Increased Interest in Poland as a Destination for FDI

Warsaw, Capital of Poland Despite the global economic crisis 2011 proved a strong year for foreign investments in Poland – projects concluded with participation of Polish Information and Foreign Investment Agency in 2011 grew to 173% of 2010 value There

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Brazil Has Reason to be Proud of First-Tier Banks

Reported by Marcos dos Santos. After a period of tension between the banking sector and the Brazilian government, the Executive Vice President of FEBRABAN (Brazilian Federation of Banks), Wilson Roberto Levorato, said recently, during a seminar of financial inclusion in

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Colombia Comes Together to Overcome Its Past

Bogotá Skyline at Night Maybe the Greeks could learn a thing or two from the Colombians. The change in Colombia over the past ten years is remarkable. Financially Colombia was the “Greece” in Latin America. Its debt was classified as “junk

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The OECD Believes That the Eurozone Crisis is the Largest Single Threat to the Global Economy

The 17 nations that use the euro will see their economies shrink 0.1% this year, before showing weak growth of 0.9% next year, the OECD predicts. This compares with 2.4% growth in the US economy this year, with 2.6% predicted

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G8: Could the Solution to Growth be Simpler Taxes?

There has been much talk of the need for growth at the G8 meeting. Could it be that the solution is really quite simple? A recent 400-page report from economists and company directors called for a move from what it

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Mexico’s Competitive Banking System

At the opening of the 75th Banking Convention in Mexico, President Calderon said the country’s financial sector is well fortified against external shocks. ACAPULCO, May 18. – Facing a backdrop of the international financial uncertainty and other countries in economic

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The Franco-German Relationship Looks Set to Continue but Where Does This Leave the Greeks?

Newly-inaugurated French President Francois Hollande and German Chancellor Angela Merkel said on Tuesday they want Greece to remain in the euro in a show of unity at their first meeting since Hollande was elected. “I want to reiterate, and we

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Foreign Direct Investments in RSA

By Nataly Marchbank (Senior Manager, International) and Hasinah Essop (Senior Consultant, International Tax) – PricewaterhouseCoopers South Africa There are many jurisdictions internationally which are popular with multinational groups for the purposes of establishing holding and headquarter companies, for instance Luxembourg, the Netherlands,

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Namibia’s Changing Tax Landscape – From Simple to Complex

The collection of revenue for the Namibian fiscus has been under scrutiny for some time.  Questions have been posed as to whether Namibia should change from a territorial (source) based tax system to a residency based system to increase the

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India’s Financial Sector – Defies the Global Trend – Continues to Emerge Stronger

India has witnessed an excellent growth over past two decades. Indian economy has expanded at a CAGR of 6.9% during this period. Besides economic growth, the country has prospered in a number of other areas as well. Its professionals have

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