The Spanish savings banks (SSBs) built-up excess capacity and risk concentration influenced by many stakeholders’ interests, including politicians in their decision-making bodies. SSBs were not subject to typical market discipline mechanisms, and blurred competences between the central government and the … Read More
Although this is not a tax topic, it will influence the way we think and will probably make life less taxing. The authors of Tribal Leadership declare work-life balance as a nonsense concept. According to them if you let it, … Read More
Since opening our offices in Qatar we cannot but share the momentum that the region poses for Private Equity.
As reported by the CFH Group, the Private Equity in the MENA region can be summarized as follows:
A. Market / … Read More
In 2008 the Spanish Government chose to ‘eliminate’ wealth tax by applying a 100% exemption, instead of derogating the law. On 17 September 2011 the wealth tax was reintroduced by the Spanish Government as an ‘emergency economic measure’. The 100% … Read More
The Tax Exchange agreement was published in the Spanish Gazzette the 15/7/2011
As per article 1, the agreement will facilitate that the competent authorities of the Contracting Parties shall provide assistance through exchanging information that is foreseeably relevant to the … Read More
The tax reliefs under the Enterprise Investment Scheme (EIS) for investing in small company shares have been enhanced from 6 April 2011, with 30% income tax relief now available.
With small businesses finding it increasingly difficult to raise finance through … Read More
There is speculation that the 50% tax rate for those earning over £150,000 could be abolished by 2013. Both the Chancellor George Osborne and the Business Secretary Vince Cable have recently confirmed that the rate is considered to be temporary … Read More