Hints and tips:
...Vietnam has pledged tax breaks and other perks to semiconductor companies to help develop the sector as the south-east Asian country takes on an increasingly crucial role amid the China-US chip war....
...One good read A carbon tax by other means....
...In return they pay no corporate tax....
...The legislation offers billions of dollars in subsidies and tax credits aimed at bringing chip production onshore to address economic and national security concerns....
...The same problem exists at Valencia, which under Lim has turned a pre-tax profit in only one of his seven years in charge with debts of roughly €200m....
...status Paytm sets India’s largest-ever IPO, targeting $2.2bn Philippines’ biggest bank seeks slice of mobile payment boom Google to roll out fintech services in Japan Vietnam moves to delay ecommerce tax...
...disinformation and political pressure on Facebook are expected to escalate in the next 10 months heading into the presidential elections, 12 Philippine senators are seeking an investigation into reports that public funds...
...The company said its like-for-like earnings before interest, tax, depreciation and amortisation rose 10 per cent in the same period, to $943m....
...Naturally, Petsmart creditors — by now dominated by hedge funds — disagreed....
...Also, even with a reduced tax burden, critics question whether the companies loading up on debt can support said interest payments in a downturn....
...But SRS's bonds simply limit “First Lien Net Leverage”, which means it does not consistently capture debt with a secondary claim (or second lien) on company assets, he said....
...Authorities have closed Mr Modi’s Indian boutiques; seized jewellery and gemstones from his stores, offices and workshops; frozen his Indian bank accounts; put liens on his properties; and impounded his...
...It is the subject of a behind-the-scenes bidding war among a group of private equity funds that has reportedly included Blackstone, Energy Capital Partners and Carlyle....
...Like, say, Walter’s Alabama mines, which were sold to an entity owned by its first-lien creditors....
...Soon after, Judge Goldgar allowed the second-lien bondholders to review the bank and tax records of those officials — including Apollo co-founder Marc Rowan and TPG co-founder David Bonderman — to evaluate...
...hedge funds, this will make for a potentially long, hard-fought process,” said Max Frumes, a senior editor at Reorg Research....
...The independent debt authority, which has amassed roughly $17.2bn of debt, was guaranteed a certain portion of revenues generated by a new sales and use tax, separating it from the island’s general fund....
...Puerto Rico is at a dead end, shifting funds from one creditor to pay another”....
...Current price talk is about 800 basis points over Libor on the five-year senior secured first-lien Term Loan B, according to lead manager Deutsche Bank....
...Income disparity has widened as Singapore has become a tax-friendly financial hub....
...Back to MMA: The security for repayment of the Quality of Life Note is a first priority lien on wagering tax revenues (casino revenues) up to $4 million/month, a second priority lien on income tax revenues...
...The government should think twice before taking a lien on students’ pay to fund a lavish stipend for the academy....
...Cengage retained substantial cash balances and could fund operations from cash flow without debtor-in-possession financing, a company statement said....
...Mr Berlusconi’s People of Liberty party was pleased with moves to trim the powers of Equitalia, Italy’s draconian tax collection agency, so that it can no longer impose a lien on first homes for people facing...
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