Hints and tips:
...While not necessarily indicative of the market value, the price Son paid was nearly six times the home’s assessed value for property taxes at the time, according to public records....
...But according to a complaint filed in Delaware Chancery Court on Wednesday, “there was no legitimate reason to pay the founders’ personal taxes”, and an aggrieved Apollo shareholder, the Anguilla Social...
...There are investors and advisers who will bend over backwards and risk a capital loss just to avoid paying taxes, ever. So if you want to risk capital loss to avoid paying taxes, that’s a choice....
...The group reported more than €1bn in earnings before interest, taxes, depreciation and amortisation for last year, driven by an 82 per cent like-for-like increase in profits from its upscale segment....
...They have cut lending rates, mortgage rates, business taxes, stock-trading fees and even admission costs at tourist sites; extended EV subsidies; relaxed regulations; intervened in forex markets; and extended...
...Wood noted on Thursday’s webinar that she thought the potential to save on taxes offered by her company’s ETFs was underappreciated....
...HIG said it calculated its $915mn purchase price by calculating a valuation of 13 times Mobileum’s 2021 earnings before interest, taxes, depreciation and amortisation....
...João Camargo, chair of the Esfera business group, said the reform would “improve [Brazil’s credit] rating and bookkeeping and reduce the complexity of the tax system”....
...competitors to the Citadel LLC hedge fund....
...The acquisition implies an enterprise value of £701mn for TRG, valuing the company at a multiple of around nine times adjusted earnings before interest, taxes, depreciation and amortisation....
...It also delivered about $4.9 billion of earnings before interest, taxes, depreciation and amortization during that period, compared to $7.9 billion for the full year 2022, according to the people....
...This legislation seeks to stop company directors benefiting from paying typically lower corporate taxes and dividend taxes over employment taxes — if the company is controlled by another party, like an accountant...
...Smith admitted to his involvement in a tax scheme that allowed him to evade paying millions of dollars in taxes....
...Citadel, the $59bn hedge fund and market maker run by Ken Griffin, in June 2022 announced it would move its headquarters from Chicago, citing lower crime in Florida and the sunshine state’s lower taxes....
...The company says moving its HQ to the Netherlands will be “neutral” for its taxes and is not motivated by the personal interests of Del Pino, who owns 20 per cent of its shares via a Dutch entity, or anyone...
...Illumina might now have to pay a $458mn fine and up to $1.75bn in taxes if it was forced to divest Grail at the same price at which it was purchased, Icahn said....
...Gaming the system The ultra-wealthy have a secret weapon to save billions on taxes, ProPublica reports: selling stocks at a loss and replacing them with nearly identical investments....
...business scrambles to contain fallout from Kanye West controversy (FT) Germany allows Chinese shipping group a stake in its biggest seaport (FT) European banks’ bumper quarter raises prospect of windfall taxes...
...A small windfall for FTX: the bankrupt exchange has agreed to sell its futures and clearing business LedgerX LLC to stock and derivatives exchange MIAX for $50mn....
...The MicroStrategy founder, executive chair and former chief executive is accused of fudging the details of his residence to avoid city taxes....
...Citadel’s earnings before interest, taxes, depreciation and amortisation rose 53 per cent from the year prior to $1.1bn in the quarter....
...After taxes, Apollo generated $915mn in adjusted net income, or $1.52 per share, beating analyst estimates....
...Until a few months ago, 29-year-old Mathilde Hignet spent most of her time doing the bookkeeping for her parents’ apple cider and potato farm in Brittany....
...Jeff Sabin and Andrew Curry, lawyers with Venable LLP, signed into the hearing in person representing a firm called Digital Augean, LLC....
...Vista’s first such debt deal came a year after its founder, Robert Smith, settled a criminal investigation in October 2020 with the US Department of Justice in which he admitted to evading $43m in taxes....
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