Topic

global corporate tax

India asks whether global tax deal can work after US withdrawal

Published 03 Feb, 2025 02:09pm

NEW DELHI: India is assessing whether a global corporate tax deal agreed between 140 nations can work following U.S....

Poland blocks EU compromise on global minimum corporate tax deal

Published 05 Apr, 2022 05:28pm

PARIS: Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the...

OECD nations to ban export credits for coal power

Published 22 Oct, 2021 06:22pm

PARIS: Several OECD nations including Britain, Japan and the United States have agreed to halt government-supported...

Global corporate tax deal nears as holdouts drop objections

Published 08 Oct, 2021 05:50pm

The agreement will set a minimum corporate tax rate of 15% and let governments tax a greater share of foreign multinationals' profits

Ireland says final global tax text due on Wednesday, hopes to sign up

Published 06 Oct, 2021 12:31pm

DUBLIN: A final text of a global corporate tax overhaul is due to be circulated to negotiating countries later on...

Global tax deal drops ‘at least’ from proposed minimum of 15%

Published 05 Oct, 2021 08:19pm

PARIS: An updated draft of a global corporate tax overhaul has dropped "at least" from a proposed minimum rate of ...

G7 seeks more progress on global corporate tax reform

Published 10 Sep, 2021 04:41am

LONDON: Finance ministers from the Group of Seven rich nations said on Thursday they had to make more progress on ...

Yellen says will try to address concerns of tax deal holdout countries

Published 10 Jul, 2021 06:02pm

We'll be trying to do that, but I should emphasise it's not essential that every country be on board, says US Treasury Secretary

Bargaining over global tax enters key stage

Published 27 Jun, 2021 03:06pm

The deal now goes to the Organisation of Economic Co-operation and Development (OECD), which is overseeing two days of talks starting Wednesday to find a consensus among 139 countries.

Amazon may prove exception to global tax rules

Published 09 Jun, 2021 11:28am

Such measures allow Amazon to considerably lower its tax bill.

Wall Street flat; tech shares shrug off G7 tax deal

Published 07 Jun, 2021 08:46pm

QTS Realty surges on reports of deal with Blackstone.
Biogen gains ahead of FDA decision on Alzheimer's drug.
"Meme stocks" extend rally led by retail participation.
Indexes down: Dow flat, S&P and Nasdaq dip 0.13%.

Italy welcomes US proposal for minimum global corporate tax of at least 15pc

Updated 21 May, 2021 06:57pm

Washington on Thursday offered to accept a rate of at least 15% during international negotiations, significantly below its proposed 21% minimum for US multinational firms.
"The possibility of reaching a global and consensus-based solution is now concrete," Italian Economy Minister Daniele Franco said in a statement.

UAE now among world’s top ten tax havens

Published 15 Mar, 2021 05:22am

PARIS: The UAE has entered the world’s top ten tax havens for the first time, research showed Tuesday, in a report...

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Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Crude Oil USD/Barrel / Jul 21	82.50
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Gold Spot USD/Ounce / Jul 21	4,050.88
Cotton US¢/pound / Jul 21	79.38
Petrol/Litre / Jul 22	320.73
Diesel/Litre / Jul 22	367.21

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.39 ▲ 0.24 (11.16%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Biafo Ind. / Jul 21 Biafo Industries Limited(BIFO)	130.83 ▲ 11.89 (10%)
Dewan Farooque Sp. / Jul 21 Dewan Farooque Spinning Mills Limited(DFSM)	18.15 ▲ 1.65 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)

Stock	Price
United Insurance / Jul 21 The United Insurance Company(UNIC)	12.68 ▼ -1.41 (-10.01%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	414.40 ▼ -46.02 (-10%)
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	79.05 ▼ -8.78 (-10%)
Shams Textile / Jul 21 Shams Textile Mills Limited(STML)	57.58 ▼ -6.4 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Pakistan Credit Rating Agency / Jul 21 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	36 ▼ -3.62 (-9.14%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	22.90 ▼ -2.21 (-8.8%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98.02 ▼ -7.77 (-7.34%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	7.71 ▼ -0.61 (-7.33%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	263,436,960 ▼ -0.69
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	110,849,016 ▲ 0.24
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	73,851,952 ▲ 0.89
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	58,224,946 ▲ 0
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	26,116,799 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	24,336,000 ▲ 0.97
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	22,413,148 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	20,069,620 ▲ 0.41
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	15,692,784 ▲ 0.14
Maple Leaf Cement / Jul 21 Maple Leaf Cement Factory Limited(MLCF)	13,608,067 ▼ -2.01

global corporate tax

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