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Didi Global Reports Record Transaction Value and Order Volume for June Quarter
Didi Global, the Chinese ride-hailing giant, announced on Wednesday that it achieved record highs in both order volume and transaction...
Aug 22, 20242 min read


Global ETF Industry Sets Record with 1,063 New Product Launches in First 7 Months of the Year
The global Exchange-Traded Fund (ETF) industry has launched a record-breaking 1,063 new products in the first seven months of this year,...
Aug 21, 20241 min read


Hong Kong Stocks Climb as Xiaomi and Baidu Lead Tech Rally Amid Investor Focus on Fed’s Jackson Hole Meeting
Hong Kong stocks advanced on Monday, driven by a robust rally in technology shares, building on the biggest gain in two weeks recorded...
Aug 19, 20242 min read


ATO Seeks High Court Appeal Following Federal Court Ruling in Favor of PepsiCo
The Australian Taxation Office (ATO) has applied for special leave to appeal to the High Court of Australia, challenging the recent...
Aug 12, 20242 min read


CySEC Slaps €740,000 Fine on Exelcius Prime Ltd for Multiple Violations
The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday the imposition of administrative fines totaling €740,000 on...
Aug 9, 20242 min read


Eurobank Completes Acquisition of Hellenic Bank Shares, Triggers Resignation of Key Board Member
Eurobank, a subsidiary of Eurobank Ergasias Services and Holdings, has successfully concluded its mandatory public offer for the...
Aug 8, 20242 min read


Central Bank of Cyprus Revises GDP Growth Forecast for 2024, Reflecting Limited Impact from Middle East Conflict
The Central Bank of Cyprus (CBC) has adjusted its GDP growth forecast for 2024 upwards to 3 per cent, reflecting an increase of 0.2...
Aug 7, 20243 min read


Transforming Tax Functions: The Cloud Revolution and Rise of AI in Tax Compliance
Cloud solutions are revolutionizing tax functions for the better, writes Russell Gammon, chief solutions officer at Tax Systems. Just...
Aug 6, 20243 min read


Chinese Firms' Global Expansion Presents Lucrative Opportunities for Citigroup
Chinese companies are racing to expand globally amid a competitive domestic market and slower consumption at home. Despite cultural...
Aug 5, 20243 min read


Tax Experts Warn Project 2025 Could Isolate US in International Tax Policy
Tax experts caution that Project 2025, a controversial policy framework proposing radical tax reforms, could isolate the US from...
Aug 2, 20244 min read


Australian Minister Revises Controversial Tax Ethics Rule Deadline
Australian Assistant Treasurer Stephen Jones has retreated from the original deadline for the implementation of new ethical rules...
Aug 1, 20242 min read


Proposed Changes to Tax Agent Registration in Australia Demand Proof of Good Governance
Individuals, partnerships, and companies aiming to register as tax agents in Australia must now demonstrate good governance according to...
Jul 31, 20242 min read


UK’s Digital Services Tax Faces Scrutiny Amidst Calls for Repeal Following Pillar One Developments
The UK's digital services tax (DST) might be repealed in light of the predicted implementation of pillar one, according to a tax expert,...
Jul 30, 20243 min read


Lack of Risk Visibility Leads to Customer Rejection and Financial Loss for Companies
A lack of risk visibility is causing companies to reject customers and potentially lose money due to fears of violating anti-money...
Jul 25, 20243 min read


Alex Gerko Loses Legal Appeal Against HMRC Over Deferred Payment Plan Taxation
Alex Gerko, billionaire founder of British trading firm XTX Markets, has lost a legal appeal against HM Revenue and Customs (HMRC)...
Jul 24, 20242 min read


Federal Reserve Fines Green Dot $44 Million for Unfair and Deceptive Practices
The Federal Reserve Board of Governors has fined financial technology and bank holding company Green Dot $44 million for numerous unfair...
Jul 23, 20242 min read


EAC Advances Plans to Secure Large State Land Plots for PV Parks, Says Director George Petrou
The Electricity Authority of Cyprus (EAC) is progressing with efforts to secure extensive state land plots for the construction of...
Jul 22, 20242 min read


Canada’s 3% Digital Services Tax Faces Backlash Amid US Trade Tensions
Canada’s decision to impose a 3% digital services tax (DST) on large foreign technology companies has sparked criticism from local...
Jul 19, 20244 min read


Central Bank of Cyprus Reports Deceleration in House Price Index for Q1 2024
The Central Bank of Cyprus (CBC) has observed a deceleration in the House Price Index (HPI) for both houses and apartments in the first...
Jul 17, 20242 min read


Labour Party Pledges to Close the UK’s Tax Gap: Implications for Business
The Labour Party has made bold promises to address the UK’s ‘tax gap’, a subject that has garnered increasing public attention. Following...
Jul 16, 20243 min read
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