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11 Jul 2012, 6:36 am
In general, the closer the supply of bed space comes to meeting or exceeding the demand therefor, the more difficult it will be for the Issuer to house inmates at an occupancy level and at per diem rates which will generate Facility Revenues sufficient to pay principal and interest on the Bonds and to pay Operation and Maintenance Costs.But that was written before the incarceration bubble began to burst. [read post]
11 Jul 2012, 3:01 am
McDavid its new executive vice president, general counsel and corporate secretary. [read post]
10 Jul 2012, 2:36 pm
Taxes do increase revenues, but that doesn't mean that they cannot also be used to modify behavior, which is what penalties do. [read post]
10 Jul 2012, 8:25 am
There is a quota for foreign films that can share in box office revenue. [read post]
10 Jul 2012, 8:07 am
This is done through a 1023 form supplied by the Internal Revenue Service (IRS). [read post]
10 Jul 2012, 8:04 am
This is done through a 1023 form supplied by the Internal Revenue Service (IRS). [read post]
9 Jul 2012, 5:02 am
” The Corporation “retain[ed] all [other] assets, properties[,] and rights,” including the company name, office location and lease, telephone number, domain name and website, two-thirds of the Corporation's staff, and 70 percent of its contracts by revenue, along with the direct federal defense-related goodwill etc. [read post]
7 Jul 2012, 3:24 pm
There was a hush in the room during the oral arguments on the Affordable Care Act when Justice Anthony Kennedy asked Solicitor General Donald Verrilli, arguing the individual mandate was authorized by the Commerce and Necessary and Proper clauses, "Can you identify for us some limits on the Commerce Clause? [read post]
7 Jul 2012, 1:41 am
Google has filed its Bill of Costs [PDF] in the Oracle v. [read post]
6 Jul 2012, 8:37 am
According to our calculations, a British Columbia-style $30 carbon tax would generate about $145 billion a year in the United States. [read post]
5 Jul 2012, 7:34 pm
The Canada Revenue Agency ruled several years ago that agent’s commissions are not deductible. [read post]
3 Jul 2012, 12:49 pm
No Per Se Duty to Minimize Corporate Taxes In connection with the demand futility analysis and providing helpful examples of successfully establishing particularized facts that raise reasonable doubt that directors are disinterested and independent, such as when a director sits on both sides of a transaction or derives a benefit from a transaction that is not shared by the corporation or all stockholders generally, the Court observed that: “there… [read post]
3 Jul 2012, 8:53 am
Writes the New York Times in a front page story today: "What we're learning is that money doesn't deter corporate malfeasance," said Eliot Spitzer, who, as New York's attorney general, sued GlaxoSmithKline in 2004 over similar accusations involving Paxil. [read post]
3 Jul 2012, 8:53 am
Writes the New York Times in a front page story today: "What we're learning is that money doesn't deter corporate malfeasance," said Eliot Spitzer, who, as New York's attorney general, sued GlaxoSmithKline in 2004 over similar accusations involving Paxil. [read post]
2 Jul 2012, 3:38 pm
This is in contrast to corporations taxed under Subchapter C of the IRC in which the entities and the shareholders are subject to taxation. [read post]
1 Jul 2012, 9:27 pm
Key facts and quotes from the article: Axiom is a C-class corporation, not a corporation, and has “more than $30 million in venture capital” in backing 2011 revenue of $130m, up 62% from the prior year. [read post]
1 Jul 2012, 5:52 pm
Former journalist Denis MacShane MP argued in favour of a new clause that would bar corporations from suing for libel. [read post]
1 Jul 2012, 10:22 am
Second, the increased PBGC premiums are slated for general revenue which means that incremental dollars may never be available to pay participants of troubled sponsors because they have already been spent elsewhere. [read post]
29 Jun 2012, 5:00 am
The general rule for nonprofits is that certain passive income such as rent, interest, dividends, and royalties are not subject to the unrelated business income tax (UBIT) under Internal Revenue Code section 512(b). [read post]
29 Jun 2012, 2:00 am
Returning to California, the Department of Corporations actually has a rule exempting any person who does not hold itself out generally to the public as an investment adviser, and who advises only banks, trust companies, savings and loan associations, real estate investment trusts as defined in Section 23000 and 23002 of the Code, or other organizations specified in Section 25203 of the Code. [read post]
