Guernsey, Jersey, other havens rake in revenue from global minimum tax
Tax havens are projecting big windfalls after they raised their corporation tax rates to align with OECD rules intended to prevent large corporates shifting profits.
afr.com • Primary: Business & Economy • English
Chronological feed of stories from The Australian Financial Review (AFR)
Tax havens are projecting big windfalls after they raised their corporation tax rates to align with OECD rules intended to prevent large corporates shifting profits.
As funds grapple with the broader challenge of maintaining financial stability, their efforts risk being undermined by Canberra’s constant temptation to tamper with the rules.
The Iconic has turned 15, and made its first profit. Its challenge is to stand out from the crowd.
Deutsche Bank, Singapore’s SeaTown Holdings, Wingate and Balmain are all set to be paid out under the new deal.
Representatives of AustralianSuper, Rest and AMP questioned the government’s choice to exclude banks from the institutions that can give limited guidance.
Daiichi’s bid to extract the annuities company from the ASX has some way to play out because investors want a bid of at least $13 per share, or $8.7 billion.
He will be a partner at Rangeley and transfer liquid assets from his family office, Raper Capital, into the new fund.
Leonard Blavatnik has promised to financially support Foxtel’s owner Dazn for another 12 months as it aims for profitability and a public listing.
The November 3 vote could unsettle equities as investors weigh the risks of a divided or fragile government and subsequent policy shifts.
The gold retailer became a national phenomenon at the peak of the boom as staggering queues formed outside its flagship store in Sydney’s Martin Place.
Australian shares set to drop; Brent above $US116; Australian dollar at 70.22¢; US, Europe, Japan central banks meet this week. Follow live here.
Business & Economy
The populist party’s stated policy on foreign ownership raised the spectre of a fire sale. But Barnaby Joyce clearly understands how important it is to Australia.