Weighing Windfall Tax Impact
The rationale behind implementing a windfall tax is to capture a portion of these windfall gains and redistribute them for the public good...
Tag : revenue
UAE implements stricter corporate tax measures
With the Corporate Tax Law, the ministry made the modifications to bring pertinent legislation up to date and give the taxable population the essential direction of the UAE tax system...
IF Insights: Have the sanctions against Russia worked?
One of the primary objectives of the sanctions was to limit Russia's access to the global energy market and reduce its ability to export oil...
Square jumps 6% after Guggenheim names it ‘best idea’ in fintech
The global financial services and advisory firm raised its price target to $100 from $75 and called Square its “highest conviction name” in financial technology...
Preparing new commercial contracts differently after Brexit
That the UK will leave the European Union is undeniable. There is only a very small chance left that the UK will stay. What therefore does this mean for commercial contracts, and how can businesses approach the challenges that may come as a result?...
Investors may soon find Iraq interesting
According to World Bank, economy is expected to grow by 7.2% despite the hurdles...
KPMG International aggregated revenue for FY16 is $25.42 billion
Growth driven by investments in innovation, alliances and people December 14, 2016: KPMG International announced aggregated network revenues of $25.42 billion for the fiscal year ending September 30, 2016 (FY16), representing an 8.0% increase in local currency terms. “KPMG’s strong FY16 results, in what remains a slow-growth global environment, are a testament to the passion and innovative thinking we...
PwC reports revenue growth of $35.9 billion
Total workforce count reaches new record October 4, 2016: The PwC network reported total global gross revenues of US$35.9 billion for the fiscal year ended on 30 June 2016. At constant exchange rates (local currency), PwC’s total global revenues rose by over 7%. “The strength of our brand, the opportunities we provide for our people,...
India clears historic GST Bill
Likely to benefit through growth in investments and revenue August 4, 2016: With the passage of the Goods and Services Tax (GST) Constitutional Amendment of Bill in the Upper House of Parliament on August 4, a decade-long wait finally came to an end. Many term it as the next big reform in India after liberalisation...
Turner & Townsend grows global turnover to £409m
Turnover jumps eight per cent July 27, 2016: The global professional services consultancy Turner & Townsend has increased its turnover by eight per cent to £409m in the year ended 30 April 2016. The company, which employs nearly 4,300 staff across 97 offices worldwide, has now notched up six consecutive years of revenue growth. Its...