Value-added tax

Sotherly Hotels Inc. Announces Dividend Tax Treatment

Tuesday, February 18, 2020 - 3:41pm

The tax information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis.

Key Points: 
  • The tax information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis.
  • Shareholders are encouraged to consult with their own tax advisors regarding the specific federal, state, local, foreign and other tax consequences of ownership of the common shares of Sotherly Hotels Inc. and the specific tax treatment of distributions therefrom.
  • Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States.
  • The Company owns hotels that operate under the Hilton Worldwide, Marriott International, Inc., and Hyatt Hotels Corporation brands, as well as independent hotels.

NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes

Friday, February 14, 2020 - 10:00am

The closings of both placements are subject to satisfaction of customary closing conditions and are expected to occur on orprior to February 19, 2020.

Key Points: 
  • The closings of both placements are subject to satisfaction of customary closing conditions and are expected to occur on orprior to February 19, 2020.
  • In light of the Companys recent financing transactions, the combined aggregate principal amount of the convertible notes issued in all private placements announced so far in 2020 will reach US$200 million once fully completed.
  • The notes to be issued to the Purchasers bear zero interest and mature on February 4, 2021.
  • The Company is currently working on several financing projects, the outcome of which is uncertain at this stage.

Applied Materials Announces First Quarter 2020 Results

Wednesday, February 12, 2020 - 9:01pm

Additionally, non-GAAP results exclude estimated discrete income tax expense items associated with changes to U.S. tax legislation.

Key Points: 
  • Additionally, non-GAAP results exclude estimated discrete income tax expense items associated with changes to U.S. tax legislation.
  • Applied Materials will discuss these results during an earnings call that begins at 1:30 p.m. Pacific Time today.
  • Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world.
  • At Applied Materials, our innovations make possible the technology shaping the future.

FreshBooks, Leading Small Business Accounting Software, Launches in the UK

Tuesday, February 11, 2020 - 11:50am

Toronto, CANADA, Feb. 11, 2020 (GLOBE NEWSWIRE) -- FreshBooks, the #2 small business accounting software in America, with paying customers in 100+ countries, today announced its official launch in the UK.

Key Points: 
  • Toronto, CANADA, Feb. 11, 2020 (GLOBE NEWSWIRE) -- FreshBooks, the #2 small business accounting software in America, with paying customers in 100+ countries, today announced its official launch in the UK.
  • In 2019, FreshBooks launched its VAT Return Report to help more small business owners prepare for Making Tax Digital compliance at tax time.
  • Running a small business can be overwhelming at times as you dont always have the support and staff that larger companies have.
  • FreshBooks is the #2 small business accounting software in America, with paying customers in 100+ countries.

WellRight Expands Sales Team to Meet Increasing Demand

Monday, February 10, 2020 - 1:00pm

WellRight today announced that Craig Blumenthal joins the company as Regional Vice President of Channel Sales, responsible for reseller, TPA, and health plan sales in the West, and Jen Rachuy joins as Regional Sales Manager, responsible for employer sales in the Southeast.

Key Points: 
  • WellRight today announced that Craig Blumenthal joins the company as Regional Vice President of Channel Sales, responsible for reseller, TPA, and health plan sales in the West, and Jen Rachuy joins as Regional Sales Manager, responsible for employer sales in the Southeast.
  • Craig Blumenthal brings an extensive background in the Health, Wellness and Productivity industry with over 20 years of experience in the public, private and non-profit channels.
  • His most recent experience and success in driving and growing sales initiatives at United Healthcare/Optum and CoreHealth Technologies have provided deep insight and knowledge base in the employer, reseller, and health plan space.
  • About WellRight: WellRight delivers complete wellness programs, addressing key dimensions of holistic health.

EU Committee hears from experts on the revised protocol on Ireland / Northern Ireland

Saturday, February 8, 2020 - 12:05am

The House of Lords EU Committee takes evidence from Dr Sylvia de Mars, Colin Murray and David Henig on the revised Protocol on Ireland / Northern Ireland

Key Points: 
  • The House of Lords EU Committee takes evidence from Dr Sylvia de Mars, Colin Murray and David Henig on the revised Protocol on Ireland / Northern Ireland
    Tuesday 11 February in Committee Room 3, Palace of Westminster
    What will be required in terms of customs, VAT and regulatory checks in relation to GB Northern Ireland trade?
  • How will the mechanisms for EU supervision (including the role of the CJEU)of theoperation of the protocol in Northern Ireland work in practice?

EU Committee hears from experts on the revised protocol on Ireland / Northern Ireland

Saturday, February 8, 2020 - 12:05am

The House of Lords EU Committee takes evidence from Dr Sylvia de Mars, Colin Murray and David Henig on the revised Protocol on Ireland / Northern Ireland

Key Points: 
  • The House of Lords EU Committee takes evidence from Dr Sylvia de Mars, Colin Murray and David Henig on the revised Protocol on Ireland / Northern Ireland
    Tuesday 11 February in Committee Room 3, Palace of Westminster
    What will be required in terms of customs, VAT and regulatory checks in relation to GB Northern Ireland trade?
  • How will the mechanisms for EU supervision (including the role of the CJEU)of theoperation of the protocol in Northern Ireland work in practice?

NIO Announces Private Placement of US$100 Million Short-term Convertible Notes

Thursday, February 6, 2020 - 1:00pm

The closing of this placement is subject to satisfaction of customary closing conditions and is expected to occur on or around February 10, 2020.

Key Points: 
  • The closing of this placement is subject to satisfaction of customary closing conditions and is expected to occur on or around February 10, 2020.
  • In addition to the private placement to the Purchaser, the Company consummated another convertible notes private placement in January 2020 to another unaffiliated Asia based investment fund on similar terms.
  • The combined aggregate principal amount of the convertible notes issued in the foregoing two placements is around US$100 million.
  • The notes to be issued to the Purchaser bear zero interest and mature on February 4, 2021.

DGAP-News: Hawesko Group grows in sales and earnings

Tuesday, February 4, 2020 - 8:00am

Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708), the wine-trading group specialised in premium products, achieved consolidated sales of 555 million (excluding VAT) in fiscal year 2019, based on preliminary figures.

Key Points: 
  • Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708), the wine-trading group specialised in premium products, achieved consolidated sales of 555 million (excluding VAT) in fiscal year 2019, based on preliminary figures.
  • The Hawesko management board expects that the consolidated EBIT increased to approximately 29 million (previous year: 27.7 million).
  • The warehouse relocation in the B2B segment to a logistically more advantageous site with significantly more capacity cost us in terms of effort, sales and earnings.
  • In fiscal year 2018, the Group achieved consolidated sales of 524 million and employed 1,000 persons in the company's three sales channels: Retail (Jacques' Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and E-commerce (particularly HAWESKO and Vinos).

Innovative Industrial Properties Announces Tax Treatment of 2019 Distributions

Thursday, January 30, 2020 - 12:00pm

The common stock distribution with a record date of December 31, 2019 will be a split-year distribution with $0.51 allocable to 2019 for federal income tax purposes and $0.49 allocable to 2020 for federal income tax purposes.

Key Points: 
  • The common stock distribution with a record date of December 31, 2019 will be a split-year distribution with $0.51 allocable to 2019 for federal income tax purposes and $0.49 allocable to 2020 for federal income tax purposes.
  • Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's distributions.
  • Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities.
  • Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.