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London’s Dirty Little (Money Laundering) Secret

PYMNTS

office were facilitating tax evasion and money laundering. regulators didn’t seem inclined to take any real steps toward looking into the claims about BSI’s role in tax evasion at the time. A former employee at Swiss bank BSI, who worked at the bank’s U.K. But as the FT’s reports showed, U.K.

Taxes 100
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African Dictator’s Son Stands Trial For Money Laundering

PYMNTS

The trial got under way after the United Nations denied a request by Equatorial Guinea at the end of last year to halt proceedings on the argument that Obiang is covered by diplomatic immunity. Obiang is the son of the country’s president, Teodoro Obiang Nguema.

Taxes 145
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Let’s take a look at the difference between PPF and NPS

BankBazaar

We’re here to tell you the difference between the National Pension Scheme (NPS) and the Public Provident Fund (PPF). When launched in January 2004, it was exclusively meant for government employees. It is a risk-free scheme as the returns on invested sum are completely tax exempted. Are you new to investing? What is NPS?

Taxes 79
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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. From 1990-2004, US home ownership rose 7.45% to 69.2% It expanded by 262% from 1990-2004 and by over 369% through 2008. from 1965-1990.

US 52
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Morning Scan: Former Salomon Chief Dies; Iran to Create 'Bad Bank'

American Banker

Court Orders Banks to Pay Tax on Bonuses: The U.K.’s ’s highest court ordered UBS and Deutsche Bank to pay taxes on shares given to employees more than a decade ago as bonuses.

Taxes 28
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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. In 2Q18, Bucks County median prices rose year-over-year by 3.9%, compared to the national Case Shiller index at over 6.0%.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters. Real GDP was +3.2%

Marketing 146