Treasurers have a duty to keep tax costs down—and often use complicated structures to do so—but where do they draw the line? A fresh report reveals the common structures used by aged care providers to reduce tax.
As cash-strapped banks offer high rates for long-term deposits, a wise treasurer tell CT he's sticking to one-month deposits. After all, rates can only go up as liquidity is squeezed further.
As Beijing finally acts to restrict controversial, opaque, risky wealth management products, CT looks at what the impact will be for corporate treasurers.
Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
One of Malaysia’s largest palm oil producers turned to UOB to streamline its processes. The answer they created won the best working capital solution at the recent CT Awards.
CFO tells CT how he used a cross-currency swap to cut the effective interest rate on long-term bonds from 4.7% to 2.2%. He also discusses reducing the number of bank relationships