Corporate taxation in the United States

ATIF Holdings Limited Announces Completion of Filing of "ATIF-1", Its Private Fund, Officially Launches Asset Management Business

Retrieved on: 
Tuesday, February 2, 2021

The first batch of ATIF-1is planned to amount to US$50 millionand is managed by ATIF-1 GP, LLC, a Delaware registered Limited Liability Corporation.

Key Points: 
  • The first batch of ATIF-1is planned to amount to US$50 millionand is managed by ATIF-1 GP, LLC, a Delaware registered Limited Liability Corporation.
  • Mr. Pishan Chi, Chief Executive Officer and Director of ATIF, commented, "We are pleased that our subsidiary ATIF Inc. has completed the filing of our first private fund, which represents the official launch of our asset management business.
  • With the launch of asset management business, we will initiate new client relationships and assist investors to navigate successfully in the potentially volatile markets.
  • ATIF's investment holding business is to provide going public consulting, M&A consulting and financial consulting services to SMEs.

PROSIGHT (PROS) STOCKHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of ProSight Global, Inc. Following Agreement to Sell the Company

Retrieved on: 
Monday, February 1, 2021

PHILADELPHIA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating ProSight Global, Inc. (NYSE: PROS) (ProSight or the Company) on behalf of the Companys stockholders.

Key Points: 
  • PHILADELPHIA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating ProSight Global, Inc. (NYSE: PROS) (ProSight or the Company) on behalf of the Companys stockholders.
  • ProSight stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • at (484) 258 1585, or by email at [email protected] or online at https://kaskelalaw.com/case/prosight-global-inc/ , for additional information about this investigation and their legal rights and options.
  • Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation.

Broadmark Realty Capital Announces 2020 Tax Treatment of Dividends

Retrieved on: 
Friday, January 29, 2021

(1) Pursuant to IRC Section 857(b)(9), for federal tax purposes, the Companys cash dividend made on January 15, 2021 with a record date of December 31, 2020 is treated as received by stockholders on December 31, 2020 and included on the 2020 Form 1099-DIV.

Key Points: 
  • (1) Pursuant to IRC Section 857(b)(9), for federal tax purposes, the Companys cash dividend made on January 15, 2021 with a record date of December 31, 2020 is treated as received by stockholders on December 31, 2020 and included on the 2020 Form 1099-DIV.
  • (2) Ordinary Dividends may be eligible for the 20% deduction applicable to qualified REIT dividends pursuant to IRC Section 199A(b)(1)(B).
  • Please consult your personal tax advisor.
  • Broadmark Realty Capital manages and services its loan portfolio across a variety of market conditions and economic cycles.

Drive Shack Inc. Announces Proposed Public Offering of Common Stock

Retrieved on: 
Thursday, January 28, 2021

Drive Shack Inc. (NYSE: DS, the Company), a leading owner and operator of golf-related leisure and entertainment businesses, announced today the launch of an underwritten public offering of $50,000,000 of shares of common stock, subject to market conditions.

Key Points: 
  • Drive Shack Inc. (NYSE: DS, the Company), a leading owner and operator of golf-related leisure and entertainment businesses, announced today the launch of an underwritten public offering of $50,000,000 of shares of common stock, subject to market conditions.
  • All shares of common stock are being offered by the Company.
  • There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • BTIG, LLC is acting as lead book-running manager and Craig-Hallum Capital Group LLC is acting as joint book-running manager for the offering.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Reminds Investors of Investigations of ANCN, JWS, GXGX, and ALSK Mergers

Retrieved on: 
Tuesday, January 26, 2021

Jaws Acquisition Corp. (NYSE: JWS ) regarding possible breaches of fiduciary duties and other violations of law related to Jaws Acquisitions agreement to merge with Cano Health, LLC.

Key Points: 
  • Jaws Acquisition Corp. (NYSE: JWS ) regarding possible breaches of fiduciary duties and other violations of law related to Jaws Acquisitions agreement to merge with Cano Health, LLC.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-jaws-acquisition-corp .
  • Under the terms of the agreement Alaska Communications shareholders will receive $3.40 per share in cash.
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

ELS Announces Tax Treatment of 2020 Distributions

Retrieved on: 
Friday, January 22, 2021

The common stock distribution with a record date of December 27, 2019, paid on January 10, 2020, is a split-year distribution with $0.015462 considered a distribution made in 2020 for federal income tax purposes.

Key Points: 
  • The common stock distribution with a record date of December 27, 2019, paid on January 10, 2020, is a split-year distribution with $0.015462 considered a distribution made in 2020 for federal income tax purposes.
  • The common stock distribution with a record date of December 24, 2020, paid on January 8, 2021, is a split-year distribution with $0.254699 considered a distribution made in 2020 and $0.087801 allocable to 2021 for federal income tax purposes.
  • Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.
  • As of October 19, 2020, we owned or had an interest in 415 quality properties in 33 states and British Columbia consisting of 157,690 sites.

Summit Growth Partners Initiative Boosts Advisors With Exclusive Capital Model

Retrieved on: 
Thursday, January 21, 2021

Summit Financial Holdings (Summit), a prominent financial services firm for top independent and breakaway advisors, has launched Summit Growth Partners (SGP), a new and innovative custom capital solution that combines upfront cash monetization with equity participation as well as exclusive partnership privileges.

Key Points: 
  • Summit Financial Holdings (Summit), a prominent financial services firm for top independent and breakaway advisors, has launched Summit Growth Partners (SGP), a new and innovative custom capital solution that combines upfront cash monetization with equity participation as well as exclusive partnership privileges.
  • Summit entered into a strategic partnership with Merchant in August 2018 to bolster its growth trajectory.
  • Summit was founded on the philosophy that partnership affords certain exclusive privileges, said Stan Gregor , chief executive officer at Summit.
  • Summit Financial Holdings, LLCs affiliated firms include, but are not limited to, Summit Financial, LLC, Summit Risk Management, LLC, Summit Advisory Services, LLC, Summit Services IT, LLC, and Summit Growth Partners, LLC.

Lisa Ellis, Top-Ranked Payments, Processors and IT Services Analyst, Elected as General Partner of MoffettNathanson, LLC

Retrieved on: 
Thursday, January 21, 2021

NEW YORK, Jan. 21, 2021 /PRNewswire/ -- MoffettNathanson, LLC announced today that Lisa Ellis has been elected to the position of General Partner.

Key Points: 
  • NEW YORK, Jan. 21, 2021 /PRNewswire/ -- MoffettNathanson, LLC announced today that Lisa Ellis has been elected to the position of General Partner.
  • She is the first new General Partner to be elected since the firm's founding in 2013.
  • "She is the dominant analyst in a complex and rapidly-changing industry that is central to the future of technology and global commerce."
  • "Put simply, she has made us all better, individually and collectively.It is our privilege to call her Partner".

Regency Centers Announces Tax Information for 2020 Distributions

Retrieved on: 
Thursday, January 21, 2021

This information is being provided to assist shareholders with tax reporting related to distributions made by the Company.Taxability of 2020 distributions is not necessarily indicative of taxability of future distributions.

Key Points: 
  • This information is being provided to assist shareholders with tax reporting related to distributions made by the Company.Taxability of 2020 distributions is not necessarily indicative of taxability of future distributions.
  • The tax information provided herein should not be construed as tax advice and shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of the Company's distributions.
  • About Regency Centers Corporation (NASDAQ: REG)
    Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas.
  • Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

SITE Centers Corp. Announces Tax Allocations of 2020 Dividend Distributions

Retrieved on: 
Tuesday, January 19, 2021

SITE Centers (NYSE: SITC) today announced the tax allocations of 2020 distributions on its common shares and two series of preferred shares.

Key Points: 
  • SITE Centers (NYSE: SITC) today announced the tax allocations of 2020 distributions on its common shares and two series of preferred shares.
  • For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2020 distributions.
  • The amounts indicated on Form 1099-DIV should be reported on shareholders 2020 federal income tax returns.
  • Please note that the January 7, 2020 common share distribution is included in the tax allocations for 2020 and the January 7, 2021 common share distribution will be included in the tax allocations for 2021.