The Prospective Global Tax System Reforms and Several Countries Opposed

by ShelfCompanies24 Office in Business, Economy

The statement on a two-pillar solution to address the tax challenges raised by the digitization of the economy was issued on July 1, 2021. The new rules was released by the Organisation for Economic Co-operation and Development (OECD). The Agreement renews important elements of the old international tax system, which is no longer adequate in…

202107.06

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Demand for Russian Gas Grows in Europe

by ShelfCompanies24 Office in Business, Economy

Europe has spent many years reducing its dependence on Russian gas. However, with the expected cold next winter, it will need more fuel than usual. Natural gas supplies in Europe have been reduced to a 10-year minimum, and as Citigroup forecasts, it will reach the lowest level in five years. Filling gas pipelines is connected…

202106.28

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Does Budapest Face Depopulation? Main Reasons and Outcomes

by ShelfCompanies24 Office in Economy

The population of Budapest, the capital city of Hungary, has been declining for five years. The number has significantly decreased by almost 13 000 and this can be partly explained by the pandemic. As a result, the demand in the real estate market has changed, as the urban population went to the countryside, searching for…

202106.24

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Digital Transformation and Taxation: Challenges and Possibilities

by ShelfCompanies24 Office in Business, Law, Tax

The consequential and regularly developing technology brought by the new era is rapidly changing businesses. Companies are investing in big data, automation, and artificial intelligence solutions to improve their business capacities. The pandemic has also pushed companies to accelerate the existing digitalization plans to have data and processes continuously available and operable securely to ensure…

202106.22

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Minimum Global Corporate Tax – The Changes Imposed by G7 Agreement

by ShelfCompanies24 Office in Business, Economy

Leading economies united in the G7 summit have agreed to impose a Global Minimum Corporate Tax of at least 15%. This decision will have a significant impact on the multinational corporations decitions in the coming years to move their businesses to offshore zones or to countries where taxes are lower. The tendency of relocating the…

202106.18

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EU Removing a Ban on Eight Banks Previously Banned from Bond Sales

by ShelfCompanies24 Office in Business, Economy

According to the European Commission, eight banks were previously excluded from syndicated debt sales backing the European Commission’s up to €800 billion (US$950.7 billion) Covid-19 recovery fund. On Friday the EU executive said that they will be allowed to take part in future issues. According to Dialogic, Many of the Banned banks are Europe’s go-to…

Author Archives: «ShelfCompanies24 Office»

The Prospective Global Tax System Reforms and Several Countries Opposed

Demand for Russian Gas Grows in Europe

Does Budapest Face Depopulation? Main Reasons and Outcomes

Digital Transformation and Taxation: Challenges and Possibilities

Minimum Global Corporate Tax – The Changes Imposed by G7 Agreement

EU Removing a Ban on Eight Banks Previously Banned from Bond Sales

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