The Tax Cuts and Jobs Act of 2017 included international tax provisions whose rules turned out to be burdensome for multinational companies, even though they saved through lower tax rates.
For the report, the GAO interviewed tax executives at several U.S.-based multinationals and found that some companies reported making specific changes, such as moving their intellectual property back to the U.S. in response to a new deduction for income earned from certain foreign-derived sales of property or services attributed to assets located in the U.S. However, in some cases the TCJA had the opposite effect and companies responded by moving profits abroad.
Royce Value Trust, Inc.
NEW YORK , June 1, 2021 /PRNewswire/ -- Royce Value Trust, Inc. (NYSE-RVT) has declared a quarterly distribution of $0.30 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on June 25, 2021 to stockholders of record at the close of business on June 11, 2021 (ex-dividend on June 10 , 2021). The price of shares issued for reinvestment will be determined on June 18, 2021 .
Seattle City (spot)Light: Ramneek Dimen, Senior Regulatory Affairs Analyst
The Basics
Years of Service: One and a half
Division: Regulatory Affairs
Role: Our team focuses on reliability standards compliance and regulations. What that means is we ensure City Light meets or exceeds the safety and security standards set forth by regulatory authorities. Failure to do so can lead to major penalty and safety/security implications not only for at City Light, but for our interconnected electric grid.
If you could use two words to describe yourself, what would they be? Creative and long-winded. I love coming up with new ideas; I think anyone that has gotten the chance to work with me can vouch for the fact that I am an idea-generator. I am most comfortable being in a place of problem-solving and thinking through new ways to approach problems, I think that's where I really thrive. That being said, I am also super longwinded.
DoubleLine Yield Opportunities Fund Declares June 2021 Distribution | National News | kpvi.com
LOS ANGELES, June 1, 2021 /PRNewswire/ -- The DoubleLine Yield Opportunities Fund (the 'Fund'), which is traded on the New York Stock Exchange under the symbol DLY, has declared a distribution of $0.1167 per share for the month of June 2021.
The distribution is subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.
BlackRock Innovation and Growth Trust Announces Initial Distribution and Fund Commentary
NEW YORK--(BUSINESS WIRE)-- The Board of Trustees of BlackRock Innovation and Growth Trust (NYSE: BIGZ, CUSIP: 09260Q108) (the "Trust") announced today the Trust's initial monthly distribution, payable on June 30, 2021. Details are as follows:
*The yield on the IPO price shown above is calculated by dividing the initial monthly per-share distribution by the Trust's IPO price of $20.00 per share and annualizing the results.
Certain Virtus Closed-End Funds Declare Monthly Distributions: AIO, NCV, NCZ, CBH, and ACV
The distributions will be payable on July 1, 2021 to shareholders of record on June 11, 2021 with an ex-dividend date of June 10, 2021 .
The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about each fund's investment objective and risks, please see the fund's annual report.
Optimizing Profit by Intercompany Royalty Payments
We discuss the benefits and tax implications behind intercompany royalty payments in China as a profit repatriation strategy for multinational companies.
With the progressive introduction of marketization, many multinational corporations have chosen to set up subsidiaries in the Chinese mainland. However, given China's strict foreign exchange control regime, repatriating cash from the subsidiaries has always been a challenging issue. Businesspeople should understand and develop a profit repatriation strategy to ensure their access to the profit earned.
Eaton Completes Acquisition of Cobham Mission Systems
Eaton continues portfolio repositioning for higher growth, stronger margins and more consistent performance
Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Cobham Mission Systems. Cobham is a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation, primarily for defense markets. The business has a workforce of approximately 2,000 people and manufacturing facilities in the United States and United Kingdom.
Williams Announces Additional Work at Indian Point | Business Wire
"We are pleased to announce this increase in scope with our longstanding partners, Holtec and CDI," said Kelly Powers, President, Operations & Business Development of Williams. "We believe we were awarded this additional, important decommissioning work as a result of our unwavering commitment to meet and exceed customer expectations on a daily basis in safety, quality, and overall value.
Williams Industrial Services Group has been safely helping plant owners and operators enhance asset value for more than 50 years. The Company provides a broad range of infrastructure related services to customers in energy and industrial end markets, including construction, maintenance, modification and support services.
5 Best Corporate Lawyers in Indianapolis 🥇
Black Clay LLC has a team of experienced and skilled attorneys covering a wide range of industries. They also provide efficient and practical legal solutions. Furthermore, they utilize cutting-edge technology. This offers faster solutions at affordable prices. There are lawyers for criminal cases, family law, and traffic violations.
Their reliable tax law attorneys have in-depth knowledge of tax regulations. Moreover, their services cover property, income, and sales tax disputes. There are also lawyers assisting small businesses as a legal entity. They are professionals in business law. The attorneys guide the clients from planning to execution.
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