Word: kpmg
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...Switzerland, the most famous tax haven of all, that remains the global leader in attracting cash from overseas. The number of tax exiles living there shot up from 2,394 in 2003 to 4,175 in 2006, according to consulting firm KPMG, and they poured around $917 million into its tax system in 2006 alone. The central government lets foreigners negotiate how much tax they pay directly with whichever of the country's 26 cantons they move to; an annual lump sum is calculated, based on five times the rental value of the expat's Swiss home. Rates average around...
...economic growth this year, many are asking whether it's because of Lula or despite his failure to tackle an array of problems. Aside from Brazil's reputation for epic corruption, gaping inequality and baroque bureaucracy--it takes 152 days to start a business there, according to a KPMG consulting study, compared with 32 in Argentina--there are more pressing issues of an overvalued real, high taxation, weak infrastructure and especially pension reform. Incredibly, Brazilian pensioners receive more money as a share of GDP than the rest of the population of 188 million, sucking investment from badly neglected areas like...
...observations form the basis of an executive-education program he designed for Judge, and they likewise infuse the consulting work De Rond does for companies, including BT and KPMG. De Rond's insights have helped KPMG, for example, as it constantly assembles teams of consultants from around the world. "They're all talented individuals, and getting them to pull the oars in the same direction sounds simple, but it's tough to do because they have to rewire their DNA," says Steve Hollis, head of markets for KPMG Europe. De Rond's advice to factor a social element into...
...workers in large companies to take up to 12 weeks off, but that time is unpaid), while dads in 65 other countries are guaranteed paid paternity or parental leave; 31 countries offer 14 weeks of it or more. At companies that offer and encourage paternity leave, participation is high. KPMG reports that 80% of eligible workers have taken paternity leave since it was first offered in 2002. Still, more than half of working men say they would not take paternity leave even if it was offered, most saying they could not afford it, others fearing it would harm their careers...
...advisers decided to consider military intervention in the Balkans in the midst of the violent disintegration of Yugoslavia. Then it would have been the unlikeliest of scenarios, but today parts of the Balkans--that powder keg of Europe--are on the verge of a golfing boom. At KPMG's Golf Business Forum in Budapest in May, Croatia attracted attention from big-name developers. Montenegro is also generating interest. And while Serbia and Bosnia are unlikely to attract foreign golfers--as neither share Croatia's tradition of tourism--both report a burgeoning domestic market. "We have very often quoted Croatia...