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23 Oct 2020, 8:05 am
Instead, those are just tax elections the business makes with the IRS and Division of Revenue after the corporation is formed. [read post]
23 Oct 2020, 3:28 am
Many people were concerned with the meager financial penalty levied by the Court, particularly because Carnival collected over $3,200,000,000 in profits from over $20,000,000,000 in gross revenue in 2019. [read post]
22 Oct 2020, 2:10 pm
But taxes are something within the control of policymakers, and even within a given revenue target, there are better and worse ways to raise that revenue. [read post]
22 Oct 2020, 7:06 am
The asserted patents, “generally cover apparatus and methods for enabling secure contactless payment with a portable device. [read post]
21 Oct 2020, 3:00 am
” The appellate court found that Lily’s activities in Illinois accounted for approximately 10% of its revenue which was not sufficient to grant general jurisdiction. [read post]
20 Oct 2020, 9:03 pm
This temporary reduction is the result of revenue triggers adopted in 2018, and enhanced revenue from corporate base broadening—the result of the federal Tax Cuts and Jobs Act (TCJA)—quickly met the 7 percent excess collections threshold required for a rate reduction. [read post]
20 Oct 2020, 1:59 pm
In such a case, a jurisdiction that currently has no corporate tax or a low corporate tax rate could claim the revenue from Pillar 2 rather than it accruing to another jurisdiction. [read post]
20 Oct 2020, 3:00 am
The enterprises located in these zones are generally incorporated in the country of location of the zone, but may derive significant financial support and resources from their parent corporations or the home governments of their parent corporations. [read post]
19 Oct 2020, 7:57 am
Pixels admits that at least one of Avery’s photos was sold, producing revenue of $114.05 and a profit of $42.93. [read post]
19 Oct 2020, 5:01 am
So that parent withdrew her child as a student of the defendant, causing the defendant a loss of revenue. [read post]
19 Oct 2020, 1:00 am
The appeal considered whether notice to an applicant of revocation of a sponsor’s licence in respect of his or her Tier 2 (General) Migrant application is required as a matter of procedural fairness. [read post]
18 Oct 2020, 4:59 pm
Scotland MSPs have backed the general principles of the Scottish Government’s Defamation and Malicious Publication Bill, which reforms defamation law in Scotland. [read post]
17 Oct 2020, 7:32 am
How would you rate the current general business conditions for eDiscovery in your segment? [read post]
15 Oct 2020, 1:32 pm
Loop Industries Financials According to the report, Loop has never generated any revenue and currently has an accumulated deficit of $62.3 million. [read post]
15 Oct 2020, 11:00 am
Consistent with the current rules, when an acquisition involves two or more businesses that are “related” (as defined in Rule 3-05(a)), they will generally be treated as a single business. [read post]
14 Oct 2020, 4:17 pm
The amendment required acquiring persons to disclose in their HSR filings what their associates hold in entities that generate revenues in the same NAICS codes as the target. [read post]
14 Oct 2020, 1:10 pm
“Pre-revenue” companies would be allowed a refund of their R&D tax credit. [read post]
13 Oct 2020, 9:01 pm
In general, countries that rank poorly on the ITCI levy relatively high marginal tax rates on corporate income. [read post]
13 Oct 2020, 2:07 pm
The amendment required acquiring persons to disclose in their HSR filings what their associates hold in entities that generate revenues in the same NAICS codes as the target. [read post]
13 Oct 2020, 7:52 am
It has become a somewhat unpleasant autumn ritual for many taxpayers: should we agree to a request from the Louisiana Department of Revenue (the “Department”) for more time to audit. [read post]
