while i empathize with tg’s rant on FIFTY FOUR PERCENT TAXES in the US of A, id also like to remind you this app is free: https://t.co/aZqxsgkFew ...

1 year since moving to Dubai and doing taxes was surprisingly difficultyou have to do all of the following:-threadguy (@notthreadguy):just got my official tax numbers i genuinely don’t understand how anyone gets rich without selling a company for 9 figures or moving to puerto rico this is actually insane im being scammed. congrats on all the profit and working so hard to make this money you now owe us FIFTY ...

Chancellor the Exchequer Rachel Reeves signaled she’s open to raising taxes on the UK’s gambling industry, setting the stage for a possible move to lift a controversial cap on benefits for parents https://t.co/2n2FeWOfyF ...

UK Chancellor Rachel Reeves emerged from her speech at Labour conference well, but debates inside government around which taxes to increase suggest her hardest day may yet be to come. Get the Readout with @AllegraStratton https://t.co/sK1WLo9ibC ...

Core Insights - The article provides a comprehensive comparison of Meta Platforms against its key competitors in the Interactive Media & Services industry, focusing on financial indicators, market position, and growth potential [1] Company Overview - Meta Platforms is the largest social media company globally, with nearly 4 billion monthly active users [2] - The core business, "Family of Apps," includes Facebook, Instagram, Messenger, and WhatsApp, which are used for various purposes, including social interaction and digital business [2] - Meta generates revenue primarily through advertising by leveraging customer data from its applications [2] Financial Performance - Meta's Price to Earnings (P/E) ratio is 27.17, which is below the industry average by 0.42x, indicating potential undervaluation [5] - The Price to Book (P/B) ratio stands at 9.64, suggesting the company may be overvalued based on its book value, as it is 2.13x higher than the industry average [5] - The Price to Sales (P/S) ratio is 10.87, which is 0.14x the industry average, indicating possible undervaluation based on sales performance [5] - Meta's Return on Equity (ROE) is 9.65%, which is 6.64% above the industry average, reflecting efficient use of equity to generate profits [5] - The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is $25.12 billion, which is 7.18x above the industry average, showcasing strong profitability [5] - Gross profit amounts to $39.02 billion, indicating 7.03x above the industry average, demonstrating robust earnings from core operations [5] - Revenue growth is at 21.61%, significantly higher than the industry average of 11.8%, indicating strong demand for its products or services [5] Debt Management - Meta's debt-to-equity (D/E) ratio is 0.25, indicating a favorable balance between debt and equity compared to its top 4 peers, which is a positive aspect for investors [10] - The D/E ratio is a critical measure for evaluating financial health and risk profile within the industry [8]

Core Insights - The article provides a comprehensive evaluation of Apple Inc. in comparison to its competitors in the Technology Hardware, Storage & Peripherals industry, focusing on financial metrics, market position, and growth potential [1] Company Overview - Apple is one of the largest companies globally, with a diverse range of hardware and software products aimed at both consumers and businesses. The iPhone constitutes the majority of sales, with other products like Mac, iPad, and Watch forming part of a broader software ecosystem [2] - Nearly half of Apple's sales are generated through its flagship stores, while the majority comes from partnerships and distribution channels [2] Financial Metrics Comparison - Apple's Price to Earnings (P/E) ratio is 38.29, which is lower than the industry average by 0.76x, indicating potential value [6] - The Price to Book (P/B) ratio of 56.88 is significantly higher than the industry average by 5.76x, suggesting possible overvaluation based on book value [6] - The Price to Sales (P/S) ratio of 9.32 is 2.78x the industry average, indicating potential overvaluation in relation to sales performance [6] - Apple has a Return on Equity (ROE) of 35.34%, which is 29.55% above the industry average, reflecting efficient equity use and strong profitability [6] - The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stands at $31.03 billion, which is 86.19x above the industry average, showcasing robust cash flow generation [6] - Gross profit is reported at $43.72 billion, 47.01x above the industry average, indicating strong core operational earnings [6] - Revenue growth for Apple is 9.63%, surpassing the industry average of 7.09%, demonstrating strong sales performance [6] Debt-to-Equity Ratio - Apple's debt-to-equity (D/E) ratio is 1.54, placing it in a middle position compared to its top four peers, indicating a balanced financial structure with moderate debt levels [12]

New Visa Programs Overview - The US is introducing two new luxury visa programs: a gold card and a platinum card [1] - The gold card costs $1 million for individuals and $2 million for companies, granting US residency in "record time" [1] - The $2 million corporate gold card is transferable between employees [2] - The platinum card costs $5 million, allowing foreign nationals to spend 270 days in the US without paying taxes on overseas income [2] Financial Implications - The new programs, along with a $100,000 H1B fee, are expected to generate $100 billion in revenue [4] - The revenue will be used to lower taxes and pay down debt [4] Program Details and Comparisons - The gold card will replace the EB1 and EB2 programs [4] - The gold card, costing $1 million without a job creation requirement, may be more attractive than the EB5 program, which also costs $1 million but requires creating at least 10 jobs [4][5] - Compared to other countries, the $1 million gold card is considered cheap in the investment visa landscape, with Singapore at $7 million and Samoa at $1.4 million [5] Screening and Regulations - Details about the screening process for applicants are currently unknown [7] - There is no investment or job requirement for the gold card [7]

Company Overview - Amazon.com is the leading online retailer, with retail-related revenue accounting for approximately 75% of total revenue, followed by Amazon Web Services (15%), advertising services (5% to 10%), and other segments [2] - International segments contribute 25% to 30% of Amazon's non-AWS sales, with Germany, the United Kingdom, and Japan being the primary markets [2] Financial Metrics Comparison - Amazon's Price to Earnings (P/E) ratio is 35.29, which is significantly below the industry average by 0.8x, suggesting potential undervaluation [5] - The Price to Book (P/B) ratio of 7.4 is 1.1x above the industry average, indicating possible overvaluation based on book value [5] - Amazon's Price to Sales (P/S) ratio of 3.72 is 1.6x the industry average, which may also suggest overvaluation based on sales performance [5] - The Return on Equity (ROE) stands at 5.68%, slightly above the industry average, indicating efficient use of equity to generate profits [5] - Amazon's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is $36.6 billion, which is 5.91x above the industry average, reflecting stronger profitability [5] - The gross profit of $86.89 billion indicates a performance that is 5.23x above the industry average, showcasing higher earnings from core operations [5] - Revenue growth of 13.33% surpasses the industry average of 10.76%, demonstrating robust sales expansion and market share gain [5] Debt to Equity Ratio - Amazon's debt-to-equity (D/E) ratio is 0.4, indicating a lower reliance on debt financing compared to its peers, which is viewed positively by investors [10] - The analysis of Amazon's D/E ratio in relation to its top 4 peers highlights its stronger financial position within the Broadline Retail industry [8]

So, while the Trump administration unveiling a new fee for H-1B visas, it also announced new programs designed to fasttrack residency for foreign nationals with some tax breaks. CBC's wealth editor Robert Frank joins us now with some of the details. Robert, good morning, Andrew.Good to see you. Well, President Trump announcing two new luxury visa programs, a gold card and a platinum card. The gold card will cost $1 million for individuals and $2 million for companies.It will allow foreign nationals to get U ...

Tax Efficiency - The report highlights the significant time cost associated with tax collection [1]