Wednesday, August 18, 2021

Oklahoma Tax Commission Amends Excise Tax Regulations on Gross Production Tax

Twitter: @tax
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Mexico and Central America: Considering the impact of new TP requirements | International Tax

As part of a sweeping effort to curb tax evasion and money laundering, President Andrés Manuel Lopez-Obrador's administration amended the Federal Tax Code (FTC) to introduce a new Chapter VI 'Disclosure of Reportable Schemes'.

Chapter VI is based on the OECD's BEPS Action 12 'Require taxpayers to disclose their aggressive tax planning arrangements and provides the framework for Mexico's mandatory disclosing requirements (MDR).

Publisher: International Tax Review
Twitter: @intltaxreview
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Citizens Bank CD Rates: August 2021 – Forbes Advisor

Citizens Bank features standard certificates of deposit (CDs) in three terms—10 months, 14 months and 25 months—on its website. Numerous additional terms are available, according to the bank's Personal Deposit Account Fees and Features Guide.

None of the bank's CD rates are competitive when compared to rates offered by online banks. Most Citizens Bank CDs pay 0.03% APY. The online-only 14-month CD pays 0.05% APY. There's a $1,000 minimum deposit requirement to open a CD.

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Publisher: Forbes Advisor
Date: 2021-08-16T11:04:32-04:00
Author: E Napoletano
Twitter: @forbes
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Cryptocurrency market tops $2T as bitcoin price surges

The total value of the entire cryptocurrency market shot past $2 trillion over the weekend for the first time since May, fueled by a renewed surge in the price of bitcoin and other digital coins.

The price of bitcoin rose higher than $48,100 at one point on Saturday, its highest level since May 17, according to data from Coinbase.

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Publisher: New York Post
Date: 2021-08-16T19:06:29 00:00
Twitter: @nypost
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Brazil's new income tax rules are on today's congressional agenda (August 17) | The Rio

RIO DE JANEIRO, BRAZIL - The changes in Income Tax regulations are on the Chamber of Deputies Plenary's agenda this Tuesday. The bill represents the second stage of the tax reform (Executive Bill 2337/21).

The bill changes the tax legislation with measures such as the adjustment of the exemption range, the imposition of tax on profits and dividends distributed by companies to shareholders, the lowering of corporate income tax and the elimination of some sectorial corporate tax benefits.

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Publisher: The Rio Times
Date: 2021-08-17T05:46:20 00:00
Twitter: @TheRioTimes
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Grupo LALA announces dividend payment | News | wfmz.com

MEXICO CITY , Aug. 17, 2021 /PRNewswire/ -- Grupo LALA, S.A.B. de C.V.

The second dividend payment referenced above will be made on August 25, 2021 in the amount of MXN $0.1538 for each share, representing the total LALA shares in circulation as of the payment date, upon the delivery of coupon No. 29.

Publisher: WFMZ.com
Author: Grupo LALA S A B de C V
Twitter: @69News
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Should county be sound as a dollar or sound as a crypto? - Miami Today

Talk about a paradox: one county effort aims to require all businesses to accept cash, while another probes whether the county itself should accept crypto payments.

Back-to-back articles in Miami Today last week on the two county aims highlight technological change that divides haves from have-nots and the tech-savvy from other generations.

Publisher: Miami Today
Date: 2021-08-17T23:00:46 00:00
Twitter: @MiamiTodayNews
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Voya Equity Closed End Funds Declare Distributions | Business Wire

With respect to the Fund, the distribution will be paid on September 15, 2021, to shareholders of record on September 2, 2021. The ex-dividend date is September 1, 2021. The distribution per share for the Fund is as follows:

IGD intends to make regular monthly distributions based on the past and projected performance of the Fund. The amount of a Fund's distribution may vary, depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the common shares may change.

Date: 2021-08-16
Twitter: @businesswire
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Walmart Looks to Hire Cryptocurrency Expert - WSJ

Walmart Inc. WMT -0.03% is seeking to hire a cryptocurrency expert, joining a growing number of companies looking to develop strategies for digital currencies such as bitcoin.

The retailer posted a job for a digital-currency and cryptocurrency product lead based at its Bentonville, Ark., headquarters. The hire would be expected to "commit to a product roadmap and drive the project execution" and serve as an expert on the job's subject matter, according to the posting.

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Publisher: WSJ
Date: 2021-08-16T15:47:00.000Z
Author: Omar Abdel Baqui
Twitter: @WSJ
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