On October 1, 2021, resolution n ° 906/21 issued by the National Securities Commission (Comisión Nacional de Valores or CNV for its Spanish acronym) was published in the Official Journal, calling for a public consultation on the promulgation of a dual listing regime (the Scheme) intended to promote foreign direct investment, increase exports and develop […]
Before the pandemic, foreign investment in Latvia was stable, at around 2-3% of Latvia’s gross domestic product. In 2020, foreign investment increased slightly, said Guntis Kalniņš, economist at Bank of Latvia. “In the first half of this year, the flow of foreign investment even doubled, which may seem contradictory to intuition. We see foreign funds […]
The Director General of the World Trade Organization (WTO) and former Minister of Finance, Dr Ngozi Okonjo-Iweala, recently expressed his concern over the drastic drop in foreign investment in Nigeria. She said the cost of doing business in the country remains “too high” to attract foreign and domestic investment into the economy. His concern expressed […]
Bitcoin hit a new high on Wednesday after taking another step towards mainstream status as the world’s largest cryptocurrency made a foray on Wall Street. A Bitcoin exchange-traded futures fund (ETF), a type of financial instrument, debuted on the New York Stock Exchange on Tuesday. The Bitcoin Strategy ETF rose almost 5% on its first […]
Underlining the “dominant position” of Karnataka in the aerospace and defense sector, the state government on Sunday made a strong plea for more foreign investment in these sectors, during the Dubai Expo 2020 . In a keynote address at the session on Opportunities in the Aerospace, Defense and Space Sectors of Karnataka at Dubai Expo […]
Long-term capital inflows to the Philippines surged in July, continuing a recovery in investment in the country this year after last year’s downbeat numbers due to the onset of the coronavirus pandemic, central bank data shows. . In a statement, the Bangko Sentral ng Pilipinas (BSP) said net foreign direct investment (FDI) inflows increased by […]
The Bangladesh Bank has suggested that Padma Bank – formerly Farmers Bank – vigorously seek foreign investment to finance its activities. In an Oct. 5 letter to the Financial Institutions Division, the central bank said it would be best if Padma Bank could fill its capital gap by bringing in investment from abroad. Earlier in […]
Donald Trump’s Washington hotel has racked up more than $ 70 million in debt, while claiming the property is raking in millions, according to a series of explosive documents released by the House Oversight Committee. The committee, chaired by Representative Carolyn B. Maloney, DN.Y., has effectively undertaken the first formal review and public release of […]
On September 14, 2021, the Cabinet of Ministers of the Kingdom of Saudi Arabia launched a new Standing Ministerial Committee for the Review of Foreign Investments (CEFI) that would review foreign investments for potential threats to national security. This development comes at an important time as the Kingdom opens its doors to foreign investment in […]
VSHina increasingly strives for self-reliance in several areas as President Xi strives to build the country’s internal independence. Foreign investors and businesses are often divided over whether this is a bargain for operations or a downside with long-term consequences. Two reports have been released that highlight the wide perspective gap between foreign entities doing business […]
The Mauritius Economic Development Council has decided to insure South Africans with Mauritian trusts, in response to the confusion and concern of its members and clients over the taxation of foreign investments in the island country. The EDB responded to an article published on BusinessTech entitled: “Bad news for South Africans with cash stshed in […]
RIYADH: Saudi Arabia has formed a new committee to regulate foreign investment and protect critical sectors in the Kingdom such as utilities. The committee is responsible for creating and implementing a criterion for foreign investors, identifying a list of companies, individuals and activities excluded from foreign investment, Argaam reported, citing a cabinet decision. Chaired by […]
STAR PHILIPPINE / MIGUEL DE GUZMAN THE SENATE on Tuesday approved a bill to amend the country’s foreign investment law, a move that is expected to further open up the economy. Senate Bill (SB) No 1156, which introduces amendments to the Foreign Investment Law (FIA) of 1991, passed third and final reading on Tuesday evening. […]
PHILIPPINE STAR/ MIGUEL DE GUZMAN FOREIGN INVESTMENT commitments rebounded in the second quarter, ending five consecutive quarters of decline, signaling the country’s attractiveness after the adoption of the law which gradually reduces corporate tax. Preliminary data from the Philippine Statistics Authority (PSA) showed that approved foreign investment rose 45.5% to 22.50 billion pesos in the […]
(MENAFN- Trend News Agency) In recent years, in cooperation with foreign organizations, around US $ 15 billion of foreign investment has been attracted to the economy of Turkmenistan. The president of the State Bank for Foreign Economic Affairs, Rakhimberdy Dzhepbarov, spoke about it in an interview with the official Turkmen press, Trend reports citing Oligas. […]
Deputy Agriculture Minister Mohammed Hardi Tuferu urges foreign investors to take advantage of Ghana’s conducive business environment and invest in the country’s agricultural sector. He says the country is ready for business and the government hopes to raise US $ 3 billion this year in foreign direct investment, half of which is in the manufacturing […]
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The names of companies and law firms listed above are auto-generated based on the text of the article. We are improving this feature as we continue to test and develop in beta. We appreciate feedback, which you can provide using the feedback tab on the right side of the page. September 8, 2021 – The […]
• Unstable macroeconomic environment impacting the potential of the sector• NIN-SIM drives 6.3% drop in industry growth in Q1 2021 Between 2015 and 2020, Nigeria’s telecommunications sector attracted $ 3.9 billion in foreign investment (portfolio and direct). The 2021 Telecommunications Industry Report released by Agusto & Co, which revealed it, observed that this averaged seven […]
Resident Indians have invested in assets abroad for a record amount since the central bank led the way through the Liberalized Discount System (LRS). Indians have invested $ 1.53 billion in debt, stocks and bank deposits through the LRS since the pandemic-induced lockdown in March 2020, the highest since 2004-05 when the window was introduced, […]
The Regulations Governing Foreign Investment of Insurance Companies (the “Regulations”) were implemented on March 6, 1993 and have been amended 25 times. The last change was made on December 31, 2019. This current change (the “Amendment”) was made in response to the demand from policyholders for insurance policies denominated in foreign currencies and to improve […]
Investments from foreign players keen to do business in the Philippines will push the country to embrace nuclear power, a senior AC Energy official said on Wednesday. “I think the best bet in terms of a potential strategy for the Philippines is to get foreign investors because they are the ones, especially the incumbents, who […]
ISLAMABAD – The Board of Investment (BOI) has invited foreign investors, especially Chinese, to set up their business houses in Pakistan’s Special Economic Zones (SEZs). “We look forward to your high quality investments in Pakistan while enhancing B2B and P2P cooperation,” Fareena Mazhar, Secretary of the Pakistan Investment Board, said at the “Belt and Road” […]
The Polish newspaper “innpoland” praised the business climate in Morocco and the investment opportunities offered by the Kingdom. The newspaper, which published an article on the Kingdom’s economic assets on Friday, pointed out that “while the word Morocco conjures up beautiful landscapes, excellent cuisine and other things that together make it an ideal destination for […]
The Central Bank of Egypt (CBE) revealed that foreigners’ investments in Egyptian treasury bills (treasury bills) reached $ 22.866 billion (or EGP 359.6 billion) in June 2021, up from around 22 , $ 25 billion (EGP 349.9 billion) in May 2021, an increase of $ 616 million. According to a recent CBE report, total outstanding […]
The retrospective amendment to Indian tax law, which rescinds the tax demand raised for the indirect transfer of Indian assets made before May 28, 2012 subject to specified conditions being met, may help attract more foreign investment to India as it sends a clear message that the country welcomes businesses, said the UK India Business […]
MANILA, Philippines – The Philippines is expected to attract more foreign investment in the health system as the country continues to lag behind in Southeast Asia. In a discussion paper, the state-run Philippine Institute for Development Studies (PIDS) think tank argued that the country has long lagged behind neighboring countries in the region in terms […]
The Nigerian Economic Summit Group (NESG) says the implementation of the Plant Variety Protection (PVP) law will boost exports, attract foreign investment and provide more food to Nigerian citizens. Laoye Jaiyeola, CEO of NESG, said this at a conference hosted by the National Agricultural Seed Council (NASC) in Lagos on Thursday. The PVP 2021 law […]
Ratifying the Regional Comprehensive Economic Partnership (RCEP) will help the Philippines attract more foreign direct investment, a trade official said. “In addition to the huge domestic market of 110 million people, the Philippines offers access to the ASEAN market of over 600 million people, and other key markets through our free trade agreements. (FTA) and […]
NEW DELHI: Trade and Industry Minister Piyush Goyal on Saturday expressed confidence that India will continue to attract high foreign direct investment (FDI) during the current fiscal year. He said India received the most FDI on record during the Covid-hit period of 2020, unlike a contraction in global investment inflows. In 2020-2021, FDI in the […]
Trade and Industry Minister Piyush Goyal on Saturday expressed confidence that India will continue to attract high foreign direct investment (FDI) in the current fiscal year. He said India received the most FDI on record during the Covid-hit period of 2020, unlike a contraction in global investment inflows. In 2020-2021, FDI in the country increased […]
WASHINGTON, July 22 (Xinhua) — Foreign direct investment and portfolio inflows into China continue to accelerate this year despite global economic and financial tensions, a renowned U.S. economist said Thursday. “As China continues to lead the global recovery from the negative economic effects of the COVID-19 pandemic and the business environment for foreign companies in […]
Bangladesh will remain the most resilient country and will continue to attract foreign direct investment (FDI) to live up to its image as a preferred location for global investors, despite the economic slowdown induced by Covid. This inference can be taken from a new report released by the US State Department. The US State Department […]
US State Department report finds Bangladesh lucrative for FDI despite pandemic-induced economic downturn across the world Bangladesh will continue to be resilient and attract foreign direct investment (FDI) to live up to its image as a preferred location for global investors, despite the economic downturn induced by Covid, according to a new report released by […]
Claiming that the Indian economy is showing signs of recovery from the peak of the second wave of COVID in May, the government said on Monday that the country’s strong fundamentals and market size will continue to attract investment to create new markets. . Citing the World Investment Report 2021, Finance Minister Nirmala Sitharaman in […]
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India’s strong fundamentals and market size will continue to attract investment to create new markets, Finance Minister Nirmala Sitharaman said on Monday in a written response to Lok Sabha. Citing the World Investment Report 2021, the finance minister said that FDI inflows to India rose 25.4% to $ 64 billion in 2020, from $ 51 […]
The Union budget 2021-2022 estimates India’s nominal GDP growth at 14.4% in the current fiscal year ending in March 2022. India’s strong fundamentals and market size will continue to attract investment to create new markets, Finance Minister Nirmala Sitharaman said on Monday in a written response to Lok Sabha. Citing the World Investment Report 2021, […]
File photo shows a worker picking palm oil fruit at a plantation, amid the Covid-19 outbreak in Klang, June 15, 2020. – Reuters pic KUALA LUMPUR, July 19 – As the world grapples with the global climate crisis, it is crucial for Malaysia to strengthen its sustainable development initiatives to ensure a brighter future for […]
Greece has significantly improved its ranking in foreign direct investment, according to a report released on Wednesday. Public domain Foreign direct investment in Greece increased by 77% in 2020, a report by multinational accounting firm Ernst & Young Greece (EY) revealed on Wednesday. EY’s Greece investment report says the improving economic situation indicates that Greece […]
The Central Bank of Egypt (CBE) revealed that foreign investment in Egyptian treasury bills (treasury bills) reached the equivalent of around EGP 349.9 billion in May 2021. The latter figure is compared to the equivalent of around EGP 326.9 billion in April 2021. In its monthly report released on Tuesday, the CBE said the total […]
Protesters march for environmental justice in Louisiana. Credit: Fernando Lopez for Survival Media Agency Editor’s Note: Brooke F. Dickerson, an attorney with Atlanta-based law firm Arnall Golden Gregory (AGG) specializing in environmental and construction law, is the author of this article. The article appears as part of AGG’s annual sponsorship of Global Atlanta. Brooke F. […]
IIFL Securities, the brokerage arm of IIFL Group, has partnered with global investment platform Stockal for overseas investment. Partnership will help IIFL Securities clients gain access to over 3,500 U.S.-listed companies, invest in expert-selected fractional stocks, stocks and ETFs based on risk and industry preferences individual investors, IIFL said in a statement. Millennials make up […]
Turkey’s foreign direct investment strategy will serve as a roadmap to secure value-added financing in sectors the economy needs, the country’s president said on Tuesday. “The main goal (of the roadmap) is to increase our market share in global direct investment to 1.5% by 2023, in line with the 11th development plan,” President Recep Tayyip […]
Qatar’s PPP law would significantly help accelerate the country’s massive infrastructure development and provide greater support to the private sector and foreign investment, noted Qatar Chamber Director General Saleh bin Hamad al- Sharqi.The law paves the way for the launch of several investment projects in Qatar in various sectors including health, sports, tourism and education, […]
Psychotherapist Hussam Nabil is best known for tabling a new approach to mental wellness in 2020 – but his expertise goes beyond that. With a bachelor’s degree in political science and economics from Cairo University, Nabil has a long history in the promotion and organization of sporting events. Just four years after graduating in 2000, […]
The Foreign Investment Promotion Agency (FIPA-Tunisia) revealed a 31% drop in foreign investment during the first quarter of 2021 compared to the same period last year. FIPA said the coronavirus pandemic has played a negative role in attracting foreign investment in most sectors. He said investments had increased from TND 2.5 billion ($ 919 million) […]
Mutual fund assets invested with Chinese fund and wealth management companies grew 36% year-over-year in 2020 to reach 2.44 trillion euros ($ 3 trillion). ). According to a study conducted jointly by Luxembourg for Finance – the national agency for the development of financial centers – and PwC Luxembourg, assets have also grown at a […]
Danish lawmakers have passed a law allowing screening of future foreign investments to ensure they do not pose a threat to national security, the Ministry of Business said on Wednesday. The new legislation was drawn in part following security concerns over an offer from Chinese Huawei to build Denmark’s 5G network. Denmark’s largest telecommunications operator […]
Lesotho is a name that is unknown to most of us and that doesn’t ring a bell because we don’t know. It is a landlocked country within the borders of South Africa. A very small landlocked country, Lesotho is a more popular name in the United States and in European countries due to the fact […]
Canada recently introduced new national security review provisions for foreign investment activities … [+] in the countryside. NurPhoto via Getty Images By Brian Mich and Natasha Moore The Minister of Innovation, Science and Industry of Canada, François-Philippe Champagne, on March 24and released revised guidelines on reviewing national security investments. Canadian companies and international investors should […]
On April 20, 2020, the Lebanese Parliament passed a law authorizing the cultivation, trade, research and use of medical cannabis. The adoption of the law by Lebanon creates an opportunity for leading medical cannabis companies around the world to enter the Lebanese market. There are six categories of license applicants, including foreign companies licensed in […]
Photo courtesy of: BEZA Coherence of investment policies and long-term political support are the most important factors in attracting domestic and foreign direct investment to the country, said Bangladesh Economic Zones Authority Executive Chairman Paban Chowdhury. Investors make their decisions after being assured of the rate of return on any investment based on the existing […]
Foreign investors ignored 26 states in Nigeria in the year 2020, according to a report released by the National Bureau of Statistics. The recently released Capital Imports report by the National Bureau of Statistics details the value of new investments that have poured into the Nigerian economy in 2020. The 26 states are: Bauchi, Bayelsa, […]
China has implemented a sweeping new law allowing national security reviews of foreign investments, just as foreign money flowing into the country is expected to reach record levels. Monday’s new regulations also come as Beijing has seen recent Chinese investment abroad come under increased scrutiny. The Foreign Investment Security Review Measures, developed by the National […]
Large foreign investors looking to invest in India may soon see their proposals receive swift treatment from the government. According to sources, the Center plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds who wish to invest more than Rs 3,000 crore through a single transaction. […]
06:10 Seychelles, which derives around 70 percent of its GDP from tourism, seeks to boost trade with major economies as its economy is hit by the COVID-19 pandemic. “Currently, Seychelles is experiencing a severe balance of payments crisis, so we welcome Chinese investment and funding for public sector projects that will ease our fiscal burden,” […]
FE REPORT | Posted: Jan. 06, 2021, 10:32 a.m. | Update: January 07, 2021 5:00:16 PM The Bangladesh Investment Development Authority (BIDA) and Standard Chartered Bangladesh (SCB) have teamed up to try to attract more foreign investment to the country. The partnership, as the first initiative, will hold a Bangladesh-China virtual investment summit on January […]
Even though India suffered huge economic losses due to the foreclosure, foreign investor confidence remained high and India received the largest inflow of FDI to India ever. Prime Minister Narendra Modi has constantly tried to attract foreign investors to invest in India. Whether in the fields of pharma, manufacturing or green energy, the government’s objective […]
PARIS, Dec 18 (Reuters) – The French government will extend until 2021 a lower threshold for screening non-EU investments in listed French companies that was put in place during the coronavirus crisis and was due to expire at the end of the year. year, announced the Ministry of Finance. Friday. The government temporarily lowered in […]
KUALA LUMPUR (November 6): As part of its efforts to attract foreign investment to Malaysia, the government announced that one billion ringgit will be provided as a special incentive for high value-added technology investments in Malaysia. Finance Minister Tengku Datuk Seri Zafrul Aziz announced that the fund aims to support investments in research and development […]
Spain: New regime for certain types of foreign investments in Spain October 29, 2020 Marti & Associates To print this article, simply register or connect to Mondaq.com. Spain has strengthened its legal regime for certain types of foreign investments in order to protect its most vulnerable economic sectors, introducing changes in Law 19/2003 of July […]
Depending on the type of investment you choose with foreign investment, you may have to face the foreign tax credit or other complex tax situations when you file. Don’t worry about knowing the tax rules. With TurboTax Online, you can connect with real tax professionals or CPAs to help you with your taxes – or […]
Click here to listen to the audio. Crude oil exporting countries are going through difficult times, with the energy markets they depend on for their export earnings in turmoil. For many of these countries, a persistently low oil price will make it difficult to balance the national budget and deplete foreign currency reserves. Furthermore, the […]
In a bid to revive the Indian economy and restart an investment cycle in India, Finance Minister Nirmala Sitharaman, in an unprecedented move, reduced the corporate tax rate to 15% for new manufacturing companies and 22% for other companies. To move forward in this direction, the 2020 Union budget gives new impetus by abolishing the […]
A common dilemma faced by international companies is deciding on the jurisdiction to establish a holding company to hold its foreign investments. A number of critical issues come into play in the decision-making process, such as: (a) tax efficiency (including the use of double tax treaties (DTA)), thin capitalization and transfer pricing risks and new […]
Flagship financial education aims to help people with their financial well-being and provide individuals with the information they need for financial control, stability and simplicity. For several years, Beacon Financial Education has been very active in informing and educating Americans and people connected to the United States in the Netherlands on the FATCA puzzle (Foreign […]
The sequel to the controversial TRAIN law, called Citira, pits two key economic agencies against each other. Citira, which stands for Corporate Income Tax and Incentive Streamlining Act, is formerly known as the Trabaho Bill, which the House already passed its third and final reading in the previous Congress, but has ran out of time […]
Cathay Life plans to further increase its exposure to overseas investments despite official efforts to limit the amount of the insurer’s capital invested outside of Taiwan. It also goes against efforts by local regulators to attract more capital from insurers into domestic assets to support the Taiwanese economy. “We will continue to increase overseas investment […]
Senator Bam Aquino. INQUIRER.net photo file / CATHY MIRANDA SORSOGON CITY – Senator Bam Aquino has warned that 90% of foreign direct investment (FDI) in the country would withdraw if the Duterte administration insisted on pushing for its second tax reform package of laws to speed up and inclusion (TRAIN 2). Aquino said that one […]
MANILA – Foreign direct investment in the Philippines fell 4.4% year-on-year to $ 9.8 billion in 2018 as investors fear President Rodrigo Duterte’s proposed tax reform will harm the environment investment of the country. FDI fell for the first time since 2015. Duterte’s first two years in office saw record investment in the country. Although […]
The Center for Investigative Journalism of Nepal released a report on Wednesday on how established and emerging businesses in Nepal are attracting investment from countries and territories that harbor illegal foreign wealth for the operation of cement factories, the betel nut trade and hotels. The five-part report is available on the CIJ website. Here we […]
What would be the tax implications on a TFSA, if any, for the following scenarios? : A share listed on an American stock exchange that does not pay a dividend A share listed on an American stock exchange that pays a dividend a U.S. Certificate of Deposit (ADR) which does not pay dividends An ADR […]
To the first-time investor, an overseas business can seem like a big tax gain – a way to make money while flying under the radar of the Internal Revenue Service. There is only one problem: The IRS will notice it when you try to transfer your income to a US bank. If you are investing […]
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Type of security S&P 500 Index Russell 2000 Index Russell 2000 value MSCI EAFE International Small Cap International Small Cap Stock MSCI Emerging Markets S&P500 1 – – – – – – Russell 2000 0.731 1 – – – – – Russell 2000 value 0.694 0.927 1 – – – – MSCI EAFE 0.618 0.532 […]
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For many investors today, diversification goes beyond owning businesses in a variety of industries, it also means adding holdings from different parts of the world. In fact, many wealth management experts recommend diverting a third or more of its equity allocation to foreign companies to create a more efficient portfolio. But if you are not […]
Paying taxes on investments often seems to steal the icing on the cake, gobbling up the best part of an investment’s return. With foreign investments, it is not just the taxes themselves, but the fees associated with filing tax forms that can reduce returns to a marginal level. Uncle Sam taxes US citizens on their […]
To print this article, all you need to do is be registered or log in to Mondaq.com. In this document, Deloitte presents a brief overview of the tax and customs advantages applicable to foreign investments in Uzbekistan. Since the tax system in Uzbekistan is subject to frequent changes, we recommend that you use this overview […]
Breadcrumb Links Taxes Personal finance Jamie Golombek: Do you own property in Florida or foreign stocks like Apple or Google? Don’t forget to file the new updated “Foreign Income Verification Statement” Getty/Thinkstock Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission on purchases made through links on this […]
Question: Someone told me that every year I pay taxes on dividends from foreign equity funds held in my IRA. If I’m not supposed to pay tax on dividend payments in my IRA, how can that be? Reply: To understand why you can pay taxes on foreign dividends held in your IRA (and your 401 […]