The yen has slipped past ¥150 against the dollar for the first time in more than three decades. The latest decline came as the Bank of Japan (BoJ) said it would launch an emergency bond-buying operation, offering to purchase ¥250bn ($1.7bn) of government debt as it works to pin down yields even as long-term interest rates rise globally.
New year, New Rules. Since 1st January 2024, new EU rules have come into effect, introducing a minimum rate of effective taxation of 15% for multinational companies active in EU Member States. We are currently facing the implementation of rules agreed upon in the global agreement on international tax reform of 2021, known as “Pillar...
Between 22 and 26 January, the Italian bank purchased 4,678,776 treasury shares, at a weighted average price of 26.5864 euros, for a total turnover of over 124 million euros.The purchases took place as part of the first tranche of the 2023 buy-back programme launched on 30 October, in implementation of the authorisation granted by the...
New rates for tax credits reserved for companies that increase wages. Announced the review of tax benefits for foreign tourists.
DEFINITION: Taxes are mandatory contributions paid in cash by individuals or corporations and they’re levied by a government entity, if somebody don’t respect the payment of taxes, it’s tax evasion and is punishable by law. Taxes are the primary source of revenue for most of the government and as a result it’s very important that...
The collapse of Silicon Valley Bank has caused ripple effects around the world. Let’s see what happened.
Italy introduces measures impacting non-Italian resident investors, including taxes on capital gains from the sale of unlisted shares in certain entities
Italy introduced a new Investment Management Exemption (IME). Who can benefit from it?
Embedded finance is gaining more and more popularity among not financial companies because it allows them to incorporate inside them original financial solution, like e-commerce platforms’ new payment methods and it brings multiple benefits both to end users, who will be offered greater convenience, faster transactions and savings in time and effort, and to...
What's EU's blacklist and why is Russia in it now?
