Search Results for: Brazil

THE EUROPEAN Commission today (March 18) gave competition law approval for France’s VINCI Airports to take over control of London Gatwick Airport from current owner Ivy Topco Ltd, a Cayman Islands registered company.

The European Union (EU) executive, acting as the EU’s senior competition authority, approved the deal which would see VINCI acquiring 50.01% of the issued share capital of Ivy Topco.…

RECOVERY in the global marine seismic survey market for oil and gas E&P (exploitation and production) is entering its third year, with the surviving leaders in the sector starting to sound more optimistic after making painful adjustments.

Business intelligence provider Visiongain (London, UK) estimated the value of the global marine seismic acquisition and equipment market at USD5 billion in 2018, far below the USD8 billion it estimated in 2014, but nearly 15% higher than in 2017.…

TRADE-based money laundering (TBML) continues to be a complex typology that is tough for law enforcement to detect and ML regulators to control.

The risk is that with Iran being subject to new USA sanctions, the use of TBML is going to grow in the short term, warn experts.…

TRADING partners with the European Union (EU) are concerned about the EU cutting the size of low duty import quotas once Britain quits the bloc, which it is scheduled to do on March 28.

The EU has released detailed plans to reduce the amount of some goods it allows into the EU, to take account of Britain exiting the single European market.…

THE WOOL industry worldwide needs to bolster its reputation for sustainability, amidst increasing siren attacks on its marketing position from animal rights and environmental activists, the 2018 International Wool Textile Organisation (IWTO) Wool Round Table, in Buenos Aires, Argentina, heard this month (December 3-4).…

The US and China at the G20 meeting in early December settled for a 90-day suspension of their bilateral trade war including a halt to any additional tariffs, but sourcing patterns are not going to become business-as-usual any time soon for China’s soybean sector.…

It is hard to avoid either a cosmetics store or an advertisement for one in Chinese cities today. A mind-boggling wave of new retailers set up by investment firms to cash in on the cosmetics and personal care boom are eagerly seeking franchisees around the country.…

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling sought by the USA on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US confectionery and sweet bakery and associated ingredient exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

THERE are few more complex accounting issues than transfer pricing (TP), and as the world’s economy becomes more integrated and tax jurisdictions impact each other, experts such as the OECD’s Tomas Balco are increasingly in demand.

Heading the OECD’s transfer pricing unit in the organisation’s Centre for Tax Policy and Administration, Balco commands an almost encyclopaedic technical knowledge of tax.…

*Brazil has been told to reform tax breaks given to Brazil-based manufacturers of automobiles and information technology products. The World Trade Organisation’s (WTO) appellate body has ruled that they break WTO rules on giving special tax favours to domestic producers over importers.…