Finance - Blue Finessence

State and ING agree on sale of Alt-A portfolio

Jeroen Dijsselbloem, Minister of Finance, and ING have agreed on the unwinding of the Illiquid Assets Back-Up Facility (IABF). This facility involves a portfolio of US Alt-A mortgage-backed securities. The termination of the IABF is in line with the government vision of unwinding government interventions in the financial

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

Van 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

Government 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

Dutch 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

State 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

5 Payment Card and E-Wallet Management Tips for First Jobbers

Landing your first job is a crucial milestone that not only jumpstarts your career, but also fulfills your financial goals. This is because having a source of income can significantly boost your cashflow. And that allows you to budget better, save, and even invest in wealth-building. That being

Scale Your NP Practice with Confidence: Mastering the Basics

Nurse practitioners (NP) are increasingly stepping into the entrepreneurial world, opening their own practices to meet growing healthcare demands. However, success in clinical care doesn’t automatically translate into success in business. The financial underpinnings of a practice are just as crucial as clinical expertise. Without a solid financial

Best Asset Location for TIPS Ladder: Taxable, Tax-Deferred, or Roth?

If you are a DIY investor (or professional financial planner) that is looking to geek out on the intricacies of the tax treatment for holding Treasury Inflation-Protected Securities (TIPS), check out the new paper Best Asset Location for a TIPS Ladder by Edward F. McQuarrie. I’ve been building

8 Best Places To Sell Used Designer Bags To Make Extra Money

Do you want to clear out space and sell your used designer bags? You can potentially make really good money selling used designer handbags! Getting rid of your used designer bags can be a great way to make extra income. To successfully sell your old designer purses, handbags,

Category: Finance