Thursday, July 29, 2021

New Tax Regime for UK Asset-Holding Companies: Welcome Reform Efforts | Weil, Gotshal & Manges

The proposals are part of a drive to encourage fund managers to increase their use of UK AHCs in their fund structures and enhance the UK’s position as an asset-holding jurisdiction of choice for private investment funds.

Under the regime, AHCs which elect to benefit from the regime and which are qualifying asset holding companies (“ QAHCs ”) (as to which, see below “ Qualifying Asset Holding Companies ”) will be taxed in accordance with existing UK corporation tax rules, subject to the

Publisher: JD Supra
Twitter: @jdsupra
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Ky. Seeks Public Service Corp. Tax Classification Rule - Law360

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Author: https www law360 com tax authority articles 1407666 ky seeks public service corp tax classification rule
Twitter: @law360
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A new framework for HR in a "work from anywhere" economy | SmartBrief

If the last 18 months have proven anything, it's that any HR team can move to a remote-first model much faster than they (or anyone) thought.

Chief HR officers and HR professionals have also learned to rapidly scale up, or build from scratch, systems for managing, hiring and onboarding employees outside traditional office structures.

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Publisher: SmartBrief
Date: 2021-07-28T16:26:46-04:00
Twitter: @smartbrief
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Juniper Networks Reports Preliminary Second Quarter 2021 Financial Results | Business Wire

Net revenues were $1,172.3 million, an increase of 8% year-over-year and an increase of 9% sequentially.

GAAP operating margin was 7.3%, a decrease from 8.3% in the second quarter of 2020, and an increase from 2.6% in the first quarter of 2021.

GAAP net income was $62.0 million, an increase of 1% year-over-year and an improvement from a net loss of $31.1 million in Q1'21, resulting in diluted income per share of $0.19.

Date: 2021-07-27
Twitter: @businesswire
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Supervisors Approve Service Agreement For Security Upgrade, Hire Law Firm, And More | Sandhills

SUPERVISORS— The Custer County Board of Supervisors stayed busy on Tuesday, July 27 with their regular meeting.

Emory Haynes, with the Veterans Service Office, presented the annual report and the budget review where he noted there were not going to be many changes. He did say the phone bill line item in the budget had been exceeded due to more phone calls being conducted during COVID.

Publisher: Sandhills Express
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South Korea To Collect Delinquent Taxes From Crypto Cold Wallets

South Korea’s newly amended tax law will allow authorities to collect delinquent taxes hidden in cryptocurrency cold wallets.

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Publisher: Forkast
Date: 2021-07-27T18:18:14 08:00
Author: South Korea newly amended tax law will allow authorities to collect delinquent taxes hidden in cryptocurrency cold wallets
Twitter: @forkast_news
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Mercury introduces industry-first heterogeneous processing

ANDOVER, Mass., July 28, 2021 (GLOBE NEWSWIRE) -- Mercury Systems Inc.

"Demanding radar, artificial intelligence and similar processing-intensive applications rely on rapid technology adoption to keep pace with evolving threats," said Neal Austin, vice president and general manager, Mercury Microelectronics.

Publisher: GlobeNewswire News Room
Date: 7/28/2021 8:15:00 PM
Author: Mercury Systems Inc
Twitter: @globenewswire
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Amazon Celebrates Local Businesses in Singapore for National Day | Taiwan News | 2021-07-28

With Amazon's latest 2021 study revealing that more than half of Gen Z Singaporeans are #ShopLocal fans, the curated storefront further builds on the strong Shop Local momentum from this year's Prime Day (21 & 22 June), which delivered the two biggest days ever for small businesses on

"Nurturing local businesses has always been at the core of our work at Amazon and goes hand in hand with our customer obsession. Our Shop Local storefront aims to directly connect brands and shoppers across Singapore, providing over 225 free tools to help SMBs get online and scale.

Publisher: Taiwan News
Date: 1B767768A4DBD00EE727D7234A6D366E
Author: Taiwan News
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