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This week, the Treasury Department added several new appointees as staffing continues following President Biden’s inauguration. Among them were three scholars of international tax policy: economist Kimberly Clausing and law professors Rebecca Kysar and Itai Grinberg. These three will be influential in developing the administration’s approach to changing U.S. tax rules for multinational corporations and…
Read MoreTax professionals rate which of the president’s proposals they expect to see him pursue. Original Article Posted at : https://www.accountingtoday.com/news/tax-pros-predict-biden-tax-changes
Read MoreEvery death related to anesthesia is a tragedy; even more so when a minor procedure such as a colonoscopy leads to a completely unexpected death. Everyone knows that open heart surgery carries a mortality risk, but few of us walk into the hospital for a colonoscopy thinking that death is a plausible outcome. We know…
Read MoreAccounting Today’s editors pick the best new and most improved tools and resources for accountants from the past 12 months. Original Article Posted at : https://www.accountingtoday.com/list/the-2021-top-new-products
Read MoreLodgepine Capital Management Limited, the retrocessional reinsurance ILS fund management unit of Markel Corporation, had a “terrific” year in 2020, delivering double-digit returns on its portfolio which largely avoided any loss impacts during the period. Markel launched the retro reinsurance investment manager in late 2019, bringing a new insurance-linked securities (ILS) strategy to market focused…
Read MoreToday’s mortgage and refinance rates Average mortgage rates inched higher again yesterday. Although that was the latest in a recent series of increases, those rates are still nearer to the […] Original Article Posted at : https://themortgagereports.com/74150/mortgage-and-refinance-rates-today-february-04-2021
Read MoreIt’s always worth a look at Evan Greenberg’s comments when it comes to quarterly reporting from global insurance and reinsurance giant Chubb and the latest reporting yesterday holds a wealth of insight into factors that can help to make ILS returns increasingly attractive. We don’t mean the returns ILS funds generate from any business Chubb…
Read MoreRadiation oncology has been around for a century, and, at first, advancements in the field came rapidly. The evolution of X-rays and CT scans to inform treatment. Intraoperative radiation therapy. Technology that allows for tailored dose distribution. But for the past 20 years, the pace of innovations seemed to slow. We remained stymied, for instance,…
Read MoreKey Findings The EU budget agreement reached in 2020 called for a new digital levy as a funding mechanism. Evidence on the taxes paid by digital companies calls into question the arguments in favor of a digital levy. EU policymakers should focus on continued implementation of digital VAT policies and ongoing international negotiations rather than…
Read MoreSince the 2008 financial crisis, financial transaction taxes (FTTs) have been debated as a potential instrument to address financial market instabilities and as a source for tax revenue. Today’s map shows which European OECD countries impose a type of FTT. FTTs are levied on the trade in financial instruments such as stocks, bonds, or derivatives.…
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