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...Credit rating reviews from Moody’s on April 26 and S&P on May 31 could result in downgrades....
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
...The Treasury department next month is due to issue tax guidelines that determine which types of hydrogen projects will qualify....
...Intuit said AI was not completing or filing a tax return in TurboTax: “If a TurboTax filer ever has a question about their tax return, they are only a click away from a live tax expert at all times.”...
...Paul Morey, chief executive of Herschel Infrared, said the heating company had been told it owed more than £31,000 to the government despite not receiving the value of an R&D claim in cash or a reduced tax...
...First Solar said it would sell up to $700mn of tax credits for which it was eligible to Fiserv, a large, listed fintech company which was willing to pay 96 cents on the dollar....
...People who choose to forgo child benefit to avoid the charge also lose credits towards their state pension entitlement that come with the benefit....
...Some 81 per cent of active equity mutual funds paid capital gains over the five years ended March 31, Morningstar data shows....
...One advantage that ETFs have over mutual funds is that they are more tax efficient, Guillette said....
...ETFs are having tremendous success in the industry as low-cost, tax-efficient portfolio building blocks,” he added....
...WW’s $1.3bn net debt — nine times its earnings before interest, tax, depreciation and amortisation — also worries some market participants who believe the company may face unmet financial obligations or...
...Kirkland & Ellis has named Ceinwen Rees as a tax partner in London. She joins from Macfarlanes....
...Bulgaria, meanwhile, introduced a punitive transit tax on Russian gas crossing its territory, some of which end up in Austria....
...A claim filed in a court in Los Angeles on Tuesday said the use of a “special expenses” fund of $950,000 after tax was an agreed part of his contract....
...Finra set the interest rates at those set out in the tax code between March 2018 and March 2020....
...US President Joe Biden’s landmark climate law, the Inflation Reduction Act, which included lucrative tax credits for clean energy, is a big draw factor, as well as the availability of cheap natural gas,...
...HSBC announced a further share buyback worth up to $2bn and a 31 cents a share dividend for the quarter....
...Extreme weather risked causing “reduced tax revenues, increased government expenditure, lower credit ratings and increased cost of borrowing”, it added....
...The long-awaited landmark in the ride-hailing company’s finances came after it had racked up a total of $31.5bn in operating losses since 2014, the first year for which it disclosed details of its finances...
...It had one quarter in 2017 with a larger loss of $18bn from a non-cash charge related to Donald Trump’s sweeping tax cuts that affected the value of its deferred tax assets....
...a tax on billionaires....
...The Manchester-based company cut profit expectations after group revenue fell almost 18 per cent for the six months to December 2 while pre-tax profits fell about a quarter to £26.1mn....
...Annual ebitda dropped by 31 per cent, mostly due to iron ore and copper. Free cash flow contracted from $25.2bn to $5.6bn....
...Squire Patton Boggs has hired David Nisbet as a partner in its tax strategy and benefits practice group in London. Nisbet, a private equity and tax fund specialist, joins from Osborne Clarke....
...However, the December 31 deadline was increasingly unlikely to be met and the talks extended due to several hurdles, according to people familiar with the matter....
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