Category: USA

USA

Reuters exclusively reports EU’s planned digital levy to cover hundreds of firms

A digital levy to be proposed by the European Commission in the coming weeks to fund its recovery from the COVID-19 pandemic will apply to hundreds of companies, the majority of them European, its executive vice-president Margrethe Vestager said. Vestager’s comments, in an exclusive interview with Reuters, were the first by a top Commission official and came a day after the Organization for Economic Cooperation and Development (OECD) clinched a global tax deal, which Vestager said is not connected to the digital levy. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

USA

Reuters exclusively reports Thailand considers new transaction tax for securities

Business & Finance

Reuters reported exclusively that Thailand is considering introducing a tax on share sales by individual investors on its stock exchange to generate additional revenue. The government is studying the possibility of ending a tax waiver, which has been in place since 1991, on securities sales on the Stock Exchange of Thailand, two sources told Reuters. The tax of 0.11% on equities sales would apply to investors with a volume of more than one million baht ($31,140) per month. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Asia

Countries: Thailand

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story