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China plans to restrict stock sales by large shareholders as it prepares to lift an emergency ban imposed in July to stop a slid + MORE Jan 6th
BEIJING, China – China plans to restrict stock sales by large shareholders once a ban imposed in July to stop a slide in prices is lifted this week.
Stockholders who own more than 5 per cent of a company will be required to sell shares through private transactions to “avoid shocks to the.... More »
Panama Papers: Mossack Fonseca law firm raided by authorities - CBC.ca + MORE Apr 13th
CBC.caPanama Papers: Mossack Fonseca law firm raided by authoritiesCBC.caOrganized crime prosecutors raided the offices of the Mossack Fonseca law firm Tuesday looking for evidence of money laundering and financing terrorism following a leak of documents about tax havens it set up for wealthy intern.... More »
Business Highlights + MORE Jul 1st
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As desire to acquire mounts, so does risk of losses
NEW YORK (AP) — Goodwill — mankind needs more of it, but there may be far too much in the financial world.
Goodwill is the accounting term for the premium that companies pay when they buy each other, over the value of the actual assets bein.... More »
Realme 9i 5G, Realme TechLife Buds T100 India Launch Today; Watch LIVE Streaming Here - LatestLY Aug 18th
Realme 9i 5G, Realme TechLife Buds T100 India Launch Today; Watch LIVE Streaming Here LatestLYRealme 9i 5G is finally official, costs under $200 - GSMArena.com news GSMArena.comRealme 9i 5G with triple rear camera and 5,000mAh battery: Details | Mint MintRealme 9i 5G.... More »
Control Your Stock with Drive in Pallet Racking Sep 25th
Being a business owner requires making a lot of tough choices. One of them is deciding upon where to invest the money. Installing business storage solutions sounds very promising for the growth of any business but then there is always a question about – is it really required?
Various types of pal.... More »
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
Puerto Rico fights tax evasion as it seeks new revenue sources
– canadianbusiness.com
SAN JUAN, Puerto Rico – With recession biting into profits at their chain of burger restaurants and surf shops, two brothers responded in a way Puerto Rico authorities say is common: by shortchanging the government.
Javier and Oscar Juelle failed to turn over $1.27 million in sales taxes they collected over four years, a move their lawyer Joaquin Monserrate said was meant to help keep them afloat on an island where many businesses have failed in recent years.
“It was a way to try and survive,” Monserrate said. “They were and are in a tight economic situation and were using the money to pay for other things.”
While the brothers were caught and ordered last year to pay the money owed, many others go unpunished, according to officials who say widespread tax evasion by businesses and individuals is one reason the island is in dire financial straits. Economists say Puerto Rico captures just over half the tax revenue it should, failing to collect on an estimated $800 million in unreported income each year…
Javier and Oscar Juelle failed to turn over $1.27 million in sales taxes they collected over four years, a move their lawyer Joaquin Monserrate said was meant to help keep them afloat on an island where many businesses have failed in recent years.
“It was a way to try and survive,” Monserrate said. “They were and are in a tight economic situation and were using the money to pay for other things.”
While the brothers were caught and ordered last year to pay the money owed, many others go unpunished, according to officials who say widespread tax evasion by businesses and individuals is one reason the island is in dire financial straits. Economists say Puerto Rico captures just over half the tax revenue it should, failing to collect on an estimated $800 million in unreported income each year…
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
