IMF - Tax Coordination Can Lead to a Fairer, Greener Global Economy
By Vitor Gaspar, Shafik Hebous, Paolo Mauro - IMF
Technology, globalization, and global warming have changed the world, and taxation must keep pace. With a mouse click, individuals can move money across borders and cor...(more)
China’s Securities Supervisory Agency Mulls Move to Break Audit Deadlock With U.S.
Regarding one of the core issues in the cross-border supervision of Sino-US audits, whether the audit working papers can be inspected by overseas regulatory agencies, the relevant laws may be clearly explained, so that the audit papers of Chi...(more)
How War in Ukraine Is Reverberating Across World’s Regions
By Alfred Kammer, Jihad Azour, Abebe Aemro Selassie, IIan Goldfajn and Changyong Rhee
International Monetary Fund
Beyond the suffering and humanitarian crisis from Russia’s invasio...(more)
Rethinking Fiscal Policy and Debt for a Post-Pandemic World
By Gita Bhatt Editor-in-chief, Finance & Development
International Monetary Fund
Nearly a century ago, Joseph Schumpeter wrote, “The spirit of a people, its cultural level, its social structure…all this and more is w...(more)
Middle East M&A activity scales 51% in 2021
BY ZAINAB MANSOOR GULF BUSINESS
The Middle East recorded strong M&A (mergers and acquisitions) activity with 665 deals in FY 2021, up 51 per cent from 439 witnessed in 2020, a new study has revealed.
Meanwhile, the region&rs...(more)
Taxation for cryptocurrency, Non-Fungible Tokens (NFT) in Taiwan
Taxation for “cryptocurrency, Non-Fungible Tokens (NFT) such as dog-themed crypto Shiba Inu SHIBUSD, Bitcoin BTCUSD, Ether ETHUSD, Meme token Dogecoin DOGEUSD or any virtual currency in Taiwan
UAE to introduce federal corporate tax on business profits from 2023
The UAE Ministry of Finance has set a rate of 9 per cent for taxable income exceeding AED 375,000 / USD 112,110 (USD 1 : AED 3.6725).
The UAE will introduce a federal corporate tax on business profits from the financial year starting on or after Jun...(more)
The key message of the IMF’s annual Article IV review of the economy
While China’s many challenges have no easy answer, the key message of the IMF’s annual Article IV review of the economy is that rebalancing toward a more consumption-based model will boost growth prospects in the sh...(more)
UBS report for 2022
UBS report for 2022 pointed out that 2022 will be a year of two halves, with high rates of economic growth and inflation in the first half, then lower growth and inflation in the second.
In the decade ahead, investors should seek oppor...(more)
HSBC outlook for the first half of 2022
HSBC Strategy Research report pointed out that if economic growth rebounds in line with or above expectations, it will open the door to "pretty aggressive" policy tightening by the Federal Reserve.
On the other hand, the Fed is unlikely to ...(more)