Scorpi18 | Market Insights
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Insights and analysis of the global financial market by investment advisor Sergio Shalamov.

Note: This is not an investment advice.

Chat for investors: https://t.me/+lLbjdcohKhc5MDBi

Contact: @invoyager

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πŸ‡¨πŸ‡³#JD #insider #regulation #antitrust #china #tax
▢️ Tencent hands shareholders $16.4B windfall in the form of JD.com stake.

▢️ Eligible Tencent shareholders will be entitled to one share of JD.com for every 21 shares they hold.
βš οΈπŸ‡·πŸ‡Ί#steel #ironore #coal #fertilizer #tax #russia
Tax rates for iron ore, coking coal, potash, and liquid steel have increased in Russia.
β˜’οΈπŸ‡ΊπŸ‡Έ#crypto #us #migration #tax #puertorico
US bitcoin millionaires are moving to Puerto Rico for lower taxes and island living.

In the U.S., investors pay as much as 37% on short-term capital gains and up to 20% on long-term gains, which applies to crypto and other assets held for more than a year. One of the tax breaks under Act 60, known as the Individual Investors Act, drops that tax obligation down to zero if certain qualifications are met. This is especially huge for entrepreneurs and crypto traders.

#ipocketcash #service
πŸ‡¨πŸ‡³#tax #china #economy #QFIN #support
China has reduced or waived six local taxes and two fees for small and micro businesses.

Small businesses = enterprises with annual incomes of less than 3M yuan, no more than 300 employees and 50M yuan in total assets.
βš οΈπŸ‡ΊπŸ‡Έ#us #budget #geopolitics #tax
Biden submitted a $5.79T budget plan to Congress that calls for record military spending and raising taxes for billionaires and companies - RTRS
βš οΈπŸ›’πŸ‡ΊπŸ‡Έ#oilindustry #us #tax
The White House is considering congressional proposals that could tax oil and gas producers' profits in order to provide a benefit to consumers struggling.

The Biden administration has criticized producers for sitting on profits and not investing in further production to lower costs.
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Britain last week announced a 25% windfall tax on oil and gas producers' profits
β—οΈπŸ‡ΊπŸ‡Έ#us #climat #pharma #tax #renewable
U.S. SENATE PASSES $430 BILLION CLIMATE CHANGE, TAX AND DRUG PRICING BILL - BBG
βš οΈπŸ‡ΊπŸ‡Έ#buyback #tax #us #stocks
The Democrats plan to introduce a 1% tax on stock buybacks as part of Joe Biden's climate and tax bill.
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the main reason for SP500 growth since 2011 is buybacks - details
βš οΈβœ΄οΈπŸ‡°πŸ‡·#crypto #tax #skorea #airdrop
South Korea to impose 10–50% gift tax on crypto airdrops
πŸ‡―πŸ‡΅#japan #stocks #crypto #tax
Japan’s financial regulator proposed easing corporate tax rules for crypto assets as well as lighter levies for individual stock investors in support of Prime Minister Fumio Kishida’s efforts to reinvigorate the economy.
βš οΈπŸ‡¬πŸ‡§#tax #renewable #uk
UK’s renewable energy sector will face a windfall tax - FT

British electricity market is designed means that wholesale power prices closely track those of gas because the most expensive power plant - usually a gas-fired power plant - sets the price for the entire market
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Sep. 14, 2021: EU proposal: non-gas generators have to pay majority of the β€œexcess profits” they generate beyond a threshold of €180 MWh
βš πŸ‡¬πŸ‡§#tax #corp #uk
βš οΈπŸ‡¬πŸ‡§#tax #corp #uk
Truss : there will be a corporate tax increase in 2023
βš οΈπŸ›’πŸ‡ΊπŸ‡Έ#oilindustry #tax #us
Biden to float windfall tax on US energy companies if they don’t boost domestic production β€” AP
βš οΈπŸ‡ΊπŸ‡Έ#chip #tax #us #ChipsAct
the Biden administration will require companies winning funds from its $52B US semiconductor manufacturing and research program to share excess profits

#buyback companies winning funding are also prohibited from using chips funds for dividends or stock buybacks

#china US Chips Act fund recipients must agree not to expand capacity in China for 10 years

πŸ’₯#INTC
βš οΈπŸ‡ΊπŸ‡Έ#tax #us #
The White House will propose raising taxes on Americans earning > $400K β€” WP

... and new rules to reduce prescription drug costs #pharma
πŸ‡ΊπŸ‡Έ#budget #us
The White House has released a draft budget for fiscal year 2024. It projects total outlays of $6.883T and total revenues of $5.036T

Biden budget would cut deficit by $3T over next decade

In the budget, US debt to rise from 97% of GDP in 2022 to 109.8% in 2033 #debt

The budget also boosts military spending to more than $835B #military

⚠️hiking the corporate tax rate to 28%, up from 21% #tax #business

⚠️abolition of tax privileges for energy companies #energy

⚠️raise the minimum tax on the rich to 25%

⚠️stock buybacks tax to rise from 1% to 4% #buyback

⚠️the budget will propose tax changes on crypto to eliminate wash trading #crypto
⚠️#us #economy #tax #opinion
A high-tax era awaits us in the US. A huge national debt and high interest rates make it unprofitable to continue financing budget spending through borrowing. The only option is to raise taxes.

However, experts do not rule out the scenario of "money printing", but in that case the US could repeat the 2008 crisis scenario or trigger uncontrollable inflation #printingmoney #inflation
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*among developed countries, the U.S. has the smallest tax-to-GDP ratio = 28% (compared to Germany = 39%, France = 46%)
🌎#tax #stocks #us
Topdown Charts: US publicly traded companies have the lowest effective tax rate in the world.