As concerns about prevalence of artificial corporate practices designed to shift profits to a low-tax or no-tax jurisdiction, the Secretary-General of the OECD announced a global plan aimed at cracking down on such aggressive tax avoidance practices by corporate organizations. Forty countries will work together to ensure the framework to discourage companies from resorting to…
A delegation from the International Monetary Fund (IMF) vesting Antigua and Barbuda predicted good times for the economy of the Caribbean nation. Observing signs of improvement in economic activity, real DPG, and tourism, the leader of the delegation predicted 2014 GDP growth at two percent, which is an improvement over the 1.8% growth that the…
A delegation from the International Monetary Fund (IMF) vesting Antigua and Barbuda predicted good times for the economy of the Caribbean nation. Observing signs of improvement in economic activity, real DPG, and tourism, the leader of the delegation predicted 2014 GDP growth at two percent, which is an improvement over the 1.8% growth that the…
The USA and Canada have, for quite some time now, been the most preferred immigration destination for wealthy Chinese citizens. With the sheer volume of Chinese applicants attracting attention, it remains to be seen whether rich Chinese will continue to focus on these two countries or look for alternate options. With the wait for the…
Real estate data released by official sources indicate that Spain’s real estate market may be beginning to show first signs of a recovery. The implosion of the real estate industry that occurred six years ago trigged the worst recession even since Spain reverted to being a democracy. After having fallen by 40% in the last…