agreed to this intention. The sale of the Dutch shares in URENCO can only take place, when the public interest in terms of non-proliferation, nuclear safety
Read MoreDutch minister of Finance makes offer for compensation due to the nationalisation of SNS REAAL
The Dutch minister of Finance makes an offer for compensation due to the expropriation of shares and subordinated debt of SNS REAAL and SNS Bank. The offer amounts to €0,- for both the expropriated shares as well as the subordinated debt. Source
Read MoreState of the Netherlands nationalises SNS REAAL
The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source
Read MoreBarclays cuts rates on some mortgages to below 4% amid US tariffs turmoil
Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live – latest updates Barclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the
Read MoreTrump’s trade war could pose ‘substantial’ threat to UK economy, says Bank
Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies A full-blown trade war would pose a “substantial” threat to the British economy, Bank of England governor Andrew Bailey has warned. Donald Trump struck Canadian and Mexican imports with new duties of 25%
Read MoreBank of England must proceed with caution over future rate cuts, says deputy governor
Dave Ramsden said gradual and careful approach needed to balance inflation risks and interest rate cuts Business live – latest updates Bank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahead as inflation risks rise, according to the
Read MoreBank of England deputy governor warns of increased inflation risks, as house prices rise again – business live
Sir Dave Ramsden says risks to the BoE’s inflation target as two-sided, requiring ‘gradual and careful approach’ to rate cuts Shares have fallen sharply across Asia-Pacific markets after Donald Trump announced that a new 10% tariff will be imposed on Chinese imports next week. China’s CSI 300 index
Read MoreMy Thoughts on Tariffs, Economic History, and the Market Decline
Below is a transcript from a recent podcast I did on the tariff news. My business that I use for my books and my speaking and whatnot is called Long Term Words, LLC. Now, the name of that is not very important. Nobody sees it unless I’m doing
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