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Tax departments face more uncertainty

Additional reasons for uncertainty in 2022 include surging inflation, interest rate increases, war in Europe, global minimum taxes and the continuing pandemic adding to worries.

The Limits of Convergence and the Road Ahead - Rewiring Globalization

Country-specific proposals to rewire globalization that account for development and competitive advantage are instructive but the overall debate suffers from isolation. What is needed is a multidisciplinary effort to broaden discussions to the many policy facets of globalization, with a focus on equity.

Q2 index outlook: DJIA, Nasdaq, DAX, and FTSE

2.4% These high-level figures, not surprisingly, show that the traders are already pricing in an expected outperformance of the US economy over Europe, though based solely on these two variables, the UK’s FTSE 100 is perhaps the most attractive given its low valuation and optimistic near-term economic outlook. Below, we highlight a couple of critical themes and the key technical levels to watch on each index this quarter: The benchmark 30-stock US index serves as the de facto “stock market” for most Americans, and by that measure, things have been going pretty well over the last year. While the DJIA has missed out on some of the most extreme winners over the past year like Tesla Motors (TSLA) and Gamestop (GME), it’s nonetheless managed to gain more than 40% over the last year alone. Looking ahead, the index remains within a healthy uptrend, with prices consistently finding support on any short-term dips toward the 50-day EMA (currently near 32,500). As long as this gener

COVID-19 Pushes Tax into the Spotlight as Strategy for Resilience

COVID-19 Pushes Tax into the Spotlight as Strategy for Resilience 02/23/2021 | 09:33am EDT Send by mail : Message : Taxation of digital products and services will have the greatest impact on total tax liability Mapping the effects of the pandemic is tax executives’ No. 1 priority for 2021  While an economic downturn had long been anticipated, no one expected a pandemic would plunge the globe into economic chaos with such exacting scope and speed. When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020, tax became an integral part of business response and planning for relief. In fact, 99% of tax executives said they’ve been involved in their organization’s response to the economic slowdown caused by COVID-19, according to the

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