Month: October 2021

Aaron Tan is going places. As the co-founder of a newly crowned unicorn and one of Asia Pacific’s fastest growing start-ups, the Carro CEO is now on the road to a public listing.  And with investors including Softbank getting onboard, he has no plans to slow down.  “The question is, now that we have reached $1 billion, how do we reach $10 billion? How do we reach $100 billion?” Tan told CNBC Make
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A perplexing attribute of the U.S. tax system is that successive reform efforts tend to layer new regimes on top of old ones without bothering to repeal the latter. It’s as if retention of the older regimes provides a sense of security, regardless of how out-of-date or flawed they might be. Familiarity brings comfort. Familiarity
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Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters The volatile September was a golden opportunity for billionaire investor Ken Griffin to shine as his main hedge fund crushed the market with outperformance. Citadel’s multi-strategy flagship fund Wellington gained 7.8% in September, bringing its year-to-date performance to 18.5%, according to a person familiar with
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October 2021 Experience has shown that many organizations are struggling with the changes arising from Brexit to the process for bringing goods to the UK, the consequent requirements for customs declarations, and paying and reclaiming import VAT. Frequently, businesses are unsure whether they have paid import VAT and, if so, how it is to be
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A friend of mine, in an animated mood once declared, “everything is in flux; it’s fluxing more and more each day!” That’s how many feel about the back and forth pronouncements concerning proposed tax changes. In Congress, the revenue raising provisions (think “taxes”) to fund the physical and human infrastructure bills seem to be getting
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