Thursday, December 16, 2021

Kenya issues draft tax regulations on common reporting standard – MNE Tax

The Kenyan government on December 14 published common reporting standard draft regulations under the Tax Procedures Act relating to the exchange of information in tax matters.

The regulations set out rules for the implementation of agreements signed by Kenya on the automatic exchange of information on financial accounts in accordance with the OECD common reporting standard and the multilateral competent authority agreement.

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Publisher: MNE Tax
Author: staff
Twitter: @MNETax
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Crypto tax regulations accelerate on increased adoption

Increased adoption of cryptocurrencies and blockchain technology components such as non-fungible tokens (NFTs) and decentralised finance (DeFi) has prompted governments across the world to address cryptocurrency taxation policies.

Audit firm PwC in a report said events such as the adoption of cryptocurrencies as legal tender in El Salvador will require tax authorities that have previously been silent on the cryptocurrency taxation guidance to issue legislation.

Twitter: @capitalcom
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Can My Business Accept Cryptocurrency? - Lexology
Publisher: Lexology
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Cohen & Steers Limited Duration Preferred and Income Fund, Inc.

NEW YORK, Dec. 16, 2021 /PRNewswire/ -- The Board of Directors of the Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE: LDP) (the 'Fund') has declared a year-end capital gain distribution, as summarized in the chart below.

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.

Publisher: Longview News-Journal
Author: Cohen Steers
Twitter: @newsjournal
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MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Initial Monthly

NEW YORK , Dec. 16, 2021 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) today announced the Fund's initial monthly dividend distribution as well as monthly distributions for February and March 2022 of $0.1083 per common share.

Portfolio holdings will be published on or around January 1, 2022 and can be retrieved from the Fund webpage. Please visit the Fund's webpage to view the latest portfolio manager video update.

Twitter: @Yahoo
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Cohen & Steers Closed-End Funds Declare Distributions for January, February, and March 2022

NEW YORK, Dec. 16, 2021 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for January, February, and March 2022, as summarized in the charts below:

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has decreased its monthly distribution by $0.008 per share, to $0.135 per share. Cohen & Steers Select Preferred and Income Fund, Inc. has decreased its monthly distribution by $0.022 , to $0.135 .

Publisher: Longview News-Journal
Author: Cohen Steers
Twitter: @newsjournal
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Duff & Phelps Utility and Infrastructure Fund Inc.

Duff & Phelps Utility Infrastructure Fund Logo (PRNewsfoto/Duff & Phelps Global Utility In)

The Fund adopted a Managed Distribution Plan (the "Plan") in 2015 to maintain its current 35 cents per share distribution rate. Under the Plan, the Fund will distribute all available investment income to its shareholders, consistent with the Fund's investment objective.

Publisher: WFMZ.com
Author: Duff Phelps Utility and Infrastructure Fund Inc
Twitter: @69News
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Litchfield School Board certifies 2022 levy | Education | crowrivermedia.com

Litchfield School Board adopted a 2022 property tax levy Monday that is a 1.21% increase over the current levy.

The board's unanimous approval followed the annual truth-in-taxation hearing, during which Business Manager Jesse Johnson broke down the various property tax regulations, as well as information on the district's 2022-2023 budget, for which the levy will provide revenue.

Publisher: Crow River Media
Date: 2021-12-15T05:14:00-0600
Author: BRENT SCHACHERER schacherer hutchinsonleader com
Twitter: @Litchfieldnews
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Franklin Limited Duration Income Trust ("FTF" or the "Fund") Announces Notification of Sources of

The Fund's estimated sources of the distribution to be paid on December 15, 2021 and for the fiscal year 2021 year-to-date are as follows:

Cumulative Estimated Allocations fiscal year-to-date through October 31, 2021, for the fiscal year ending December 31, 2021:

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