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...The UK tax resident entity had claimed tax relief for interest costs linked to the loans, and tried to reduce the UK tax bills of other, profitable companies in the BlackRock group by setting the resulting...
...PGIA, the US division of Australia’s Perpetual, filed for similar relief in February last year, even before the May expiry of Vanguard’s 22-year patent on the structure....
...Vanguard’s patent has been instrumental in helping hold down fees by spreading operational costs across a broader base of assets while also reaping tax efficiencies by executing portfolio changes through...
...World Business Chicago, the city’s public-private economic development agency, reported that the Chicago metropolitan area added a net of 6,656 businesses in the first two years of the coronavirus pandemic...
...Tax fight: EU diplomats have been accused of trying to “kill” UN proposals that would give developing countries more influence in international tax negotiations....
...The mutual fund wrapper is less tax efficient in the US than the ETF wrapper, and all the flows are going into ETFs....
...Ed Koch, the former New York City mayor, captured this sentiment when expressing his relief on buying a burial plot in the city....
...This is little relief to the FT reader who had hoped to sell over several years to minimise his CGT liability. But other savers can still try to plan ahead for unexpected closures....
...A version of this article was first published by Nikkei Asia on March 23, 2023. ©2023 Nikkei Inc. All rights reserved....
...and did not issue [relief to others] for at least a decade”....
...Tax credits are also available for EV battery sourcing and critical minerals for Mexican companies....
...Musk, who recently lost his position as the world’s richest man, raised the prospect at the weekend of standing down as Twitter’s chief executive, bringing some relief to Tesla investors worried that he...
...It had banned dozens of Chinese apps and launched tax and other regulatory proceedings against phone manufacturers since a clash at its northern frontier in 2020 that left at least 24 dead....
...With the increased awareness of ESG investing, climate resolutions have become the norm at Japan Inc’s annual meetings in the past two years, said Chieko Matsuda, professor at Tokyo Metropolitan University...
...They are unlikely to qualify for additional relief reserved for those on means-tested benefits....
...This ruling came despite Vanguard already having exemptive relief to launch any passive share class ETF it wished....
...In California, Governor Gavin Newsom has proposed an $11bn relief package that would include a $400 tax rebate per car owner along with more incentives for electric vehicles....
...The prime minister and chancellor have agreed to prioritise “targeted support” for less affluent families struggling with rising energy costs rather than the same relief for all households, according to...
...A recent graduate of Manchester Metropolitan University, Daly is among those likely to repay more in student loans than predecessors....
...And I also get tax relief. Thank you, Government. And all of these things in concert will hopefully get me closer towards retiring before I reach the age of 70. Jonathan HollowAbsolutely....
...It’s actually, it’s been a great relief, I think, to many in the country who’ve been concerned that we haven’t had enough journalists in politics....
...Lidl’s pre-tax profit was £9.8m after repayment of £100m of business rates relief, compared with a loss of £25m in the previous year....
...Targeted subsidies could take the form of low-interest credit schemes, collective insurance mechanisms, tax reliefs and support in certifying good agriculture practices....
...When Alexandria Ocasio-Cortez, the New York lawmaker, attended a gala dinner at the Metropolitan Museum of Art last month with “tax the rich” written in red letters across her white dress, those goals seemed...
...The core of its support is now younger, metropolitan graduates in urban areas of England and Wales....
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