Thursday, October 28, 2021

Indonesia updates tax regulations on ID numbers, mobile credit and luxury goods sales tax |

To support the implementation of public services to citizens in fulfilling their fundamental rights and needs, on September 9 2021 the President of the Republic of Indonesia published and enforced Presidential Decree No.

Service recipient data that has been completed with validation of NIK and/or NPWP can be shared and utilised for:

Publisher: International Tax Review
Twitter: @intltaxreview
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How Elon Musk Could Pay for a Tax on Unrealized Capital Gains | Barron's

Of all the many revenue-raising ideas that have bubbled up out of Washington, the recent proposal to tax unrealized capital gains is particularly jarring.

Even though reports suggest the proposed tax would apply only to people with at least $1 billion in assets, or anyone who has earned at least $100 million in income for three straight years, only the naive will believe Congress would stop there.

Date: 2021-10-28T11:45:00.000Z
Author: Steven M Sears
Twitter: @BarronsOnline
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Alaska DOR Issues Responses Concerning Notice on Oil, Gas Production Tax, Oil Surcharge

The Alaska Department of Revenue (DOR) Oct. 26 issued responses to questions received for proposed changes to certain excise tax regulations to align with S.B. 138.

Twitter: @tax
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Aflac Reports Lower 3Q Profit, Revenue - MarketWatch

Aflac Inc. reported lower third-quarter profit on investment losses, while revenue fell below Wall Street targets.

Third-quarter profit fell to $888 million from $2.46 billion a year earlier. On a per-share basis, profit was $1.32. On an adjusted basis, profit was $1.53 a share, or $1.56 a share when excluding foreign currency impact.

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Publisher: MarketWatch
Date: 2021-10-27T16:17:00-04:00
Twitter: @marketwatch
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Cohen & Steers Infrastructure Fund, Inc.

NEW YORK , Oct. 27, 2021 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc.

The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes.

Twitter: @Yahoo
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Cohen & Steers Limited Duration Preferred and Income Fund, Inc.

NEW YORK , Oct. 27, 2021 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Limited Duration Preferred and Income Fund, Inc.

The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes.

Twitter: @Yahoo
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Puerto Rico sees resurgence of interest among crypto rich

The United States territory of Puerto Rico is seeing a resurgence of interest among crypto investors attracted by the fact it doesn't charge federal income tax, and eligible investors can pay zero taxes on their crypto gains.

Publisher: Cointelegraph
Twitter: @cointelegraph
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Aflac Incorporated Announces Third Quarter Results, Reports Third Quarter Net Earnings of $888

COLUMBUS, Ga. , Oct. 27, 2021 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its third quarter results.

Total revenues were $5.2 billion in the third quarter of 2021, compared with $5.7 billion in the third quarter of 2020. Net earnings were $888 million , or $1.32 per diluted share, compared with $2.5 billion , or $3.44 per diluted share a year ago.

Twitter: @Yahoo
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The Mexico Fund, Inc. Pays Distribution | News | wfmz.com

COLUMBIA, Maryland , Oct. 28, 2021 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF) announced that it will pay today a distribution of $0.18 per share in cash to stockholders of record as of October 21, 2021 , according to the Fund´s Managed Distribution Plan (MDP).

As a general matter, the amount of distributable income for each fiscal period depends on the aggregate gains and losses realized by the Fund during the entire year.

Publisher: WFMZ.com
Author: The Mexico Fund Inc
Twitter: @69News
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Slovenia Launches Public Consultations on Crypto Taxation Law – Taxes Bitcoin News

Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed.

The Finance Ministry in Ljubljana has opened public consultations on a draft law regulating cryptocurrency taxation, Slovenian media reported.

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Publisher: Bitcoin News
Date: 2021-10-28T06:30:19 00:00
Author: Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country
Twitter: @BTCTN
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