Transfer pricing is the result of the globalisation of our economies. On the one hand, big groups and banks are targeting all kinds of markets and countries; on the other, countries are competing to attract business with advantageous tax systems.
The City of London’s status as the financial capital of Europe is under threat as global banks located in the City may need to relocate to the continent as a result of the Brexit vote.
Lyman Miller, a research fellow and associate professor at Stanford University, identifies four marks of a superpower, including economic and military prowess, a robust political system and cultural power.
US personal-consumption spending is widely cited as a reason to be hopeful about the health of the US economy. The stronger US consumer market may help keep some developing economies afloat, but likely not as much so as in the past.
Although fear remains that the Brexit vote could unwind economic gains made in Britain, Europe and the rest of the world, property experts believe that for the real estate industry, Brexit is a lesser enemy.