The Automotive industry is one of the important industries in the European Union(EU). The industry provides millions of well-paid jobs and is critical to the economy of some countries such as Germany. In this post let’s take a look at some of the fascinating employment-related facts about this industry. According to the The European Automobile …
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The US tax system is one of the most complex in the world. The tax code is 6,871 pages long according to one estimate. When all the guidelines and regulations are included it goes to 75,000 pages ! The reason for the complexity is the tax code constantly gets updated with all kinds of exclusions, …
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The most valuable listed company in Europe is French luxury giant LVMH Moet Hennessy Louis Vuitton SA (LVMUY). At the end of 2022, its market capitalization stood at $342.0 billion Euros. In US dollar terms, it was $426.0 billion as of close of Jan 20, 2023. Below is a short except from a recent journal …
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The Dividend Withholding Tax rate for foreign investors in Chilean equities used to be 35%. This rate has been reduced to 23.9041123%. This is a welcome news for ADR holders. Below is the YTD returns of Chilean ADRs trading on the US exchanges: Click to enlarge Source: BNY Mellon Last year Lithium miner Soc. Quimica …
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