Saturday, November 13, 2021

BIR to strengthen fintech tax regulations | ABS-CBN News

MANILA— The Bureau of Internal Revenue will strengthen tax regulations for the financial technology (fintech) industry as online transactions continue to gain traction during the COVID-19 pandemic, the Department of Finance said Friday.

"The BIR will continue to gather information and knowledge from the other regulatory agencies on identifying, addressing and closing the gaps resulting from the development and proliferation of fintech entities not clearly or explicitly covered by existing regulations," Deputy Commissioner

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Publisher: ABS-CBN News
Date: 2021-11-12T09:22:24 00:00
Author: ABS CBN News
Twitter: @ABSCBNNews
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Liberty All-Star Equity Fund October 2021 Monthly Update

BOSTON , Nov. 13, 2021 /PRNewswire/ -- Below is the October 2021 Monthly Update for the Liberty All-Star Equity Fund. (NYSE: USA )

Investment Approach:
Fund Style: Large-Cap Core
Fund Strategy: Combines three value-style and two growth-style investment managers.

Author: Liberty All Star Funds
Twitter: @PRNewswire
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Google, Facebook, other major companies do not object new Armenian tax regulations | ARMENPRESS

YEREVAN, NOVEMBER 11, ARMENPRESS. According to proposed legislative amendments, non-resident companies providing electronic services in Armenia must pay a value added tax starting from January 1, 2022, a senior tax official said at a press conference in Armenpress.

Lusine Ayvazyan, head of the department of management of information systems changes and impact assessment at the State Revenue Committee, said that works are already underway with the major international companies which provide electronic services in Armenia.

Publisher: armenpress.am
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The Democrats' big tax cut for the rich | WORLD

House Speaker Nancy Pelosi argues for the Build Back Better plan on Capitol Hill. Associated Press/Photo by Andrew Harnik

The legislative status of many of the Biden administration's various spending plans has been in near constant state of flux.

Publisher: WORLD
Twitter: @WNGdotorg
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Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment – Taxes Bitcoin News

As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies.

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Publisher: Bitcoin News
Date: 2021-11-12T00:00:16 00:00
Author: Authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds
Twitter: @BTCTN
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Investing in commercial real estate: Pros and cons, tax implications explained - The Financial

With products like fractional ownership and REITs, investing in Commercial Real Estate (CRE) properties has become budget-friendly and less tedious. CRE can provide a steady cash flow in the form of rentals.

CRE properties are valued at 25-30 crore and upwards. Traditionally, CRE investment has remained restricted to UHNIs and HNIs owing to the exorbitant ticket size. However, with new business models such as fractional ownership and REITs, CRE as an asset class has been largely democratized.

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Publisher: The Financial Express
Date: 2021-11-12T17:02:14 00:00
Author: Rajeev Kumar
Twitter: @The Financial Express
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Toshiba Announces Strategic Reorganization to Separate Into Three Standalone Companies to Enhance

Ray Morrisette stood on the lawn of the Hamblen County Court House after the parade and ceremony ended Thursday night remembering the time he spent in Vietnam.

Stanley and Gwen Carpenter announce the engagement of their daughter Allison (Allie) Carpenter to Aaron Ault.

Publisher: Citizen Tribune
Twitter: @CitizenTribune
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'They are wrong': MultiChoice stands firm in Nigeria tax wrangle | Fin24

MultiChoice is confident that its tax woes in Nigeria will be resolved, as the company fights two claims brought against it by that country's revenue authorities.

The pay-TV firm has been slapped with a hefty tax bill of some $4.4 billion (~R67 billion), which it is disputing.

Publisher: Fin24
Date: 2021-11-11T18:45:52.883Z
Author: MultiChoice is confident that its tax woes in Nigeria will be resolved as the company fights two claims brought against it by that country revenue authorities
Twitter: @fin24
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Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share |

Ex-Date: November 19, 2021
Record Date: November 22, 2021
Payable Date: November 30, 2021
Per Share Amount: $0.0975

Based on the Fund's current share price of $16.24 (as of its close on November 10, 2021), the distribution represents an annualized distribution rate of approximately 7.20% (calculated by annualizing the distribution amount and dividing it by the current price).

Date: 2021-11-11
Twitter: @businesswire
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