Transaction tax

South Korean elections should benefit banks

The outcome of South Korea’s presidential election should be positive for the country’s banks, analysts said. Opposition party candidate Yoon Suk-yeol won a close race by less than 250,000 votes on Thursday, winning approximately 48.6% of the vote surfing on public anger at the practices of the administration in place. Some of these policies have […]

Financial transaction

What is identity theft and how can you protect yourself?

A few weeks ago there were reports of fraudulent use of PAN cards to obtain loans from a fintech lending app. Many people were shocked to see loans registered against their PAN and some of the loans were not even repaid resulting in the deterioration of their credit score. Cases of identity theft are on […]

Financial information

Margot James Copeland and Paul Walsh join Banner

WALLA WALLA, Wash., March 04, 2022 (GLOBE NEWSWIRE) — Banner Corporation (NASDAQ GSM:BANR) (“Banner”), the parent company of Banner Bank (“Bank”), today announced that Margot James Copeland and Paul J. Walsh was appointed to the Board of Directors effective March 1, 2022. Copeland and Walsh were also appointed to the Banner Bank Board of Directors. […]

Financial transaction

update: Russia adopts countermeasures to support its financial markets | Morgana Lewis

Russian authorities are taking action on several fronts to support financial markets and keep liquid assets in Russia, including a new set of countermeasures introduced by President Vladimir Putin. The Central Bank of Russia also plays an important role in mitigating the effect of recent economic sanctions against Russia. President Putin issued Executive Order No. […]

Financial information

Lehigh Valley developer charged with failing to disclose financial information to investors, failing to repay loans | Lehigh Valley Regional News

Longtime developer Lou Pektor is accused of failing to notify investors of approximately $11.2 million in judgments and liens against him and his related companies, in violation of the Pennsylvania Securities Act of 1972. A “show cause order” was filed in November by the Pennsylvania Department of Banking and Securities. The order also alleges that […]

Transaction tax

1031 Tax-deferred exchanges still alive | Tucker Arensberg, CP

Commercial real estate professionals and investors have spent much of 2021 worrying about the continued availability of 1031 tax-deferred exchanges for investment real estate. There were a number of proposals floating around Congress that would have done everything from canceling the benefits of a 1031 exchange transaction to ending the availability of exchanges all together. […]

Transaction tax

The TDS rules in real estate transactions have changed. What this means for home buyers and sellers

In the 2022 budget, the Minister of Finance proposed that at the time of the purchase of a property, a TDS (Withholding at Source) of 1% applies on non-agricultural real estate of more than ₹50 lakh based on sales price or stamp duty value, whichever is greater, after a change in the income tax law. […]

Financial transaction

How will fintechs adapt to the metaverse?

marsmeena29 / Getty Images/iStockphoto Metaverse is an emerging technology that is very promising but also has many unknowns. While some predict the Metaverse will become the “new normal” in the future, others believe it’s just some fancy secondary technology that will be used primarily by players. See: Metaverse virtual real estate is booming: what’s the […]

Financial information

United Development Funding IV and United Development

GRAPEVINE, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) — Awaiting appeal of the recent sentencing of two executives associated with United Development Funding IV (“UDF IV”) and United Development Funding Income Fund V (“UDF V”) and together the “Trusts”), the Trusts announced the following management and board changes effective immediately: Jim Kenney was appointed Acting Chief […]

Transaction tax

Stock market players demand the abolition of the LTCG tax

Budget 2022 expectations: As Union Finance Minister Nirmala Sitharaman is set to present her third budget on February 1, 2022, various industry insiders are busy delivering their list of demands. As the real estate sector calls for its secular industry status to be granted in the upcoming 2022 budget, stock market insiders are calling for […]

Financial transaction

Regulators fine mortgage LOs for skipping a class

More than 400 mortgage originators will pay penalties after a multi-state investigation alleged they falsely claimed to have completed an annual continuing education requirement. LOs in 42 states who have settled with state regulators will pay an average of about $2,700 each — $1,000 for each state in which they are licensed — for skipping […]

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

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 […]

Financial information

MARKETS LIVE 2022 roams like a lamb: Markit, construction expenses

Main American indices in green; the bank index jumps> 3% Energy tops the S&P 500 sector winners; weakest real estate group Euro STOXX 600 index gains ~ 0.4% Dollar, rise in crude; bitcoin gold dip 10-year US Treasury yield ~ 1.59% January 3 – Welcome home for real-time market coverage presented by Reuters reporters. You […]

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 […]

Financial information

Commentary: Binance’s Singapore Exchange Closure May Inaugurate More Cryptocurrency Regulations

HGX is licensed to trade shares in private companies as well as token assets including rare whiskey, art and real estate. Thanks to this investment, Binance can continue to develop its crypto business in Singapore. In addition, Binance also plans to set up a blockchain innovation center in Singapore, exploring initiatives such as incubation programs, […]

Financial transaction

RTI Deposit: Not reporting these high value transactions may give you income tax notice

ITR Deposit: Failure to Report These High Value Transactions May Give You Income Tax Notice New Delhi: Taxpayers are required to report some high value transactions on their income tax return (RTI), failing which they may receive a tax notice from the income tax service. It should be mentioned here that the IT department receives […]

Financial transaction

MRM secures its financial resources by refinancing all of

Press release MRM secures its financial resources by refinancing all of its bank debt New seven years € 82.1 loan of one million euros composed of two installments: A credit line of 75.7 million euros allowing early repaymentof all the Group’s bank debt A € 6.4 million credit line to finance investments Paris, December 23, […]

Financial transaction

Harbert Management Corporation announces strategy

BIRMINGHAM, Alabama, December 21, 2021 (GLOBE NEWSWIRE) – Harbert Management Corporation (“HMC”) announces a strategic transaction whereby HMC will become the owner and majority manager of South Bay Partners, LLC (“South Bay”). Based in Dallas, Texas, South Bay is a development platform with 25 years of experience in building quality senior housing communities. Founder and […]

Financial basis

Homebuilders end worst week since January; traders intervene

Homebuilders finished in the red on Friday. The XHB homebuilder ETF, which owns stocks such as Home Depot and Lennar, fell more than 5% for the week, its worst streak since January. The hit came despite better-than-expected data for the group – homebuilder confidence for December rose in the face of rising costs, while housing […]

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 […]

Financial information

Here are all the candidates declared for the race for the United States Senate from Missouri in 2022 | KCUR 89.3

Candidates have until March 29, 2022 to compete in the race, so others may arrive. Primary is August 2, 2022. Here’s who’s been in the race so far, in alphabetical order: Republican Candidates 2022 Eric Greitens – Greitens is a US Navy SEAL veteran who served as governor of Missouri from 2017 to 2018. He […]

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

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

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

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 […]

Financial information

XP Inc. Announces Adjusted Net Inflows of R $ 47 Billion, Credit Portfolio of R $ 8.6 Billion and R $ 3.3 Billion … | Your money

SÃO PAULO, Brazil, October 11, 2021 (GLOBE NEWSWIRE) – XP Inc. (Nasdaq: XP), a leading technology-driven platform and trusted provider of low-cost financial products and services in Brazil, announced today hui its KPI for 3Q21. The Portuguese version of this press release can be found in the Press Releases section of the IR website. Banking […]

Financial transaction

The Fed to investigate the financial transactions of those responsible | Job

Washington (AP) – Independent investigators are investigating whether the Federal Reserve Board of Governors broke the law in last year’s financial transactions, which were the subject of Congressional scrutiny and lively criticism from outside the central bank. The Federal Reserve Board of Governors will investigate “whether the business activities of certain senior officials complied with […]

Financial transaction

FinXperience brings together all parts of the lending process on one platform

The use of technology in today’s mortgage application process is rambling and siled. Borrowers, loan officers, and corresponding processors and underwriters often work on entirely different systems. Meanwhile, borrowers’ real estate agents, brokers and financial advisers may not even have access to these systems, making it difficult for them to support their clients in what […]

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 […]

Financial information

Personal Finance: What Should You Read In A Mutual Fund Before Investing In It? | Bombay News

Since the start of this year, asset management companies have announced around 100 new mutual funds, each fund targeting different investors with distinct risk profiles. Most of the new fund offerings (NFOs) were cheaper with low net asset values ​​(NAVs). The low NAV offers have attracted many lay investors blissfully oblivious to the details that […]

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: […]

Financial basis

Medical Properties Trust and HCA Healthcare agree to 15-year head lease for hospitals representing $ 1.2 billion in MPT assets

BIRMINGHAM, Alabama – (COMMERCIAL THREAD) – Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered into an agreement to lease substantially all of its Utah hospitals to HCA Healthcare (“HCA Healthcare”) (NYSE: HCA), following an agreement entered into by HCA Healthcare to purchase the operations of five Utah […]

Financial transaction

Come on Dees! The Demons to establish future fund after Stonebridge Property Group sells Bentleigh Club to Metro for $ 23.7 million

In a letter to members, Demons President Kate Roffey and CEO Gary Pert announced that the Bentleigh Club had been sold to local real estate developer Metro for $ 23.7 million. Kate Roffey and Gary Pert thanked Stonebridge Property Group and Charter Keck Cramer for their support throughout the sale process. The letter to members […]

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 […]

Financial basis

Trusted industries | RIL share price: Mahindra Finance, a game of value; no significant Reliance surge likely from here: Sandip Sabharwal

I don’t think Reliance is cheap. It is quite to slightly more valued than it inherently should be. The news feed and underperformance of the past drives up the price. Wr might see a further increase, but on an absolute basis I don’t see a very significant benefit for Reliance from the Rs 2,400 levels, […]

Financial information

The Hidden Compensation of Bridgepoint Executives | Financial Time

This is an audio transcript of the FT News Briefing podcast episode: The hidden remuneration of Bridgepoint executives Marc FilippinoHello from the Financial Times. Today is Monday September 6th, and this is your FT News Briefing. [MUSIC PLAYING] Marc FilippinoThe number of transactions in 2021 could break records. And where could Japan go now that […]

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 […]

Financial information

Personal Finances: How To Plan For Early Retirement Bombay News

Planning for early retirement is an art that depends entirely on how you plan your finances to ensure your tax independence. However, simple savings may not be enough given the rising inflation and expenses associated with living in retirement without any regular income. If you want to retire early, here are some basic rules. Evaluate […]

Financial transaction

Afghan Interpreter Spent Years Applying For U.S. Visa And Comes Out With A Favor

An Afghan interpreter faced threats for working with the United States since 2010. Marine Corps Maj.Thomas Schueman told Insider he has been working to secure a visa for his interpreter, Zak, since 2015. Schueman said Zak finally left Afghanistan for Qatar on Wednesday thanks to a friend in the Air Force. Loading Something is loading. […]

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

Capital Square 1031 acquires medical office building with long-term triple net lease in Greater Phoenix

PHOENIX, August 3, 2021 / PRNewswire / – Place de la Capitale 1031, one of the main sponsors of Delaware Statutory Trust Offerings (DST) for 1,031 exchanges and other accredited investors, today announced the acquisition of a 15,286 square foot medical office building in the Phoenix suburb of Gilbert, Arizona. The medical practice building was […]

Financial information

5 keys to performing a GLBA audit | Oberheiden PC

Introduction: purpose and context of the GLBA The Gramm-Leach-Bliley Act (“GLBA”), also known as the Financial Services Modernization Act of 1999, is a federal law enacted by Congress in 1999 that requires financial institutions to adequately protect sensitive customer data by their possession and to take steps to ensure that customer information in their care […]

Transaction tax

Australia to impose reporting obligation on sharing economy / gig platforms

In short The Australian Treasury has issued a survey bill which, if implemented, would require e-platform operators to report to the Australian Taxation Office (ATO) identifying and payment information regarding sellers who participate on their platforms (“Sellers“). The bill adopts the definitions and concepts used in Australian GST law and in particular, the concept of […]

Financial basis

FCPT to announce its financial results for the second quarter of 2021

MILL VALLEY, Calif .– (COMMERCIAL THREAD) – Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership of high quality, net leased catering properties (“FCPT” or the “Company”), announced today He will release financial results for the three and six months ended June 30, 2021, following market close […]

Financial transaction

Luxembourg modernizes its securitization law | Hogan Lovells

The key changes Loans and financial instruments as new means of financing The current version of the law on securitization provides that an SV can only be financed by issuing “securities”. The Preliminary Bill proposes to extend the means of financing to: financial instruments, any form of loan. The addition of “financial instruments” is essentially […]

Transaction tax

Laurel Tinsley Brings Strategic Experience to Tax Advantage Group by Cherry Bekaert

Laurel has impressive experience in structuring complex transactions involving NMTCs, as well as tax credits for historic rehabilitation, social housing, renewable energy, brownfields, and affordable housing assistance programs that have helped. to stimulate economic development. She brings experience in non-profit industry, healthcare, industrial manufacturing, education and renewable energy, which will bring significant depth to TAG’s […]