Friday, September 3, 2021

Treasury Eyes Foreign Tax Credit Rules, Others By Year End (2)

The Treasury Department is aiming to issue a flurry of long-awaited tax regulations by the end of the year, including regulations on foreign tax credits, a Treasury official said Thursday.

Treasury also expects to issue rules by year's end on previously taxed earnings and profits; elections under the passive foreign investment company rules; foreign pension funds under Section 897(l) ; and repatriations of intellectual property under Section 367(d) , said Jose Murillo, Treasury's

Twitter: @tax
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World Bank: Time to strike Dominican Republic's tax break morass

Santo Domingo.

Publisher: DominicanToday
Author: Merit Designs Consulting Group 2006 2020
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Virtus AllianzGI Convertible & Income Fund Declares Quarterly Distribution: 5.625% Series A

The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated "A" by Fitch Ratings and have an annual dividend rate of $1.40625 per share.

The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes.

Twitter: @Yahoo
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Tax Incentives for Special Economic Zones in Indonesia

These tax incentives include exemptions from income tax, value-added tax (VAT), import duties, sales tax on luxury goods, and excise duties.

The government has worked hard to diversify economic activity away from the island of Java, which contributes some 58 percent of the total Indonesian GDP and accounts for 60 percent of the country's total population of 270 million.

Publisher: ASEAN Business News
Date: 2021-09-02T12:37:51 00:00
Twitter: @ASEANBriefing
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Virtus Total Return Fund Inc.

HARTFORD, Conn., Sept. 2, 2021 /PRNewswire/ -- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions:

Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof.

Publisher: Prime Publishers, Inc.
Author: Virtus Total Return Fund Inc
Twitter: @ctvoicesnews
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Maryland Proposes Method to Calculate New Digital Ad Taxes (1)

Large tech companies affected by Maryland's one-of-a-kind tax on digital advertising will have until Nov. 8 to submit comments on proposed regulations drafted by the office of state Comptroller Peter Franchot.

Twitter: @tax
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Foreign contractor tax in Vietnam - Lexology
Publisher: Lexology
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Chevron, Bunge Announce Proposed Joint Venture to Create Renewable Fuel Feedstocks | Business |

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Bunge North America, Inc.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210902005208/en/

Upon finalization of the joint venture, Chevron and Bunge's partnership would establish a reliable supply chain from farmer to fueling station for both companies.

Publisher: Valdosta Daily Times
Twitter: @TheVDT
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Uzbekistan sets out an ambitious road map to becoming a key start-up hub | Euronews

In a major national event held physically in Tashkent and virtually across the country on August 20, Uzbek President Shavkat Mirziyoyev talked to around 10,000 entrepreneurs, addressing concerns and laying out plans for a root and branch reform of business and tax regulations.

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Publisher: euronews
Date: 2021-09-01 17:25:04
Twitter: @euronews
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