Germany is at risk of becoming as politically polarized as the U.S. amid huge farmer protests over subsidy cuts, Agriculture Minister Cem Özdemir has warned. “This is a dangerous divide that can lead to conditions like those in the USA,” Özdemir told Germany’s Funke media group in an interview, according to reports Tuesday. “People no … Read more
In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more
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People walk past an entrance to the U.S. Internal Revenue Service building in Washington, U.S., April 7, 2023. REUTERS/Tom Brenner Acquire Licensing Rights WASHINGTON, Nov 7 (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the Internal Revenue Service will be able to electronically accept 20 additional tax forms by early 2024, but … Read more
We are pleased to announce the 2023 list of NAPA Top Women Advisors! Congratulations all! This year, as in years past, the nominees—more than 500 of them—were asked to respond to a series of questions, both quantitative and qualitative, about their experience and practice, as well as their accomplishments, their contributions to the industry, the … Read more
Music City—Here We Come! The National Association of Plan Advisors (NAPA) is excited to announce that registration for its 2024 NAPA 401(k) Summit is now open. It will take place among the glitz, glamour, and entertainment in Nashville, Tenn., April 7 – 9, 2024. And it’s time for retirement plan advisors—and those who support them—to … Read more
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[1/2]British Chancellor of the Exchequer Jeremy Hunt attends the Britain’s Conservative Party’s annual conference in Manchester, Britain, October 2, 2023. REUTERS/Hannah McKay Acquire Licensing Rights Hunt cannot commit to pre-election tax cuts Repeats Sunak’s mantra of ‘tough decisions’ Truss will put more pressure on government MANCHESTER, England, Oct 2 (Reuters) – British finance minister Jeremy … Read more
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Air France CEO Anne Rigail attends a pannel at the Women’s Forum for the Economy and Society in Paris, France, November 29, 2022. REUTERS/Christian Hartmann/file photo Acquire Licensing Rights PARIS, Sept 28 (Reuters) – Air France (AIRF.PA), airport group ADP (ADP.PA) and motorway operators criticised the French government’s plans to impose a new tax on … Read more
The Nordic country wants to protect its ‘unspoilt nature’ from overtourism with a new nightly fee. Iceland plans to introduce a tourist tax to help protect its unspoilt nature. ADVERTISEMENT The Nordic country has seen a sharp rise in tourists over the past decade. Visitor numbers grew by more than 400 per cent between 2010 … Read more
James K. Galbraith In a recent CNN interview, Paul Krugman of The New York Times finds it hard to understand why ordinary American voters do not share his euphoric view of US President Joe Biden’s goldilocks economy – which appears to be neither hot nor cold. Inflation is falling, unemployment remains low, the economy is growing, and stock … Read more
Tom Reynolds, who was appointed at the institute’s annual general meeting on Thursday, said the new rules should be phased in and that Revenue should go easy on companies that don’t comply at first. The tax will apply to firms with revenues of more than €750m from January next year, pending new legislation to be … Read more