Foreign Taxation

US Senate Bill proposes tax cuts for US beverage firms

The Senate Finance Committee has included in the provisions of the draft Craft Beverage Modernization and Tax Reform Act (CBMTRA) to reduce the tax burden on US domestic brewers and distillers for two years even as it seeks a permanent tax cut for wine producers in the bill. According to the news on the proposals […]

Economy News Extra Foreign News Feature/Analysis

Portfolio investments, others boost capital inflows in Q3- NBS

  The National Bureau of Statistics (NBS) has reported a substantial increase in the nation’s capital importation in the third quarter of this year, peaking at $4.15 billion. Capital importation is classified into three main investment types namely, Foreign Direct Investment (FDI), Portfolio Investment and Other Investments, with each comprising various sub-categories. The value of […]