Search for: "Beneficial Corporation"
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25 May 2018, 9:21 pm
The recent transition of leadership in Cuba, through which Raúl Castro ceded the Presidency of the Republic to Miguel Diaz-Canel (while retaining the position of 1st Secretary of the Cuban Communist Party (PCC)), has elicited at least some interest outside of Cuba. [read post]
24 May 2018, 6:00 am
However, the statutory corporate income tax rate was not the only feature of the business tax code that adversely affects the economy. [read post]
22 May 2018, 5:30 am
In addition to personal income taxes on the principal and the return, corporate income taxes on business profits and estate and gift taxes mean that saving, in some instances, can face up to four layers of taxation.[1] These layers of taxes discourage saving and investment. [read post]
21 May 2018, 9:30 pm
By requiring banks to gather information about the owners of anonymous shell corporations that they do business with, the Treasury Department and FinCEN hope to remove the incentive to hide shady behavior behind anonymous corporate ownership. [read post]
21 May 2018, 7:21 am
This would be mutually beneficial to, say, two companies stuck in an argument over contract language who need a quick neutral third party to make an interpretation so they can quickly get back to business. [read post]
20 May 2018, 3:48 pm
The first clarification reads as follow: “With reference to the second requirement” (the subject to tax requirement) “it must be pointed out that the condition of passive subject of the local corporate income tax must be interpreted as a general liability to tax, which occurs in all those situations in which a company is potentially liable to a corporate income tax, even though in certain circumstances it may benefit from beneficial tax regimes that are… [read post]
18 May 2018, 9:24 am
Before we get into those, though, here’s the basic outline of the proposal: Under current law, pass-through businesses (S corporations, partnerships, LLCs, and sole proprietorships) are not subject to an entity-level tax, unlike C corporations, which pay corporate income taxes. [read post]
17 May 2018, 6:50 am
Charging culpable individuals, such as executives, in addition to companies can have a broad effect on corporate culture, despite the increased costs of building cases against them, he noted. [read post]
17 May 2018, 6:35 am
Yet, whether E&S performance is beneficial to the average shareholder remains controversial. [read post]
14 May 2018, 1:09 pm
There are two types of beneficial shareholders, a Non-Objecting Beneficial Owner (NOBO) and an Objecting Beneficial Owner (OBO). [read post]
12 May 2018, 9:11 am
Still missing is a decent conception of corporate personhood upon which to rest a clear legal conception of responsibility on the corporation. [read post]
11 May 2018, 2:25 pm
Additionally, over $63 million was ordered by courts to be used for beneficial purposes in fighting ocean pollution. [read post]
8 May 2018, 4:51 am
Kinda makes me proud not to practice corporate law. [read post]
7 May 2018, 10:25 pm
at ¶ 16)In 2014, the owners of the beneficial interests in the Trusts were an affiliate of Citibank named SL Resid Holdings, LLC ("Citibank';) and NC Owners, LLC ("NC Owners") (collectively, the "Owners"). [read post]
3 May 2018, 2:00 am
Then, astonishingly, the rug gets pulled out from underneath: A multibillion-dollar corporation wants to bulldoze your house to make room for a massive project. [read post]
30 Apr 2018, 7:05 am
In addition, we suggest that each partner form a Professional Corporation. [read post]
27 Apr 2018, 2:30 pm
The CDD Rule defines a “legal entity customer” as an entity such as a corporation or limited liability company that is formed by filing a document with a Secretary of State, a general partnership, or a similar entity formed pursuant to the laws of a foreign jurisdiction. [read post]
27 Apr 2018, 2:30 pm
The CDD Rule defines a “legal entity customer” as an entity such as a corporation or limited liability company that is formed by filing a document with a Secretary of State, a general partnership, or a similar entity formed pursuant to the laws of a foreign jurisdiction. [read post]
22 Apr 2018, 7:06 pm
Rowe Price was the beneficial owner of several million shares for which Cede served as the record holder. [read post]
21 Apr 2018, 1:00 am
Tax rates are at their lowest in three decades, and the law is set to revert back to the old numbers in a few years. [read post]