Transaction tax

Intellectual Property and Tax – Collaboration is Key to Mitigate Business Risk (Podcast) – Intellectual Property

United States: IP and tax – Collaboration is key to mitigating business risk (Podcast) January 17, 2022 Mayer Brown To print this article, all you need to do is be registered or log in to Mondaq.com. self Intellectual property is one of the main drivers of the profitability of a multinational company. Because intellectual property […]

Transaction tax

Priorities include teacher raises, tax cuts, public safety and protecting voting rights – Los Alamos Reporter

FROM THE GOVERNOR’S OFFICE Governor Michelle Lujan Grisham on Friday announced her legislative priorities for the 2022 regular session of the New Mexico Legislature, centered on investing in policies and programs that will benefit students, workers, families, businesses and communities large and small across the state. Agenda highlights include increases for educators, tax cuts for […]

Transaction tax

EDA reaffirms order for Sugar Bay Resort to pay $225,000 | News

The VI Economic Development Commission voted Thursday to direct $225,000 in charitable contributions from the long-closed resort town of Sugar Bay in St. Thomas to the nonprofit Quelbe Institute for the Preservation of Music and Music. the traditional dance. Founder Kevin Rames said in an interview with The Daily News on Thursday that the Quelbe […]

Transaction tax

Data Trends: More Government Payments Are Moving to the Internet | Jax Daily Record | Jacksonville Daily Record

Even before the coronavirus pandemic began in March 2020, the Duval County Collector’s Office began to see the trend for customers to transact online rather than in person. “We tried to bring more business on the Internet and out of the office. We are looking for ways to boost e-government. That’s the goal, ”said tax […]

Transaction tax

Legal issues relating to FDI in Thailand Part 4: Main taxes

The main tax law applicable to FDI in Thailand is the Tax Code (“RC”), which covers the following taxes: – (1) Corporate tax (“IS”) CIT applies to companies and legal entities registered in Thailand or registered abroad but carrying on business in Thailand. With the exception of SMEs, companies registered in Thailand pay CIT based […]

Transaction tax

Finance Law: Investors Must Pay 10% Tax On Sale Of Shares Of Any Nigerian Company

Investors in the Nigerian Stock Exchange must pay a 10% capital gains tax on the sale of shares in accordance with the provisions of the signed 2021 Finance Law. The tax is applicable on the disposal of shares valued at 100 million naira or more. The tax also extends to anyone who sells shares in […]

Transaction tax

The business center building donates to the Foundation for Technological Development

Developers CRG and IDEA Partnerships, along with designer-builder Clayco, donated the Enterprise Center building in the Arkansas Research and Technology Park to the University of America Technology Development Foundation , which manages the technology park and its affiliates. The Enterprise Center’s donation is valued at more than $ 20 million, according to a recent property […]

Transaction tax

Exemption from foreign source income tax to reduce corporate profit risk

KUALA LUMPUR: CGS-CIMB positively views the tax exemption on foreign source dividends for companies as it would reduce the risk of profits for companies with large investments abroad. In a note, the company said it was concerned about the government’s earlier decision to remove the foreign source income (ISF) tax exemption for businesses in the […]

Transaction tax

Good news for the Mumbaikars! Uddhav Thackeray announces property tax exemption on residential properties up to 500 square feet

Ahead of the upcoming Brihanmumbai municipal elections, Chief Minister Uddhav Thackeray, who is recovering from spinal surgery, announced a New Year’s gift to the Mumbaikars on Saturday. As promised by Shiv Sena in his “vachannama,” Thackereay, who chaired a virtual meeting, announced a full exemption from property tax on residential properties measuring up to 500 […]

Transaction tax

Independent due diligence blunts the argument for justifiable confidence in a real estate purchase transaction. – Real Estate and Construction

United States: Independent due diligence blunts the argument for justifiable confidence in a real estate purchase transaction. December 29, 2021 Marshall, Dennehey, Warner, Coleman and Goggin To print this article, simply register or connect to Mondaq.com. The Pennsylvania Superior Court recently upheld the trial court’s dismissal of intentional misrepresentation, negligent misrepresentation and fraud in inducement […]

Transaction tax

Orient Semiconductor Electronics: OSE Announces On Behalf Of ORIENT SEMICONDUCTOR ELECTRONICS PHILIPPINES, INC. concerning the transfer of real estate.

Declaration 1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): Building located at No.6 Ring Road, Light Industry & Science Park II, Barangay La Mesa, Calamba City, Laguna, Philippines. 2.Date of occurrence of the event:2021/12/27 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), […]

Transaction tax

How often should you check your bank account balance?

Image source: Getty Images Some people check their bank account balances multiple times a day, while others can easily go most of the year without even logging into their account. If you’re wondering how often you should check your bank account balance, the answer falls somewhere in between. In fact, it’s a good idea to […]

Transaction tax

MEPs welcome European Commission proposals on the creation of EU own resources

When announcing the new EU financial resource proposals on Wednesday, EU Budget and Administration Commissioner Johannes Hahn stressed that they were not only new but also historic. “The last time that own resources for the institutions were officially proposed was the year I was born, it’s no secret, it was 1957”, revealed the Austrian commissioner. […]

Transaction tax

Why Elon Musk pays $ 11 billion in taxes in 2021

According to Forbes’ Real-Time Billionaire List, Tesla and SpaceX founder Elon Musk is worth more than $ 230 billion. This makes him the richest man in the world. Most of his wealth is due to his possession of more than 170 million Tesla shares. Big tech companies and their billionaire founders have often been accused […]

Transaction tax

Businessman wins $ 7.6million tax battle with Revenue after company sells

An Irish businessman won a case against the Revenue Commissioners who allegedly saw him face a capital gains tax bill of 7.6 million euros following the sale of his company for a total of 29 million euros in 2010. he company was sold for an initial amount of € 21.1 million, while a price supplement […]

Transaction tax

Belgium: Tax Alert – The Belgian Supreme Court rules on the application of Belgian and European anti-abuse measures

In short The Belgian Supreme Court recently clarified the scope of the Belgian General Anti-Abuse Provision (GAAR) and its interaction with EU GAAR and the general principle of EU law prohibiting abuse. The Court confirmed that the “new” Belgian GAAR can only be applied to a series of acts provided that all acts are carried […]

Transaction tax

Rosmah fails to remove judge over money laundering and income tax charges, trial to open January 12

KUALA LUMPUR (December 14): Datin Seri Rosmah Mansor failed Tuesday, December 14 in his attempt to challenge High Court Judge Mohamed Zaini Mazlan from presiding over his money laundering and tax evasion case. Thereafter, his trial will begin on January 12, chaired by Judge Zaini. In its decision on Tuesday, the court said Rosmah’s main […]

Transaction tax

ITR for AY 22: How to report dividend income, stock gains, M&O? Two tax specialists explain

ITR for AY 22: How to report dividend income, stock gains, M&O? Two tax specialists explain | Photo credit: iStock Images Millions of small investors first opened demat accounts in the aftermath of the foreclosure and began their investment journey. More than 10.7 million of these accounts were opened in April 2020 and January 2021 […]

Transaction tax

Litigation financing: new possibilities for a mature sector

The financing of litigation is becoming more widespread. The pursuit of uncorrelated and comparable returns to equities has stimulated investment and resulted in the maturation of the litigation finance industry, poised to increase opportunities for financiers and consumers. These consumers are typically law firms funding deals by funding claims portfolios, individual plaintiffs funding costly litigation, […]

Transaction tax

Is the withholding tax system really effective?

ACCORDING to the Bureau of Internal Revenue (BIR), the withholding system is “considered an effective tool in tax collection” because it “encourages voluntary compliance”, “reduces the cost of the collection effort” , “prevents bad debts and loss of income,” and “prevents [a] period of drought in the fiscal conditions of the government by ensuring income […]

Transaction tax

With RBI’s upcoming digital currency based on the same blockchain technology as crypto, it would be foolish to ban crypto trading and ownership, writes Ajit Ranade

A recent visit to a restaurant after a long break was very satisfying. Friends who make up for it, a lot of gaiety and a full course, a sumptuous meal. The bill that came to the end raised eyebrows, but whatever. With the bill, the waiter inserted two coupons of five hundred rupees each. What […]

Transaction tax

Cryptocurrency Bill 2021: Trade tax, card investment, no outright ban; All you need to know

Cryptocurrency Bill 2021: Tax on trading, investment in cards, no outright ban; everything you need to know | Photo credit: iStock Images The government plans to subject cryptocurrency investments by Indian citizens on domestic and global platforms to tax coverage instead of an outright ban. The government plans to change existing tax laws to include […]

Transaction tax

Alta Energy: The Supreme Court of Canada rules on shopping under a tax treaty | Dentons

On November 26, 2021, the Supreme Court of Canada (“SCC”) issued its long-awaited decision in The Queen v. Alta Energy Luxembourg SARL1 . The majority of the Court dismissed the Crown’s appeal and confirmed that, where Canada has agreed in a double taxation treaty to cede taxing rights to another country, it cannot use the […]

Transaction tax

Statkraft acquires the wind power portfolio of Breeze Three

The parties did not disclose the value of the transaction. With this acquisition, Statkraft adds 39 wind farms to its portfolio in Germany and four wind farms in France, thus marking its entry into these markets. The acquisition is part of Statkraft’s plan to build on its capabilities as a wind and solar producer and […]

Transaction tax

Church & Dwight (CHD) acquires TheraBreath brand for $ 580 million

Receive instant alerts for news on your actions. Claim your 1-week free trial for Street Insider Premium here. Church & Dwight Co., Inc. (NYSE: CHD) has signed a definitive agreement to acquire the TheraBreath® brand for $ 580 million in cash. The transaction, which is subject to regulatory approval and other customary conditions, is expected […]

Transaction tax

Tax return: taxpayers can electronically verify their returns in 6 different ways

Last update of the income tax return: As many taxpayers have already filed their tax returns and many still do, it’s a good time for everyone to check their ITRs. Taxpayers should note that the final process of filing a tax return is to verify it. In accordance with income tax laws, if the user […]

Transaction tax

Four tax deductions you can forget to claim if you use pre-filled RTI forms

Don’t miss out on these benefits when filing your income tax returns New Delhi: If you file your income tax return (ITR) this year using the pre-filled forms, you may miss some tax deductions that are not reflected on your Form 26AS or your annual information return and, therefore, don’t get self-filled out on RTI […]

Transaction tax

From the tax law offices of David W. Klasing

More recently, the Treasury Department announced revisions to its plan to implement specific reporting requirements against domestic banks and continue to collect claims. FACTA-related information from offshore banks who have US taxpayer clients. These proposals have been strictly scrutinized by national and international banking communities and conservative lawmakers, but the IRS makes no secret that […]

Transaction tax

Briefing Notes for Nonprofits: Accounting Best Practices for Nonprofits | Business

Nonprofit organizations may be exempt from certain taxes, in particular federal income tax and state sales tax. However, the IRS has rules, similar to those for for-profit businesses, regarding accounting and bookkeeping practices. A 501 (c) (3) organization must keep its books and records over an annual accounting period called a tax year. This is […]

Transaction tax

ULIPs as an investment option after the 2021 budget announcements – An expert decodes

zeenews.india.com understands that your privacy is important to you and we are committed to being transparent about the technologies we use. This Cookie Policy explains how and why cookies and other similar technologies may be stored on and accessed on your device when you use or visit zeenews.india.com websites that link to this policy (collectively, […]

Transaction tax

Record-breaking Macklowe Art Collection Art Auction Turns Transcendence Into A Transaction

Art managers hang Mark Rothko’s No.7, part of the Macklowe Collection, at Sotheby’s, NY, November 5.ANGELA WEISS / AFP / Getty Images Sotheby’s auction house has just sold an abstract painting by Mark Rothko which offers “a portal to the sublime”. And he sold a work of “deep beauty and elegiac grace” by Brice Marden, […]

Transaction tax

Explained: How Redemption Using Retro Tax Refund Helps Cairn

UK oil and gas exploration company Cairn on Monday announced a share buyback program worth £ 20million (Rs 199.9 crore) ahead of a larger buyback program after the company closed. received approximately 7,900 crore of Rs $ 1.06 billion from the Indian government. We are reviewing the details of Cairn’s repayment and share repurchase plans. […]

Transaction tax

Liberty trackers for Atlanta Braves and Sirius look attractive

Freedom Media is in its best position for years ahead of its annual Investor Day next Thursday, with attractive assets and more strategic flexibility that could work favorably for investors in its three follow-up stocks over the next 12 months. The complex company, controlled by media and cable TV mogul John Malone, owns the Atlanta […]

Transaction tax

Brazil supports UK warming limits to repair climate reputation

(Bloomberg) – Brazil set to back UK efforts to keep chances of limiting global warming to 1.5 degrees Celsius alive as Latin America’s largest economy seeks to repair its reputation tarnished climate. Environment Minister Joaquim Leite is expected to back the UK Presidency-led initiative when he addresses leaders at climate talks in Scotland this week, […]

Transaction tax

New York third quarter figures show increasing clarity for multi-family investors

Robust affordable housing and the return of institutional investors signal future market confidence NYC’s multi-family image seems clearer. Ariel Real Estate Advisors The New York multi-family market continued on the promising trajectory indicated by the first half of 2021. According to the most recent from our firm Ariel Property Advisors multifamily relationship, the third quarter […]

Transaction tax

TCIP exempt from taxes – Business & Finance

ISLAMABAD: The Federal Government has exempted the Certificate of Trust Issuance Program (TCIP) from taxes and duties, to be issued under the Sukuk MTN program, aimed at accessing the international capital market, official sources said Business recorder. Sharing the details, sources said the Federal Cabinet, at its July 16, 2019 meeting, approved the establishment of […]

Transaction tax

Need tax relief? There are many ways to donate and save – Press Enterprise

The end of 2021 is fast approaching, so in addition to planning the holidays, it’s also time to think about our 2021 taxes. When President Joe Biden’s infrastructure bill becomes law, tax changes will be made to both individuals and businesses. If you’re a high net worth person, consider meeting with your estate planning lawyer […]

Transaction tax

Whose taxes are increasing? White House considers 4 ways to pay for spending package

Find out what clicks on FoxBusiness.com. Congress lawmakers are still in the process of reaching a deal over President Biden’s multibillion-dollar spending program that would increase funding for Infrastructure and clean energy, as well as social spending initiatives. The president said this week that he had agreed to cut the gigantic price tag by $ […]

Transaction tax

Nevada Legislators: $ 1 State Reimbursement From DMV Must Be Made In Person Nevada News

CARSON CITY, Nevada (AP) – Lawmakers in Nevada have ruled that motorists seeking reimbursement of a $ 1 surcharge per transaction that the courts have ruled to be unconstitutionally authorized in 2020 will have to attend in person at the offices of the state motor vehicle department. The state legislature’s interim finance committee on Thursday […]

Transaction tax

Why we sell our cover in NFT

October 21, 2021 WJUSTIN METZ CHICKEN, a UK-based visual artist, and Graeme James, our designer, created the cover for The Economist for September 18, they looked back. They were inspired by Sir John Tenniel’s whimsical illustrations for “Alice’s Adventures in Wonderland”, published in 1865. The cover accompanied our leader and a briefing on decentralized finance, […]

Transaction tax

Dubai: Global tax deal will hurt Indians who moved trusts to UAE

Several wealthy Indians who have moved family trusts and portfolio entities to Dubai and Abu Dhabi amid the Covid-19 pandemic are now contacting their advisers fearing additional taxes, following the Organization’s new global tax deal for Economic Cooperation and Development (OECD) and the UAE’s plans to introduce more taxes. After all major countries, including the […]

Transaction tax

Banks urged to closely monitor tax crime transactions

Lawrence Agcaoili – The Filipino Star October 18, 2021 | 00h00 MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) reminded banks to closely monitor and report suspicious transactions related to money laundering and terrorist financing as the country steps up efforts to be removed from the list gray of the Paris-based Financial Action Task […]

Transaction tax

Pembrokeshire second residence tax decision hailed by language activists

A move to make owners of second homes in Pembrokeshire pay double the normal council tax rate from next year has been welcomed by Welsh campaigners. There were just eight votes against proposals to raise premiums to 100%, with the possibility of raising an additional £ 2.3million for affordable housing construction and community grants. The […]

Transaction tax

California Governor Vetos Sales Tax Bill to Require Large Online Retailers to File Information Reports Detailing Sales by Destination | Pillsbury – SeeSalt Blog

This week, Governor Newsom vetoed Senate Bill 792 (Glazer), which would have required large online retailers to include in their sales tax returns an additional table showing gross revenue by location. delivery or destination. The bill targeted online retailers with more than $ 50 million in annual sales of tangible personal property. Qualifying online retailers […]

Transaction tax

Crypto user asks 1st Circuit to restrict IRS collection of records

Internal Revenue Service Headquarters in Washington, DC REUTERS / Andrew Kelly Companies Related documents The company and law firm names listed above are generated automatically based on the text of the article. We are improving this functionality as we continue to test and develop in beta. We appreciate comments, which you can provide using the […]

Transaction tax

UB Community Development LLC Announces Funding for Buc-ee Store in Auburn, Alabama

Posted: October 6, 2021 at 5:00 a.m. CDT|Update: 1 hour ago ATMORE, Ala., October 6, 2021 / PRNewswire / – UB Community Development, LLC (UBCD), a community development partner of United Bank, today announced the closure of a $ 7 million New Market Tax Credit Transaction with Buc-ee’s, Ltd., a Texaschain of convenience stores and […]

Transaction tax

Elvis Stojko took out $ 6.5million life insurance on his parents and says he has no idea why it ended up overseas

Elvis didn’t feel like a king. The three-time world champion figure skater saw his hopes for an Olympic gold medal at the 1998 Winter Games dashed by injury. For years, he says, it left him feeling like a failure for Canada and shaken by doubts. Even the silver lining of over $ 1 million in […]

Transaction tax

Thiele and Palumbo push for community housing law as deadline approaches for Governor Hochul to sign bill

Governor Kathy Hochul announces the #VaxtoSchool campaign on September 9. (Credit: Office of Governor Kathy Hochul) With the change of leadership in Albany, Assembly Member Fred Thiele Jr. (I-Sag Harbor) and State Senator Anthony Palumbo (R-New Suffolk) lead a coalition of 35 East End leaders to get Governor Kathy Hochul to sign legislation that would […]

Transaction tax

Kansas Farmers Concerned About Biden Administration’s Proposed Tax Changes | national news

(The Center Square) – The Biden administration’s proposal to repeal the reinforced base and force recognition and taxation of capital gains on death is troubling to many Kansas farmers. “If the strengthened base is removed and the forced recognition of gain on death is implemented, along with a lower inheritance tax exemption, agricultural assets such […]

Transaction tax

Former Sinema aide now fights tax hikes as lobbyist for JPMorgan Chase

A former senior adviser to “centrist” Senator Kyrsten Sinema, D-Arizona, is a key lobbyist for JPMorgan Chase, America’s largest bank and a major opponent of President Biden’s proposed corporate tax increases – which Sinema is also opposed to. Sinema’s refusal to approve Biden’s Build Back Better plan for its $ 3.5 trillion price tag has […]

Transaction tax

Pandemic salvage fuel outbreak as third quarter mergers and acquisitions break all records

File photo: Trader works in the trading room of Barclays Bank in Canary Wharf, London, UK, December 7, 2018. REUTERS / Simon Dawson / File Photo September 30, 2021 By Pamela Barbaglia and Anirban Sen London (Reuters) – Global mergers and acquisitions take third place as businesses and investors shape the post-COVID future with transformative […]

Transaction tax

Treasury plans to adjust tax brackets to write off workers

The herald Prosper Ndlovu–Bulawayo office The TREASURE is about to adjust the tax brackets of workers in order to reverse the erosion of incomes and increase the purchasing power of consumers in the face of the escalation in prices induced by speculative activity in the parallel market. The intervention would bring enormous relief to consumers […]

Transaction tax

Ecommerce Platforms: How Do You Collect Taxes?

Yesterday, the High Court wanted to know how the tax is collected on e-commerce platforms and what action has been taken in the allegation of money laundering by companies. The Bangladesh Financial Intelligence Unit – the government agency responsible for investigating money laundering, suspicious transactions and reports of cash transactions – has been asked to […]

Transaction tax

Crapo, Thune and Toomey lead colleagues to urge Democrats to drop proposal that would jeopardize financial reporting of law-abiding Americans

September 27, 2021 Washington, DC–US Senators Mike Crapo (R-Idaho), member of the Senate Finance Committee; John Thune (R-South Dakota); Pat Toomey (R-Pennsylvania), senior member of the Senate Committee on Banking, Housing and Urban Affairs; and other Senate Republicans, including all Republican members of the Senate Finance Committee and the Senate Banking, Housing and Urban Affairs […]

Transaction tax

Affordable Housing Boosts Bronx and Upper Manhattan Investment Sales Market

The affordable housing market provides stability for investors and lenders. Ariel Real Estate Advisors Traditionally, upper Manhattan and the Bronx have been dominated by the multi-family asset class. The developing land sales market is also primarily focused on this asset class, with affordable and stabilized rental housing leading the market. While the Bronx has recently […]

Transaction tax

Bitcoin owners hit hard as revenue targets online currency

Revenue plans to crack down on traders who make huge profits from cryptocurrencies such as Bitcoin. More than half a million people in Ireland own digital currencies, a recent survey found. While these currencies operate outside the traditional banking sphere, the two state institutions have moved to warn traders that traditional taxation laws apply. Finance […]

Transaction tax

Democrat on powerful House Ways and Means Committee apparently violated stock market rules

Representative Tom Suozzi (D-NY) speaks during a presentation honoring members of the 369th Regiment, Harlem Hellfighters and Harlem Armory in August 2021. Pacific Press / LightRocket via Getty Images Rth. Tom Suozzi (D-NY), Democrat on the House Ways and Means Committee, is the latest member of Congress not to comply with a federal law that […]

Transaction tax

Crypto Investment ITR Filing: Should You Report Cryptocurrency Investments as Foreign Assets on Your Tax Return?

Most experts agree that gains or losses in cryptocurrency trading must be reported on your income tax return (ITR). However, it is not clear whether cryptocurrency investments should be reported in the ITR even though there has been no trade and no gain / loss from it. In accordance with the tax laws in force, […]

Transaction tax

3 Reasons Why You Shouldn’t Buy AMC Tickets With Crypto

AMC Entertainment Holdings (NYSE: AMC) is doing everything in its power to be accessible to its millions of largely young retail investors. CEO Adam Aron has beefed up the multiplex operator’s offerings with recorded concerts, live NFL games, and possibly arcade game events. Last month, AMC announced that it would accept Bitcoin (CRYPTO: BTC) in […]

Transaction tax

Tax alert: the implications of the House Democrats’ tax proposal | Miles and Stockbridge PC

Big tax changes are on the way! President Biden, the House and the Senate all seem to have their own agendas, but the proposal put forward by the House Ways and Means Committee (the “Proposal”) is a good starting point for predicting what might be our future. Corporate and corporate tax reforms Corporate tax rate: […]

Transaction tax

Philippines imposes 12% tax on digital services • The Register

The Philippines became the latest country to impose a tax on digital services. Such taxes force Netflix and Spotify to pay local sales taxes even though their services are provided – legally, conceptually, and physically – beyond local jurisdiction. The Philippines chose a rate of 12 percent, reflecting local value-added taxes. “We have now clarified […]

Transaction tax

Unintended Consequences of Wyden’s Proposal to Change the Tax Treatment of Mutual Funds and ETFs | K&L Gates LLP

On September 10, 2021, Senate Finance Committee Chairman Ron Wyden of Oregon released a Discussion Draft proposing changes to the taxation of partnerships and the taxation of regulated investment companies, including mutual funds and exchange-traded funds (ETFs) – which would have significant impacts in the world of investment funds.1 Much of what is included in […]

Transaction tax

Your Questions: Income Tax: The Indexing Benefit Is About Long-Term Gains From Debt Mutual Funds

Please note that debt mutual funds are classified as long term if held for more than 36 months, while equity-focused funds are considered long term if held for more than 12 months. . By Chirag Nangia From the mutual fund website, I downloaded my capital gains statement. However, I am confused about how much LTCG […]

Transaction tax

Opinion: Does our taxation voluntarily benefit the rich? | Chroniclers

Sounds like a squeeze for shady declarers, doesn’t it? Those who engage in listed transactions may disclose their abusive transactions in their tax return, a decision that will almost certainly trigger an audit. Or they can omit the disclosure and risk a huge penalty. But there is a catch. Section 6707A carries a maximum penalty. […]

Transaction tax

White Oak Capital group gets the green light from Sebi to become a sponsor of Yes Mutual Fund

White Oak Capital Group said Thursday that its subsidiary GPL Finance and Investments had received approval from capital markets regulator Sebi to acquire Yes Asset Management from current sponsor Yes Bank. After receiving all regulatory approvals for this transaction, GPL Finance will now initiate the transfer of Yes Bank’s mutual fund business to become the […]

Transaction tax

How Uber Australia is filling a Dutch cash pool and why it is battling an $ 81.5 million payroll tax bill

Uber Australia continued its long-standing practice of sending income to its parent company in the Netherlands. Key points: Uber financial accounts show Uber Australia Holdings directors for the year 2020 were its own tax advisers The company sends much of its locally earned income to its Dutch parent company, which it describes in its accounts […]

Transaction tax

Columbia County Tax Collections So Far At $ 4.9 Million | Local News

Thirty percent of Columbia County’s property taxes were collected as of Sept. 3, according to tax collector Rachel Waller. “We raised $ 4,952,973.61, which is 30% of the original fee,” Waller said in an email to magnoliareporter.com. The original fees for 2020 taxes, payable in 2021, are $ 16,998,030.71. This includes personal property, real estate […]

Transaction tax

Father’s and son’s love for the plane spills over into the practice of law

Jeff Beswick Some days you can find Jeff Beswick and his son, Ethan Beswick, in the courtroom. At other times, you might see them in the cockpit of their plane. Jeff Beswick is a lawyer and partner at Varnum where he specializes in business law, real estate, estate planning and aviation transactions, which includes the […]

Transaction tax

CSOs consider legal action over $ 1.65 billion Aker-AGM-GNPC transaction

IMANI Africa Vice President Bright Simons said CSOs will resort to legal action if necessary Civil society organizations (CSOs) have warned that they could take the Ghana National Petroleum Corporation (GNPC) to court for what they called “action against the interests of the country.” GNPC is under pressure following its decision to acquire a 37% […]

Transaction tax

Digital taxation proposal: why it’s complicated and not good for India

The July 1 OECD (Organization for Economic Co-operation and Development) proposal for digital taxation is not good news for India, nor for market countries (CoM). By CoMs, we mean countries where digital companies market their services, but do not have their head office or permanent establishment (PE). This will amount to a substantial loss of […]

Transaction tax

Components, supplied as part of a in-transit sale transaction, without payment of tax under the old CST regime attract GST: AAR

Through Mariya Paliwala – August 21, 2021 11:44 p.m. The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that GST is applicable on components, supplied as part of a transit sale transaction, without payment of tax under the old CST regime. The applicant, M / s. Andritz Hydro Private Limited said it has entered […]

Transaction tax

Cryptocurrencies are on the verge of a tax overhaul. Here’s what that will mean.

When people sell stocks in Apple, for example, the price they originally paid for the stocks as well as their gross proceeds when they sell are automatically reported to the IRS by their brokerage firms. The provisions of the infrastructure legislation would impose similar requirements on digital asset brokers. In the tax world, this is […]

Transaction tax

If I buy or sell a house, do I need to hire a lawyer? »RealtyBizNews: Real estate news

Buying or selling a property can be an emotional roller coaster; paperwork and negotiations can make you feel anxious and nervous. Fortunately, most home sales follow a relatively consistent pattern that real estate brokers are familiar with. Title agencies and escrow companies do a great job of helping you through the process and making sure […]

Transaction tax

MARCUS & MILLICHAP: Management report and analysis of the financial situation and operating results (form 10-Q)

Unless the context requires otherwise, the words “Marcus & Millichap,” “MMI,” “we,” the “Company,” “us” and “our” refer to Marcus & Millichap, Inc., and its other consolidated subsidiaries. Forward-Looking Statements The following discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as […]

Transaction tax

Lok Sabha passes retrospective tax bill amid opposition protests against Pegasus and other issues

A view of Lok Sabha during the monsoon session of Parliament, New Delhi, August 6, 2021 | PTI Text size: A- A + New Delhi: Lok Sabha was adjourned for the day shortly after noon Friday after the passage of two bills, including one that proposes to end a controversial retrospective tax policy, amid protests […]