Thursday, February 27, 2020

Bakhmatyuk's companies pay over US$313 mln in taxes to consolidated budget - news economics

Bakhmatyuk's companies pay over US$313 mln in taxes to consolidated budget - news economics

During 2017-2019, UkrLandFarming and Avangard Group of Companies paid UAH 7.722 billion to the country's consolidated budget; of this amount, UAH 3.9 billion (US$158.2 million) was transferred to the national budget alone, the press service of one of the country's largest agri-holdings said in a statement on its official website , according to the Ukrainian News Agency .

In particular, VAT payments to the national budget amounted to UAH 2.1 billion (US$85.2 million), corporate profit tax to UAH 31.4 million (US$1.27 million), single social security tax to UAH 1.5 billion (US$60.9 million), and war tax to UAH 234 million (US$9.5 million).

Twitter: @unian
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While you're here, how about this:

Continental Resources Announces Full-Year 2019 And 4Q19 Results; 2020 Capital Budget And Guidance

$775.6 Million (MM) in Net Income, or $2.08 per Diluted Share
• $838.7 MM Adjusted Net Income, or $2.25 per Diluted Share (Non-GAAP)

340,395 Boepd Average Daily Production, up 14% Year-over-Year (YoY)
• 197,991 Bopd Average Daily Oil Production; up 18% YoY

* * *

$406 MM in Shareholder Capital Return
• $190 MM Share Repurchases and $18 MM Quarterly Dividend
• $442 MM Total Debt Reduction; $198 MM Net Debt Reduction (Non-GAAP)

Publisher: WFMZ.com
Author: Continental Resources
Twitter: @69News
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York City Council moves on new budgeting software

York City Council on Wednesday unanimously advanced a resolution to buy new budgeting software, as the city continues to struggle under the existing software's shortcomings.

The resolution would allow the city to enter into a three-year contract with Silicon Valley-based OpenGov, a private software company specializing in finances. The contract would cost $58,000 for the first year and $38,000 the final two years.

"We believe that this is a good fit for the city of York," said Tom Ray, director of business administration.

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Publisher: York Dispatch
Author: Logan Hullinger
Twitter: @YorkDispatch
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How a Mega-IPO Could Help Plug India's Budget Deficit - The Washington Post

That's unclear. The government has yet to say what size minority stake it will sell. Plus, the company's total value is hard to quantify. It holds 32 trillion rupees ($447 billion) of assets, more than the combined holdings of all India's mutual funds. But it's never disclosed its so-called embedded value, the key financial gauge for insurers, which combines the current value of future profits with the accumulated value of funds belonging to shareholders.

* * *

The IPO is the biggest chunk of the government's plan to raise 2.1 trillion rupees ($29 billion) by selling assets. The money would be used to narrow India's budget deficit, which is forecast to be 3.8% this year. The government plan includes offering majority stakes in three other state-run firms -- Bharat Petroleum Corp., Shipping Corp. of India and Container Corp. of India.

Publisher: Washington Post
Date: 2020-02-27T21:10:54.073Z
Twitter: @WashingtonPost
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Were you following this:

Wood County BOE asks for more info on bond project budgets | News, Sports, Jobs - News and

Adam Krason with the architectural and engineering firm ZMM gives a facilities bond project update at Tuesday's Wood County Board of Education meeting. Officials say they are concerned budget numbers between ZMM and Wood County Schools are inconsistent and want a better accounting of individual projects and the overall bond. (Photo by Michael Erb)

PARKERSBURG — Project managers say Wood County Schools bond projects are on time and mostly under budget, but district officials disagree with the company on the exact budget numbers.

Publisher: newsandsentinel.com/
Twitter: @newsandsentinel
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N.J. governor to propose new fees for companies whose workers rely on Medicaid

Gov. Phil Murphy wants businesses to cover a bigger portion of New Jersey's health-care bill when their employees receive Medicaid benefits from the state.

Murphy's $40.85 billion budget proposal is expected to include nearly $4.7 billion to fund Medicaid coverage for more than 1.6 million people.

The "corporate responsibility fee" would generate an estimated $180 million — about six times the amount of a similar proposal Murphy put forward last year, but that wasn't enacted in the final budget.

Publisher: https://www.inquirer.com
Date: 2020-02-25T10:00:14.363Z
Author: Catherine Dunn
Twitter: @PhillyInquirer
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FEATURE: Why manufacturers want these 3 things included in the spring budget

On 12 December 2019, and then again on 31 January 2020, some of that uncertainty slipped away. That was the feeling, at least, at this year’s National Manufacturing Conference on Tuesday (25 February), where keynote speakers and businesses excitedly looked to the future following the Conservatives’ resounding win and the UK eventually leaving the European Union last month.

While there was a sense of cautious optimism at the QE II conference centre in Westminster, event organiser Make UK made it clear that now is the time for action, not celebration. The manufacturers’ organisation highlighted low levels of private sector investment and poor productivity, which chief executive Stephen Phipson said were partly down to poor level of capital allowances compared to other countries and the inclusion of capital investment in the calculation of business rates.

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Whiting Petroleum Corporation Announces Fourth Quarter and Full-Year 2019 Results; Provides 2020

Whiting Petroleum Corporation (NYSE: WLL) today announced fourth quarter and full-year 2019 results.

Bradley J. Holly, Whiting's Chairman, President and CEO, commented, "Whiting delivered solid results following significant organizational changes during 2019 to streamline our organization, realize savings and enhance productivity. Our strong fourth quarter results were underpinned by disciplined spending, lower costs and increased operational efficiency, which drove significant free cash flow generation.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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