Loss-making Indian mobile carrier Vodafone Idea said on Friday it will ask the central government for relief on payments of at least $4 billion after a court ruling required it to pay overdue levies and interest.
Archives for 2019
Maryland Comptroller Improperly Denied NOL Deduction Based on Regulation Amendment
The Maryland Tax Court held the Comptroller overreached his authority in limiting a corporate taxpayer’s net operating loss. The Comptroller impermissibly created a modification to “federal taxable income” through regulatory amendments. Merger of Businesses and NOL Deductions The taxpayer, Sunbelt Rentals, acquired and merged with two entities in 2006. Sunbelt claimed net operating loss (NOL) […]
Saudi Arabia faces reality check as Wall Street heads to Riyadh
Wall Street’s heavy hitters are back in Saudi Arabia but the terms of engagement have changed.
Saudi Arabia faces reality check as Wall Street heads to Riyadh
Wall Street’s heavy hitters are back in Saudi Arabia but the terms of engagement have changed.
Sterling pares losses after PM calls for election; stocks inch up
The pound was weaker but pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson’s call for a Dec. 12 election to break the country’s deadlock over its planned exit from the European Union, while global stock markets edged up.
Oil extends gains despite weak demand outlook
Oil prices extended their gains on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.
Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans
Facebook Inc CEO Mark Zuckerberg sought to reassure sceptical U.S. lawmakers on Wednesday that the company’s planned digital currency Libra would be a force for good that could reduce costs for electronic payments and help more people participate in the global financial system.
Should I Refinance My Mortgage?
Mortgage rates dropped below 4% within the last few months. Does that mean it’s time for you to refinance and lock in a lower rate? Homeowners refinance for all sorts of reasons: to lower their monthly payments, to change the amount of time they have to repay their loan, to get some of their equity […]
3 Unexpected Ways Outsourcing Your Bookkeeping Will Grow Your Business
As a small business owner, you hear this question all the time: “How’s business?” A very typical response is: “Great, but I’m just so busy.” Most business owners are just busy being busy, but I wonder: How many of them know how their business is actually doing? Being busy and being profitable don’t necessarily go […]
Air taxi startup Lilium expands production as prototype exceeds 100 km/h
Berlin, Reuters – A prototype flying taxi has achieved speeds in excess of 100 km/h (62 mph), its German developer Lilium said on Tuesday, giving it confidence to expand production capacity ahead of a planned commercial launch in 2025.