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5 Reasons Why You Must Visit BRANDS Stores
As a pioneer in the menswear industry, BRANDS has established a strong presence in the Dubai market since its launch in 2004. With an ambitious mission grounded in style, sustainability and affordability, the retail channel retail has amassed a growing customer base in the Middle East. From its first store on the street of Deira, …
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Up to 60% of corporation tax could be temporary, tax advice warns – The Irish Times
Up to 9 billion euros, or 60% of corporation tax levied by the government, could be “temporary”, meaning it should not be counted on in the future, said the Irish Tax Advisory Council (Ifac). In its latest report, the financial watchdog said the government’s overreliance on volatile and vulnerable corporate tax revenues posed a significant …
AI Pioneer Pupil Acquires Leading UAE Surveying Company
Pupil expanded into Dubai in 2021, becoming the first company to achieve Dubai Land Department Certified Surveying Company status in over five years. The acquisition of ASME will facilitate its rapid growth in the region. Founded by James D. Marshall and Oliver Breach, Pupil has created next-generation technology through a five-year R&D program. The company …
YouTube’s Biggest News Channels Deliver Company News, Not Alternate Views
Despite the proliferation of fringe ideologies on Youtube– and the availability of truly alternative information out there – the video hosting service protest status can be exaggerated. A FAIR analysis of the 100 most subscribers Youtube news channels around the world have found that the majority of the platform’s major news channels are not independent. …
Creating a Culture of ESG Excellence – Corporate Governance
To print this article, all you need to do is be registered or log in to Mondaq.com. Companies that view environmental and social governance (ESG) as mere compliance or dismiss the practice as a regulatory burden are missing opportunities. Preparing a company to manage ESG can seem daunting, but this information about your impacts and …
Unwinding of non-SPCC structures – Corporate tax
May 26, 2022 Moodys Private Client Law LLP To print this article, all you need to do is be registered or log in to Mondaq.com. A Canadian-controlled private corporation (“CCPC”) that earns investment income is subject to a refundable tax regime. The CCPC pays higher up-front corporate tax (approximately 50% depending on the …
The annual BeingShe Excellence Awards will be held on June 12
The BeingShe organization will hold its annual Achievement Awards on June 12 at the Sofitel Hotel in Downtown Dubai under the patronage of Shaikh Juma Bin Maktoum Al Maktoum. The BeingShe Awards of Excellence recognize and reward female talent in eight broad categories including Materials, Wellness, Business, Human Resources, Corporate, Hospitality, Media and Art as …
We will maintain a high level of corporate governance—Seplat
By Aduragbemi Omiyale The outgoing chairman of Seplat Energy Plc, Mr. Ambrosie Bryant Chukwueloka (ABC) Orjiako, assured that the company will continue to maintain a high level of corporate governance. Speaking last Thursday at the closing ceremony of the gong to honor him and introduce his successor, Mr. Basil Omiyi, to the market, the energy …
Major Korean companies and start-ups commit to improving corporate culture and environment
Leaders of major Korean companies pose after signing an agreement on Tuesday to improve their corporate culture and environment at the headquarters of the Korea Chamber of Commerce and Industry (KCCI) in central Seoul. [KCCI] Major Korean companies and leading start-ups have signed an agreement to work on creating stable jobs, sustainable development, improving corporate …
Chaebol groups and startups team up to reshape corporate culture
Business leaders pose during a ceremony celebrating the declaration of the New Entrepreneurship Initiative at the headquarters of the Korea Chamber of Commerce and Industry in central Seoul on Tuesday. (Yonhap) From large chaebol groups to fledgling startups, South Korean companies vowed on Tuesday to work together to revamp the country’s rigid corporate culture and …
Why Nigeria Rejected the OECD Corporate Minimum Tax Agreement – FIRS
By Adedapo Adesanya Lagos State has signed the C40 Clean Air Cities declaration alongside Abidjan, Accra, Addis Ababa, Dakar, Ekurhuleni, Freetown, Johannesburg, Nairobi and Tshwane to improve air quality. Governor Babajide Sanwu-Olu revealed in a statement that he is committed to improving air quality for his citizens, adding that it is the responsibility of every …
A Canadian Tax Lawyer’s Analysis of Corporate Tax Residency – Corporate Tax
Starting point of tax law and its link with corporation tax The starting point of tax law in Canada is section 2 of the Income Tax Act. Subsection 2(1) provides that “income tax shall be paid, as required by this Act, on taxable income for each taxation year in each person residing in Canada at …
Manresa will market the prestigious Teuta residences in Montenegro
Manresa, a boutique real estate agency based in Dubai, since 2016, recently collaborated with Teuta Residences, a 5-star branded residence located in the heart of Montenegro. The resort takes its name from Queen Teuta, leader of the Illyrian Ardiaei tribe, who built her summer residence in the area to later become a key settlement and …
Companies prefer to remain unlisted despite the tax advantage
Although the corporate tax levied on listed companies is lower than that of their unlisted counterparts, many companies in Bangladesh do not wish to join the stock market as they want to avoid the obligation to ensure good corporate governance. business, regularly disclose financial information and comply with other rules. In addition, their tendency to …
VPN Technologies: Corporate Governance Disclosure
VPN Technologies Inc. (there “Company“) Form 58-101F2 Corporate Governance Disclosure board of directors Directors are considered independent if they have no direct or indirect material relationship with the Company. “material relationship” is a relationship that could, in the opinion of the board of directors (the “Plank“), is reasonably likely to interfere with a director’s exercise …
Luckin Coffee Announces Corporate Governance Changes
Adopts new Board term limit and announces updated Board composition New board members bring important skills and experience BEIJING, May 20, 2022 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced the adoption of a new directorship, the resignation of two directors (Mr. Wai Yuen Chong and Mr. Gang …
Fflow hires a new leader to accelerate its growth
Thomas brings over 20 years of experience in a wide range of industries to the UK. Prior to joining Floward, she held a number of management positions, including Category Manager Gifts and Flowers at Moonpig.com, the UK’s leading online card retailer, Head of Fashion Commerce at eBay UK, the world’s largest marketplace, as well as …
TPI Composites Announces New Corporate Governance
Adopts majority voting standard for uncontested elections Commits to seek shareholder approval to remove supermajority requirements in incorporation documents Highlights Emphasis on best practices in corporate governance and responsiveness to shareholders SCOTTSDALE, Ariz., May 19, 2022 (GLOBE NEWSWIRE) — TPI Composites, Inc. (Nasdaq: TPIC) (“TPI” or the “Company”) today announced that its Board of Directors …
Asus unveils the new Zenbook 2022 range
Image Credit: Supplied Asus has unveiled its all-new 2022 lineup of high-performance Zenbook Pro and Zenbook S series laptops at an online launch event called The Pinnacle of Performance. The new Zenbook Pro and Zenbook S portfolios include standard, convertible and dual-display laptops ranging from 13-inch to 17.3-inch, all featuring a modern new design and …
Bezos praises Manchin for blocking Biden’s corporate tax hike
Jeff, the billionaire founder of Amazon Bezos’ praise for Sen. Joe Manchin’s obstruction of his own party’s poverty and climate action agenda ‘tells you everything you need to know’ about right-wing Democratic lawmaker, progressive organizers mentioned Sunday, as Bezos weighed in on inflation and government spending. Bezos tweeted that the West Virginia Democrat saved the …
UAE announces introduction of federal corporate tax system
The United Arab Emirates Ministry of Finance (MoF) announced on January 31, 2022 the introduction of a Federal Corporate Tax (CT) scheme which will apply to all companies in the United Arab Emirates, exception of those operating in the extraction of natural resources (which will remain subject to emirate level corporate taxation). The UAE CT …
GCG ranks PDIC ‘outstanding’ in corporate governance scorecard during pandemic year
the Governance Commission for Government-Owned or Government-Controlled Companies (GCG) recently recognized the Philippine Deposit Insurance Corporation (PDIC) as one of the top bureaucracy GOCCs with an “outstanding” rating in the Corporate Governance Scorecard (CGS) implemented by GGC for 2020. The annual assessment through the CGS aims to determine the corporate governance performance of the GOCCs …
Renee Supermarket is now open in Dubai’s Jumeriah Village Circle
Customers will find a range of international products in the newly opened Dubai Supermarket, including fresh fruit, vegetables, meat, bakery, rice, juices, ice cream and gluten-free and gluten-free milk options. dairy products. For customers on the go, there are ready-to-eat cut fruits of the day, snacks, chocolate, protein bars, and keto cookies readily available. To …
Non-Domicile Tax Category “The Cyprus Special” – Corporation Tax
May 13, 2022 CYAUSE Audit Services Ltd To print this article, all you need to do is be registered or log in to Mondaq.com. A non-dom is a person who lives in a country but does not have the same domicile as that country. Once an individual is born in a particular country, …
Netflix changes company culture memo to emphasize importance of artistic freedom
Updated May 13, 2022 1:29 PM ET Anyone looking for a job at Netflix will be greeted with something different when they view the company’s statement on its internal culture. First reported by Variety, Netflix has added a section on “artistic expression,” which pledges to allow audience members to make their own choices. “We program …
SeaBubbles presents its flying capsule at the Future Innovation Summit
With common goals, Seabubbles and space capsules must pack the highest energy density with efficient motors in the lightest possible weight in order to defy gravity and fly. The Future Innovation Summit is held at the Meydan Hotel on May 11-12 for two days of in-depth exploration of various topics such as NFTs, climate change, …
Scope and Overview of Corporate Governance Services Market to Grow with Increased Global Focus on Industrialization 2028
A new study on the Corporate Governance Services Market makes a detailed assessment of current opportunities, upcoming revenue areas, and current and projected valuations of various market segments, assessing the economic impact of COVID-19. Assessments that span multiple pages include identifying key growth drivers, restraining factors, key revenue growth trends, and avenues ahead. The global …
Corporate governance: inflation and the Fed
It was the Fed’s policy playbook: Help Republicans Win and Keep Power. Fed Chairman Jerome Powell was named Fed Chairman by Trump and then reappointed by Biden. Jerome Powell, when asked by Senator Warren about companies that are raising prices and making record profits, replied: “Because they can”.1 And an example of what corporations do …
City Hive launches corporate culture standard to counter diversity greenwash
Launching a new framework to create cultural change and enable professional fund buyers to drive a movement towards more diverse, equitable and inclusive businesses By signing up, investment management firms can effectively communicate their progress to all stakeholders, including retail fund buyers. Founding signatories include Schroders, Legal & General IM and Aviva Investors – the …
European stocks up; Positive Corporate News Boosts Sentiment By Investing.com
© Reuters. By Peter Nurse Investing.com – European stock markets traded higher on Tuesday, rebounding from a broad sell-off as investors search for bargains, although the combination of rising interest rates and slowing economic growth continues to cause concern. As of 04:10 ET (0810 GMT), Germany was trading down 1.5%, France 1% and Britain 0.7%. …
PPG shareholders vote to improve corporate governance and eliminate supermajority voting requirements
PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today resumed its adjourned annual meeting virtually at which shareholders voted to amend the company’s articles and bylaws to replace supermajority voting requirements. PPG’s Board of Directors had recommended that shareholders vote “FOR” the proposal, improving PPG’s corporate governance practices. “We are proud that our shareholders voted to replace supermajority voting requirements, …
Tricia Nicholas Makes Her Mark in Corporate Governance | Arts & Hobbies
Since 2005, Tricia Nicholas’ love for corporate governance has grown. Corporate governance is a system by which companies are directed and controlled. For Tricia, her experience and legal training make her the ideal candidate for this position. She joined Dolla’s financial services team as a paralegal and executive assistant in June 2020. In January 2021, …
Ontario Auditor General Finds Corporate Tax Estimates in Budget’s Three-Year Fiscal Plan Too Low and Contingency Funds Too Conservative
TORONTO, May 2, 2022 /CNW/ – The Auditor General is required by the Tax Sustainability, Transparency and Accountability Act 2019 examine the multi-year budget plan in a Ontario budget before a provincial election. The multi-year fiscal plan presented in Ontario’s 2022 Budget presents a reasonable forecast of the province’s finances for the next three years, …