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In Asia, Focus On Big Tech Regs And Taxes

PYMNTS

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. Together, we are 80 percent of the region,” Indonesian Communications Minister Rudiantara told the newswire. The tax would be in force even when the companies are located offshore. Libra, Too.

Taxes 133
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New Digital Taxes Loom On Tech Firms In Europe

PYMNTS

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales. Health Records and Google.

Taxes 130
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Banks are leaving the Caribbean. It’s unfair and will backfire on the west | Kenneth Mohammed

TheGuardian

Financial ‘de-risking’ is making life difficult in vulnerable regions and will lead to more corruption and tax evasion Mia Mottley, once again, this time at Cop27 , chastised the west for being the main culprits in the climate crisis. Continue reading.

Taxes 75
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How To Sell Prepayment Provisions In Commercial Loans

South State Correspondent

To better learn how to position against it, we asked one of the top-performing lenders from a national bank how they sell against the declining balance prepayment provision. First, when positioning a loan to a potential borrower, the Banker tells us that he always starts out with a loan with no prepayment provision, or penalty.

How To 195
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Unicorns Drowse Through Summer

PYMNTS

The dog days of summer are upon us, and so as bankers head to the beach, shall we assume the flight to market has hit a snooze button? The firm, according to the Canadian press, has hired Alexandra Dagg to help get ahead of efforts in various locations in Canada to tax and restrict hosting services in general.

Tennessee 100
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Taking China’s eCommerce Lessons On The Road

PYMNTS

We see a lot of opportunities in those new regions. Vietnam and India were the first markets we entered, and we have seen faster than expected growth in those regions, which gives us a lot of faith in the future growth yet to come,” Ning noted.

Regional 154
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Profits in a time of inflation: what do company accounts say in the UK and euro area?

BankUnderground

The profit measure we use is earnings before interest and taxes (EBIT), which is a standard accounting measure. This measure naturally avoids some of the issues that distort the national accounting data, such as the inclusion of non-market income, tax and self-employment or mixed income. Dotted line is a linear trend.

Company 102