International politics
Climate refugees, international terrorism, peace deals, and geopolitics galore—this page covers the trends and news that will influence the future of international relations.
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https://www.euronews.com/business/2024/08/07/italy-doubles-billionaires-tax-on-wealthy-new-arrivals
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Euronews
Locals had criticised the previous tax rules after rich expats buying property in Italy sent house prices spiking.
Italy's government has approved an increase in the annual flat tax applied to income earned abroad by new fiscal residents in Italy.The annual fixed fee will jump to €200,000, from...
Italy's government has approved an increase in the annual flat tax applied to income earned abroad by new fiscal residents in Italy.The annual fixed fee will jump to €200,000, from...
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https://koreatimes.co.kr/www/nation/2024/06/356_376794.html
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Koreatimes
Opposition parties call plan 'politically motivated' President Yoon Suk Yeol is pursuing real estate and inheritance tax reforms in an effort to address challenges amid low approval ratings, even though the plan will likely face setbacks in the opposition-controlled National Assembly. According to the presidential office, it is currently considering new reforms to Korea's real estate and inheritance tax system.
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https://www.pewforum.org/2015/04/02/religious-projections-2010-2050/
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Foreign Affairs
As of 2010, nearly a third of the world's population identified as Christian. But if demographic trends persist, Islam will close the gap by the middle of the 21st century.
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https://www.bbc.co.uk/news/articles/cqv5l6vnvqjo
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Bbc
So the story of Amazon, since it was founded by Jeff Bezos in 1994, has been one of explosive growth, and continual reinvention.There has been plenty of criticism along the way too, over "severe" working conditions and how much tax it pays.But the main question as it enters its fourth decade...
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https://www.lexology.com/library/detail.aspx?g=9e350936-b825-4906-83ae-b64bcfcd1509
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Lexology
The Matheson Summer 2024 Horizon Tracker has been distributed to our clients this week. In recent editions we have planned a publication date near to the end of the domestic legislative session so that we can document progress on legislation listed in the Government Legislation Plan, in this case the plan published in April for Summer 2024.
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COUNTRY FORECASTS
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https://taxfoundation.org/blog/global-tax-agreement/
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Taxfoundation
Latest Updates
A draft of the multilateral treaty for Pillar One was published in October 2023, and a deadline of June 30 for a final agreement has come and gone. The agreement between the US and several nations with discriminatory digital services taxes has also lapsed. Canada, which was not...
A draft of the multilateral treaty for Pillar One was published in October 2023, and a deadline of June 30 for a final agreement has come and gone. The agreement between the US and several nations with discriminatory digital services taxes has also lapsed. Canada, which was not...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.globalissues.org/news/2024/06/27/37075
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Globalissues
Organisations fighting inequality and hunger, such as the Oxfam coalition, support calls for the world's rich to be taxed more fairly. A new study, sponsored by Brazil, will be the basis for debating the issue among the world's most powerful economies. Credit: Oxfam by Humberto Marquez...
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COUNTRY FORECASTS
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https://www.huffpost.com/entry/bc-eu-europe-apple-european-union-tax-case_n_66e04d81e4b0b3a5341b3227
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Huffpost
BRUSSELS (AP) — Apple on Tuesday lost its last bid to avoid paying 13 billion euros ($14.34 billion) in back taxes to Ireland, in a finale to a dispute with the European Union that centered on sweetheart deals that Dublin was offering to attract multinational businesses with minimal taxes across...
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COUNTRY FORECASTS
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https://sociable.co/government-and-policy/globalists-world-govt-population-reduction-truth-commission-system-currency-un-charter/
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Sociable
Unelected globalists want to rewrite the UN Charter so that it 'could articulate the rules of a World Parliament' for 'world citizens' with binding legislative & enforcement powers that eliminate State sovereignty: perspective
A Club of Rome and Council for the Human Future roundtable outlines a...
A Club of Rome and Council for the Human Future roundtable outlines a...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/air-india-sends-ferry-flight-to-russia-for-stranded-us-bound-passengers/articleshow/111859599.cms
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Economictimes
Air India said on Friday a plane with food and other essentials was on its way to pick up passengers stranded in Russia after the previous day's San Francisco-bound flight made an emergency landing there.An Air India airplane flying from Delhi to the West Coast city made an emergency landing in...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://lenpenzo.com/blog/id84182-black-coffee-3-aug-2024.html
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Lenpenzo
It's time to sit back, relax and enjoy a little joe ...Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.I've got another busy weekend ahead of me, so let's get right to this week's commentary ......
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https://www.nytimes.com/2024/07/07/world/europe/france-election-key-players.html
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Nytimes
France has been governed for the past seven years by President Emmanuel Macron and his centrist government. The vote on Sunday has turned into a race between the two main opponents of Mr. Macron's Renaissance party: the far-right National Rally, which has surged in popularity, and a newly formed...
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https://economictimes.indiatimes.com/news/economy/policy/loss-making-mncs-liable-to-pay-tax-on-india-setup/articleshow/113533445.cms
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Economictimes
Multinational companies (MNCs) using various outfits in India or engaging people to promote, operate and grow their businesses from the Indian market will have to pay tax attributable to such setups even if these MNCs report losses in their global balance-sheets.This was laid down by a...
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https://www.nzherald.co.nz/business/property-insider/JPPVFAEUKJBUFAAJB7XGEW6OWI/
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Nzherald
New Zealand has been found to top the OECD when it comes to the portion of income spent on rent. Photo / Thomas Winz
Kiwis are spending so much of their income on rents, we've earned an unwelcome top spot; the Government plans next year to reverse Labour's tenancy law changes; how long will Kiwi...
Kiwis are spending so much of their income on rents, we've earned an unwelcome top spot; the Government plans next year to reverse Labour's tenancy law changes; how long will Kiwi...
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https://www.dailysignal.com/2024/08/28/kamala-trillion-new-taxes/
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Dailysignal
WATCH: Presidential Race Heats Up During 'Brat Summer' as Harris Finally Agrees to Interview A Year After Hawaii Fire, Rebuilding Has Barely Begun What Is Secret Service Hiding About Trump Assassination Attempt? Are We Already In a Recession?
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https://www.jurist.org/news/2024/07/slovakia-parliament-adjusts-controversial-criminal-code-in-response-to-eu-concerns/
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Jurist
Slovakia's national parliament backtracked on its controversial criminal code following concerns from the European Union, with 77 deputies voting in favor of new amendments on Tuesday. This change comes after Slovakia's Constitutional Court deemed some of the most contested amendments to the criminal code constitutional.
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https://www.scmp.com/news/china/article/3271476/chinas-trade-mexico-not-reciprocal-says-finance-minister-echoing-us-concerns
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Scmp
US-China relations Learn more Mainland GDP growth comes 'at expense of North America', so only logical that both Americans and Mexicans demand fair share of global demand US-China relations Igor Patrick. Sino-Mexican trade is not reciprocal and the North American country must review China's practices, its finance minister said on Saturday, echoing American concerns about industrial overcapacity.
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https://globalnews.ca/news/10727156/canada-digital-services-tax-us-trade-dispute-talks/
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Globalnews
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The U.S. has requested trade dispute settlement consultations with Canada over its new digital services tax, the Biden administration said on Friday, adding that the "discriminatory" tax appears...
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The U.S. has requested trade dispute settlement consultations with Canada over its new digital services tax, the Biden administration said on Friday, adding that the "discriminatory" tax appears...
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https://www.news24.com/news24/world/news/uks-labour-sweeps-to-power-as-sunak-concedes-election-20240705
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News24
Keir Starmer's Labour Party is set to win a historic parliamentary majority, unseating Rishi Sunak's Conservative government after 14 years. Labour is predicted to win around 410 seats out of 650, while Conservatives have won 70 so far, marking a significant defeat for them amidst a cost of living crisis and public dissatisfaction.
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https://www.phonearena.com/news/apple-loses-court-battle-owes-14-billion-to-irish-government-in-back-taxes_id162423
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Phonearena
Apple has been ordered to pay a staggering fourteen billion dollars (€13b Euros) in back taxes to the Irish government following a final ruling by Europe's highest court. This decision marks the end of an eight-year legal battle between Apple, the Irish government, and the European Union. The core issue was Apple's tax arrangements in Ireland, which the EU deemed illegal state aid.Apple channeled revenue from its EU sales through its Irish headquarters, taking advantage of Ireland's low corporate tax rate and special arrangements that further reduced its tax burden.
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https://www.businessoffashion.com/news/retail/south-africa-will-impose-new-tax-on-fast-fashion-parcels/
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Businessoffashion
Importers of low-value parcels destined for South Africa will soon pay value added tax, the country's tax authority said, as an interim measure to protect a clothing industry facing fierce competition from international e-commerce players such as Shein.The move follows other countries, including...
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https://www.livemint.com/politics/news/macron-beat-the-right-but-france-lost-more-11720774413575.html
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Livemint
If Europe's cosseted political and media class had any sense—improbable, but bear with me—they'd recognize the magnitude of the disaster that befell them this past weekend in France. Instead, they believe that the legislative election result constitutes a win.
Superficially, it was a...
Superficially, it was a...