Taxes

Is Globalization more than Tax Arbitrage? Follow the People not the Money

Leave a Comment / Expert Analysis / By

The use of low-tax centers by multinational companies as part of tax minimization strategies distorts measures of capital flows and direct investment, which are integral to globalization.  Last year, for example, Microsoft shifted $52.8 bln of assets from Singapore to Ireland in a few pen and computer strokes.  The Dublin-based entity, the company’s European headquarters, …

Is Globalization more than Tax Arbitrage? Follow the People not the Money Read More »

Cut Corporate Taxes to Boost Investment and Wages?

Leave a Comment / Expert Analysis / By

Reports suggest that the US Congress is making progress toward tax reform.  The House of Representatives is still slated to vote on its version tomorrow.  It appears likely to pass.  The Senate version will be marked up in committee this week.  The latest revisions include repealing the individual insurance mandate and ending the middle class …

Cut Corporate Taxes to Boost Investment and Wages? Read More »

US Fiscal Policy

Leave a Comment / Expert Analysis / By

The rancorous debate over health care reform sucked the oxygen away from other pressing issues before Congress.  The savings from the reforms was seen as a critical part of tax reform.  The tax reform strategy is the same as with health care reform.  A small group of Republicans, representing both houses of Congress and the …

US Fiscal Policy Read More »

Corporate Cash, Taxes and US Treasury Yields

Leave a Comment / Expert Analysis / By

A majority of Federal Reserve officials expect that conditions will warrant two more hikes this year.  That would put the Fed funds target range at 1.25%-1.50% at year-end.  Yet the two-year note yields less than 1.3% and the 10-year yield has been struggling to sustain gains above 2.30%.   Several central banks, including the People’s Bank …

Corporate Cash, Taxes and US Treasury Yields Read More »

US Tax Reform in Jeopardy and the State of the Strong Dollar Policy

Leave a Comment / Expert Analysis / By

The focus in the market is shifting away from the Federal Reserve, for which the consensus recognizes that the FOMC minutes probably make a March hike less likely.   The CME’s calculations put the odds at less than 18%, while the Bloomberg estimate puts the odds near 32%.  Our own calculation is closer to the CME’s.  …

US Tax Reform in Jeopardy and the State of the Strong Dollar Policy Read More »

SUBSCRIBE

& stay up to date
  • Note: All the information on this website are subject to change and we do not take credit for any decision taken by other parties based on these information. Therefore readers are obliged to read and agree to our terms and conditions. Foreign exchange market is highly volatile, affcted by variety of global economic and political factors and participation in this market is absolutely risky for the speculators. Traders are advised to be aware of these risks thus do not trade with the money they can't afford to lose.