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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

PYMNTS

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. The committee voted 12-10 Friday (Oct.

Taxes 212
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Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin

PYMNTS

By comparison, 2019 saw 9,200 stores closed as brands like Payless ShoeSource, Fred’s, Gymboree, Charlotte Russe, Family Dollar, Forever 21 , Charming Charlie, Sears, Kmart, A.C. And of course, the new year is roughly only a month old. Moore and GameStop either closed down entirely via bankruptcy or radically reduced their footprint.

Bitcoin 132
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Profits in a time of inflation: some insights from recent and past energy shocks in the UK

BankUnderground

Profits versus excess profits: measurement and trends Measuring profits is a challenging task : national accounts data are affected by the ‘mixed income’ of self-employed, taxes and subsidies, and conflate two different dynamics: those of the market and non-market (real estate and public) sectors. In Chart 2.b,

Capital 57
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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

The Comparison of Risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. For some banks, the amount of gas station and convenience store loans is about equal to loans to US businesses that are owned by foreign nationals. Consider the risk above.

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Should Obama ‘Heed The Call’ On Bitcoin?

PYMNTS

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., His comparison? Mandating exchange operators meet certain pre-set financial conditions, such as having a minimum amount of capital. Of course, that’s just what comes with the territory.

Bitcoin 100
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Stripe Sizzles, Auto Loans Fizzle And Sales Suck The Sizzle Out Of Retail

PYMNTS

Want tax cuts? Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. percent less according to the National Retail Federation. Plenty bad.

Retail 100
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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2016: #1. billion of assets and operates twenty five branches in the western suburbs of Chicago. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Summit also operates an insurance subsidiary.