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23 Nov 2014, 12:00 am
Background There are still a number of corporations which have not fully recovered from the economic downturn, which consequently leads to less tax revenue for tax authorities. [read post]
22 Dec 2015, 2:38 pm
Section 162(m) of the Internal Revenue Code generally prevents a publicly traded corporation from claiming a tax deduction for compensation to a CEO or other top executive in excess of $1 million a year. [read post]
22 Dec 2015, 2:38 pm
Section 162(m) of the Internal Revenue Code generally prevents a publicly traded corporation from claiming a tax deduction for compensation to a CEO or other top executive in excess of $1 million a year. [read post]
22 Dec 2015, 2:38 pm
Section 162(m) of the Internal Revenue Code generally prevents a publicly traded corporation from claiming a tax deduction for compensation to a CEO or other top executive in excess of $1 million a year. [read post]
27 Jun 2012, 3:33 pm
Delaware Division of Revenue – Provides tax information and forms for individual and business taxpayers. [read post]
7 Aug 2024, 11:27 am
Appian requested unjust enrichment damages; a common form of damages in trade secret lawsuits that are based on the defendant’s revenues or profits generated from using the ill-gotten trade secret. [read post]
16 Sep 2010, 12:31 pm
With higher revenues and a lower debt load following its emergence from Chapter 11 (reorganization) bankruptcy, things are looking up at Six Flags Entertainment Corporation (SIX). [read post]
12 May 2010, 8:50 am
The General Assembly of Maryland has concluded its annual 90 day session. [read post]
11 Nov 2020, 7:00 am
Without a sales team, Nikola received $10 billion in pre-order revenue for its first semi-truck. [read post]
3 Sep 2013, 3:30 am
The general rule is stated in § 909(a) of the Business Corporation Law. [read post]
18 Jul 2019, 12:25 pm
Year Franchise Tax Rate Under General Assembly’s Budget 2019 0.15 percent for all corporations (status quo) 2020 0.129 percent for all corporations except electric power companies 2021 0.096 percent for all corporations except electric power companies 2027 0.096 percent for all corporations Eliminating an entire tax of this size immediately represents too much of a budget hit, so gradually reducing reliance on this revenue stream by phasing… [read post]
21 Jul 2018, 1:41 pm
The short answer is no (Revenue Procedure 2017-5). [read post]
28 Sep 2022, 1:26 pm
Louisiana Department of Revenue income tax auditors are increasingly proposing large assessments by misapplying a formula in a Department regulation (La. [read post]
26 Sep 2018, 6:55 am
First adopted less than a decade ago, the tax generated very little revenue while driving wealthy seniors out of the state. [read post]
12 Jun 2022, 11:36 am
On June 7, the Internal Revenue Service (IRS) Whistleblower Office published its annual report for Fiscal Year (FY) 2021. [read post]
12 Apr 2016, 7:39 am
In the case of corporate groups, regulatory authorities are expected to calculate fines on the basis of consolidated revenue. [read post]
31 Jan 2007, 12:25 pm
Partners don't want to reduce their take, so firms are increasing the number of new hires--the top 250 firms now average 50 new hires each year--as the most direct way to generate additional revenue. [read post]
17 Nov 2012, 7:51 pm
” On the same day New York Attorney General Eric T. [read post]
23 Nov 2015, 7:31 am
At a minimum, the earnings-stripping rule of Internal Revenue Code section 163(j) could be made more rigorous. [read post]
12 Feb 2016, 5:01 am
, When Those Who Hate Takers Take Tax Revenue, and Where Do the Poor and Middle Class Line Up for This Tax Break Parade? [read post]