Are all municipal bonds sustainable and impactful? Most investors would say yes.However, just as all businesses are not profitable, not all muni bond issuers and issues are highly sustainable.
In this interview, Paul Dickinson, head of tax at Themis Underwriting, talks to Dean Andrews, head of tax liability insurance at BMS Group, about forward-looking tax risks and the evolution of the tax liability insurance market in this space.
In 2015, the year world leaders signed the Paris Agreement and committed to the Sustainable Development Goals, I called for the adoption of an 18th SDG
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Possible Future Risk for U.S. Financial Services Companies
Global digitalization spurred by rapid advances in digital technology is enabling virtual business operations at a frenetic pace, including by insurance and other U.S. financial services companies. Without the need for physical presence or infrastructure in a specific jurisdiction, technological platforms facilitate the delivery of services on a worldwide basis, posing challenges to taxing authorities in collecting tax from online activities such as streaming services like Netflix, and digital intermediation services like Amazon (where the digital intermediation leads to the sale and purchase of goods) or Expedia (where the digital intermediation leads to the sale and purchase of services).