Negotiators from 131 countries have agreed to reconsider taxing the world’s largest multinational corporations. It is an attempt to thwart complex international evasion plans that cost governments billions in revenue. Globalization and the growing digital economy are big plans to better deal with the world by making it easier to move profits from one jurisdiction to another. The agreement reached …
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France calls for higher minimum tax rate at G20 summit
France wants a higher minimum tax rate for global companies than the minimum 15 percent proposed so far. This was stated by French Finance Minister Bruno Le Myre during the G20 summit currently being held in Venice, Italy. Le Myre hopes to reach the top tax agreement among the world’s leading trading nations. Le Myre said he was “very confident” …
Read More »Statistics: Imports and exports have halved from May to May
As of May 2021, exports had increased by 1.5 billion euros, 47 per cent year-on-year, and imports by 1.6 billion euros, an increase of 50 per cent. “Export and import prices have also been affected as commodity prices continue to rise,” said Evelyn Pura, Estonia’s chief analyst. It is also worth noting that the May 2020 reference base was at …
Read More »The parent company Peugeot and Fiat are investing $ 30 billion in electric driving
Stellandis has it Announced Thursday. The car team wants 70 percent of sales in Europe by 2030 to be an electric-powered model. In the United States, four out of ten cars must be electric. Five gigafactories Part of the investment is to develop new battery technologies without nickel and cobalt. There is a lot to do, especially about that last …
Read More »Google court in the United States for abuse of power in the Play Store
Google is running an unfair competition with the Play Store and its own payment system, which is judging in various states of the United States. Google is forced to use its own payment billing system for payments, but Google defends its policy. Google Play Store Contest Google targets a new lawsuit in the US Federal Supreme Court. Many US states …
Read More »The best half-year in the history of Volvo
Best half year in Volvo history Volvo Cars sold 380,757 new cars in the first half of 2021. This is 41 percent more than in the first six months of last year. In June, Volvo sales rose 11 percent to 68,224 cars. Root base Send Email 5 July 2021 10:33 The increase in the various regions of the world were …
Read More »Concerns among Dutch entrepreneurs after the cyber attack
Affected Dutch SMEs are concerned about the consequences of a major cyber attack last weekend. Many cyber security officials have been receiving calls regarding the hack. Insurers who have contracts with cyber security officials are also regularly called. “Many customers ask: What now?” Says Dave Masland, director of the Dutch division of cyber security company ESET. The company estimates that …
Read More »Morocco plans to open embassy in Israel
4 July 2021 – 19:40 – Morocco © Morocco is one of four Arab countries, with the United Arab Emirates, Bahrain and Sudan normalizing relations with Israel. The kingdom is reportedly planning to open an embassy in Tel Aviv. The Kingdom plans to turn the fully renovated liaison office into an embassy. Morocco continues its normalization process with Israel. In …
Read More »Complete improvement in design including Grand Prix for Deodorant title
Through Degree Inclusive, Unilever, along with Wunderman Thompson, created the world’s most inclusive deodorant. At the Cannes Lions International Creativity Festival, it won the Grand Prix in the Invention category. It seems so simple: having a good workout, spraying or rolling with deodorant after a shower and you feel fresh again to begin with. This is not so clear to …
Read More »New York Stock Exchange closed for Independence Day
Stock markets in New York will close on Monday as Independence Day is celebrated in the United States last Sunday. July 4, July 4, 1776 was a national holiday in which the United States adopted the Declaration of Independence. Business on Wall Street will resume Tuesday. New York indices rose further over the weekend on Friday after a better-than-expected employment …
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