MOSCOW—The economic crisis sparked by the coronavirus pandemic is pushing the Kremlin to clamp down on tax avoidance and close an offshore loophole popular with Russian business, as the government scrambles to plug holes in its budget.
Starting in January, Moscow says it will begin taxing at higher rates profits that companies transfer to lower-tax jurisdictions such as Cyprus, Malta and Luxembourg, marking some of the most aggressive steps taken by Moscow in recent years to claw back tax revenue.
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Microsoft Xbox Series S review: a budget-friendly next-gen console - Business Insider
Another new feature, called Quick Resume, allows you to store a specific save state for multiple games so whenever you swap between them, you can pick up directly where you stopped. Quick Resume saves will even stay intact if you turn the console off or unplug it.
It is worth mentioning that the Xbox Series S is much more shelf-friendly than the PlayStation 5 or Xbox Series X, so it might be a good choice if you're not ready to welcome a new centerpiece to your entertainment system.
Ukraine parliament approves 2021 daft budget in the first reading
KYIV, Nov 5 (Reuters) - Ukraine's parliament approved on Thursday the 2021 draft budget in the first reading after voting for amendments that had been put forward by lawmakers.
The speaker said parliament had ordered the government to incorporate amendments while reviewing the document for a final vote.
The government initially prepared the 2021 draft budget with a deficit of 6% of gross domestic product. It is based on the forecasts of 4.6% economic growth and 7.3% inflation.
Clorox Ups Ad Budget To Prepare For New Virus Wave 11/05/2020
“We increased our advertising spend by 30% this quarter,” Clorox CEO Linda Rendle told CNBC’s Jim Kramer earlier this week. “We’re going to continue that investment through the rest of the year because we want to serve more people around the world. We have a unique opportunity to do that as peoples’ behaviors are changing.”
She added, “We have such a moment here for our brands where more consumers are bringing them into their homes.”
Other things to check out:
Why your corporate budget should include solar - The SpareFoot Storage Beat
Corporate budgets for self-storage properties include many different business expenses – from maintenance costs and the water bill to acquiring tenants and mowing grass. Amongst these expenses, one of the most important variable costs includes the monthly electricity bill.
According to the 2012 Commercial Building Consumption Survey (a new survey is currently underway), commercial property owners spend $1.44 per square foot per year on their electricity costs. This means for a facility that is 16,400 square feet (the average size of a warehouse), the annual electricity expenses could be a whopping $23,616. What if there was a way for self storage businesses to reduce their electricity costs and increase their marketability at the same time?
B2Gold Reports Strong Q3 2020 Results; Quarterly and Year-to-date Records for Gold Revenues and
VANCOUVER, BC, November 3, 2020 /PRNewswire/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce strong operational and financial results for the third quarter and first nine months of 2020. The Company previously released its gold production and gold revenue results for the third quarter and first nine months of 2020. All dollar figures are in United States dollars unless otherwise indicated.
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The Company continues to address the COVID-19 pandemic and minimize its potential impact at B2Gold's operations. B2Gold places the safety and well-being of its workforce and all stakeholders as the highest priority and continues to encourage input from all its stakeholders as the situation evolves.
Fort Morgan Council finalizes 2021 city budget – The Fort Morgan Times
The Fort Morgan City Council on Tuesday, Nov. 3, approved an ordinance finalizing the 2021 city budget and allowing the city to collect property taxes.
“We’re just under $72 million in expenditures for the City of Fort Morgan for next year, and we’re excited tor bring this budget to you tonight for final adoption,” City Manger Steve Glammeyer said.
The council approved the annual appropriation ordinance unanimously after its second reading on Tuesday. City staff and Fort Morgan City Council have been reviewing the document for months before adopting the final form.
Govt tweaks stimulus budget to include funding for sovereign wealth fund, food estate program -
The government has once again adjusted its Rp 695.2 trillion (US$47 billion) pandemic stimulus to include funding for a sovereign wealth fund , vaccine procurement and a food estate program, among other things.
Rp 15 trillion will now be allocated to the sovereign wealth fund and Rp 16 trillion as early funding for vaccine procurement, according to the Finance Ministry.
The government has also set aside Rp 5.5 trillion for internet subsidies to support online schooling, Rp 5.02 trillion as aid for honorary teachers, Rp 4 trillion for a food estate program and an additional Rp 2 trillion in capital injections for state-owned pharmaceutical company PT Bio Farma, among other new allocations.
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