The UK-based global charity Oxfam published a study on corporate tax havens and how they deprive countries of billions of dollars in funds.The top five corporate tax havens are: Bermuda, Cayman Islands, The Netherlands, Switzerland and Singapore. The full list of corporate tax havens are shown below: Click to enlarge Source: TAX BATTLES – The dangerous …
Technologies continue to evolve with new and improved products and processes improving people’s lives every day. Some of the technologies such as bioinformatics and Artificial Intelligence(AI) have been around for years. But some of the new ones are still in earlier phases of growth. These include things like blockchain, big data analytics, drones, stem cells, …
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The U.S. expenditures on defense is higher than any other country in the world. The incoming Trump adminstration plans to spend even more to make America great again. Directly and indirectly the weapons and related-industries employs millions of people in the country provoding them high-quality well-paid jobs. Among the top 10 defense contractors, the top five …
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The US Federal government collects more taxes each year from individuals than corporations in the form of income taxes. This may be surprising to some people since the US corporate income tax is one of the highest in the world and companies earn far higher earnings as profits than most individuals. The following chart shows …
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Emerging markets have still a long way to go before they catch up with developed markets in terms of GDP per capita. This figure is calculated by taking the overall GDP of a country and dividing it up for each individual in the country. Despite explosive growth in emerging markets in the past few decades, …
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