Uncategorized
Changes to how multinational companies and giant tech firms are taxed globally may be on the horizon, resulting in a curbing of investment in lower corporate tax jurisdictions. In the wake of the US Treasury secretary’s recent proposal to introduce a global corporate tax rate, now finance ministers from
Uncategorized
This week Russia’s foreign minister, Sergei Lavrov, on a visit to China, declared that Russia’s relations with the European Union are over, because the EU had destroyed long-term mechanisms between the two sides. Now, he said, Moscow would be dealing with individual European states instead of Brussels. For
Uncategorized
None of France’s pharmaceutical companies have signed a contract with Russia to produce its Sputnik V COVID-19 vaccine, a spokesman for France’s industry ministry said on Tuesday. The French reaction followed media reports by the head of Russia’s RDIF sovereign wealth fund stating an agreement had been
Uncategorized
As part of the 2030 Digital Compass targets, the European Commission aims to introduce a series of benchmarks to be achieved by the end of the decade. The ultimate goal for the bloc is to become “digitally sovereign.” The EC aims to mitigate the risks stemming from EU data being
Uncategorized
Despite striking a deal with the EU on a four-month freeze of the tariffs they slapped on each other over subsidies for aerospace giants Boeing and Airbus, the new US administration is still in a troubling trade war situation with Brussels. The previous US president left his successor with a
Uncategorized
In a letter sent to MEPs some of Europe’s largest industries lobby groups called the European Union to change their position on the bloc’s planned carbon border policy in a last-minute attempt to preserve protective measures. The industry lobby attempt comes ahead of the European Commission’s widely