European countries—like almost all countries around the world—require businesses to pay corporate income taxes on their profits. The amount of taxes a business ultimately pays on its profits depends on both the corporate tax base and the corporate tax rate. Today’s map shows how statutory corporate income tax rates compare across European OECD countries. Taking
Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgraded Chinese property developer Shimao Group Holdings on Wednesday based on expectations that the company will find it harder to repay investors on time. The move
An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Istanbul, Turkey on June 25, 2021. Mehmet Eser | Anadolu Agency | Getty Images Civilian flights within Ukraine were restricted through the end of Thursday, according to
In this article EBAY eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Shares of eBay slid as much as 11% in extended trading Wednesday after the online marketplace posted its fourth-quarter earnings and gave guidance for the first quarter that fell short of
U.S. stock futures were little changed Wednesday evening after the Dow Jones Industrial Average closed at its lowest level of the year amid escalating tensions between Russia and Ukraine. Dow futures rose 0.08%, while futures tied to the S&P 500 were unchanged and Nasdaq 100 futures added 0.01%. In the regular trading session, the Dow
Under new proposals, the U.K. government could deny students college loans if they fail high school exams. Getty Images U.K. high school students who fail math and English exams could be barred from taking out college loans under proposals expected to be announced by the British government on Thursday. The U.K. government is expected to
fizkes | iStock | Getty Images If you’re fretting about your 2021 tax bill, financial experts say there may be a chance to slash your balance before April 18, the deadline for most filers. With limited options after year-end, taxpayers may still have a few possibilities, said certified financial planner David Haas, president of Cereus
Tom Werner | DigitalVision | Getty Images This tax season, which runs through April 18, is shaping up to be yet another complicated one for filers. Phone call volumes to the IRS are at record levels, the agency has a backlog of millions of claims from previous years and some pandemic-era changes still apply to
SAN FRANCISCO, CA – APRIL 28: Deanna Sison takes a break from preparing preordered lunches to check the status of her federal small business loan application at Little Skillet restaurant in San Francisco, Calif. on Tuesday, April 28, 2020. Most Covid financial relief to small business has now ended, but the need for more funding
Ben Rains explores the market as stocks hit new 2022 lows amid escalating tensions between Russia, Ukraine, the U.S., and others. The episode then dives into three strong, beaten-down stocks from totally different sectors that investors might want to consider buying and holding for the long haul ahead of their upcoming earnings releases.
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Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor has no plans at this time of spinning off its electric vehicle or gasoline-powered vehicle businesses, CEO Jim Farley said Wednesday. His comments come less than a week after Bloomberg News
Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, on the Isle of Dogs on November 05, 2020 in London, England. Dan Kitwood | Getty Images News | Getty Images LONDON — Barclays on
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters The Federal Reserve is expected to start raising interest rates next month and not slow down until well
If you and your partner don’t agree on what’s worth splurging on, and what isn’t, it can cause conflict within your relationship. Especially if you both are working toward a shared financial goal, like saving up to buy a home or for a wedding. You can avoid some of this conflict by implementing a simple
Sean Gladwell | Moment | Getty Images Escalating tensions between Russia and Ukraine sent stock markets lower once again on Wednesday. Many individual investors are feeling the recent market declines triggered by geopolitical risks personally, particularly when it comes to their retirement account balances. Financial advisors say this could actually be an opportunity to put
martin-dm Investors are pulling money out of bond and money market funds at the fastest pace in years, as inflation and the specter of rising interest rates threaten returns in the short term. The outflow has been starkest for money market funds, which are cash-like funds with a low level of risk. Investors shifted $148
Families have long sought to move toward better neighborhoods and schools to put their kids on the pathway toward success. A study from the Census Bureau is providing fresh insight on where to look. It revealed significant racial disparities between demographic groups. For example, white families have strong rates of upward mobility in high-income neighborhoods.
We know it’s tempting, but don’t put off filing your taxes! Taxpayers must stay on top of tax deadlines to avoid possible penalties and interest charges for late filing. Falling behind on your tax filing obligations can be stressful. It’s better to file taxes early or on time so you can stop worrying about your
A “for sale” sign in front of a home that Zillow shows has a pending sale of 750,000 dollars on February 18, 2022 in Miami, Florida. Joe Raedle | Getty Images Climbing mortgage rates are hitting both potential homebuyers and refinance candidates. Total mortgage applications decreased 13.1% last week to the lowest level since December