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Enel S p A : The Monitor for Circular Fashion announces the results of the first circularity Report of the Italian fashion sector
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Josoor Insitute continues to build expertise on the road to Qatar 2022
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Ambitious tax initiative only start of long and difficult road: analysts
Xinhua
13 Jul 2021, 06:55 GMT+10
ROME, July 12 (Xinhua) When finance ministers from the world s largest economies agreed to push for a minimum global corporate tax, it was hailed as a major victory in an effort to make it harder for big companies to dodge taxes. But analysts said it s only the start of a long and difficult road and the hardest part of the process is yet to come. Finance and economy ministers from the Group of 20 (G20) countries, after two days of talks in Venice, on Saturday agreed to start work on adopting a minimum 15-percent global corporate tax rate for multinational companies something the ministers called a more stable and fairer international tax architecture. The agreement came days after the Organization for Economic Cooperation and Development (OECD) adopts a similar objective.
Paytm Identifies Key Leadership With IPO DRHP In Sight
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-Financial services platform Paytm has strengthened its leadership team ahead of its much awaited initial public offering (IPO)
-On July 12, shareholders of One97 Communications, the parent company of IPO-bound Paytm, agreed to its proposal of raising INR 16,600 Cr IPO
-The Noida-based online payment firm is all set to bag INR 12,000 Cr through freshly issued shares and INR 4,600 Cr through secondary elements where investors will sell their stake directly
With its sights set on an attractive draft red herring prospectus (DRHP) for investors Paytm has identified nine executives within the organisation as key managerial personnel, according to sources in the organisation. The DRHP is likely to be issued later this week.
Ambitious tax initiative only start of long and difficult road: analysts
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