Wednesday, August 4, 2021

Multinationals and Indian companies spar over tax on copyright following Supreme Court ruling -

Publisher: The Economic Times
Date: The Economic Times
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Wells Fargo Utilities and High Income Fund Announces Sources of Distribution | Business |

This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.

Publisher: Valdosta Daily Times
Twitter: @TheVDT
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Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions | Business Wire

The Fund is a diversified closed-end fund. The primary investment objective is to seek high current income; capital appreciation is a secondary objective.

Macquarie Investment Management, a member of Macquarie Group, is a global asset manager with offices in the United States, Europe, Asia, and Australia. As active managers, we prioritize autonomy and accountability at the team level in pursuit of opportunities that matter for clients.

Date: 2021-08-03
Twitter: @businesswire
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Global Payments Newsletter, July 2021 | Hogan Lovells - JDSupra

On 15 July 2021, the EBA published a consultation paper (EBA/CP/2021/28) proposing guidelines on the limited network exclusion (LNE) under PSD2.

The EBA explains that Article 3(k) of PSD2 introduced an exclusion for services based on specific payment instruments that can be used only in a limited way.

Publisher: JD Supra
Twitter: @jdsupra
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DoubleLine Opportunistic Credit Fund Declares August 2021 Distribution

LOS ANGELES , Aug. 2, 2021 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of August 2021 .

This news release is not for tax reporting purposes. The release has been issued to announce the amount and timing of the distributions declared by the Board of Trustees. There is a possibility that distributions may include ordinary income, long-term capital gains or return of capital.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: DoubleLine
Twitter: @PRNewswire
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Eaton Reports Record Second Quarter 2021 Results, Raises 2021 Outlook | Business Wire

Sales in the second quarter of 2021 were $5.2 billion, up 35% from the second quarter of 2020. The sales increase consisted of 27% growth in organic sales, 5% growth from acquisitions, and 3% from positive currency translation.

Craig Arnold, Eaton chairman and chief executive officer, said, "Building on the momentum from the first quarter, we achieved strong performance in the second quarter.

Date: 2021-08-03
Twitter: @businesswire
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Under Armour Reports Second Quarter 2021 Results; Raises Full Year Outlook

BALTIMORE , Aug. 3, 2021 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA , UAA) today announced unaudited financial results for the second quarter ended June 30, 2021 .

"We are very pleased with Under Armour's better than expected second-quarter results, which reflect solid progress compared to both 2020 and 2019.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Under Armour Inc
Twitter: @PRNewswire
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BMF letter on the income tax treatment of virtual currencies and of tokens from June 17, 2021 -
Publisher: Lexology
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Biden's minimum corporate rate of 15%: a Pakistani's perspective - Opinion - Business

One of the major initiatives of the new administration at the Capitol Hill in Washington is Joe Biden's recommendation for a minimum corporate tax rate of 15%. This initiative in my view is one of the most important changes in the international fiscal system after the World War-II.

Another feature that led to reconsideration on this subject is the nature of operation of these MNCs. Comprises such as Royal Dutch Shell, Unilever and Coca-Cola were replaced by tech companies like Amazon, Microsoft, Facebook and Google.

Publisher: Brecorder
Date: 2021-08-04 04:14:42
Author: https www brecorder com authors 78028 syed shabbar zaidi
Twitter: @brecordernews
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