Taxation in India

Renewi plc: Director/PDMR Shareholding

Retrieved on: 
Tuesday, July 27, 2021
International taxation, Share, Stock market, Tax, Finance, Money, Economy, Financial transaction tax, Taxation in India

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Key Points: 
  • Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
    Description of the financial instrument, type of instrument
    Sale of 7,724 of the shares released under the Renewi plc Deferred Annual Bonus Scheme on 23 July 2021 to cover employee's income tax, national insurance liabilities and commission.

Central Securities Corporation Declares Dividend

Retrieved on: 
Wednesday, May 19, 2021
Banking, Professional services, Finance, Tax, Taxation in Australia, Taxation in India

b'Of the $0.20 per share to be paid on June 25, 2021, $0.05 is expected to be taxable as ordinary income and $0.15 is expected to be taxable as long-term capital gain.

Key Points: 
  • b'Of the $0.20 per share to be paid on June 25, 2021, $0.05 is expected to be taxable as ordinary income and $0.15 is expected to be taxable as long-term capital gain.
  • The final tax breakdown of all amounts paid during 2021 will be available after year end.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210519005861/en/\n'

GeoSolar Technologies Files S-1 Registration for Spin-Off From Fourth Wave Energy

Retrieved on: 
Tuesday, May 18, 2021
U.S. Securities and Exchange Commission, Financial markets, Stock market, Goods and Services Tax, Modi administration, Taxation in India, Security, Goods and Services Tax, Securities Act, Registration statement, OTC Markets Group, Bangladesh Securities and Exchange Commission

b'SAN JOSE, Calif., May 18, 2021 /PRNewswire/ -- Fourth Wave Energy, Inc. (OTCQB: FWAV)("Fourth Wave" or the "Company") is pleased to announce that GeoSolar Technologies ("GST") has filed a registration statement with the Securities and Exchange Commission in connection with the spin-off of GST from Fourth Wave.

Key Points: 
  • b'SAN JOSE, Calif., May 18, 2021 /PRNewswire/ -- Fourth Wave Energy, Inc. (OTCQB: FWAV)("Fourth Wave" or the "Company") is pleased to announce that GeoSolar Technologies ("GST") has filed a registration statement with the Securities and Exchange Commission in connection with the spin-off of GST from Fourth Wave.
  • The shares of GST common stock will be issued to the Fourth Wave shareholders shortly after GST\'s registration statement is declared effective by the Securities and Exchange Commission.
  • Fourth Wave shareholders will continue to retain their shares in Fourth Wave.\nThis Press Release is not an offer of any securities of GST and GST is not soliciting offers to acquire any securities of GST.
  • The shares of GST\'s common stock have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exception from registration requirements.\n'

Avalara to Host Virtual Analyst Day on May 27, 2021 at Avalara CRUSH Virtual

Retrieved on: 
Monday, May 10, 2021
Professional services, Data management, Technology, Finance, Software, Accounting, Taxation in India, Value-added tax, Indirect tax, Goods and Services Tax, Tax, Excise, Direct tax, Economy

b'Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced that it will be hosting a Virtual Analyst Day on Thursday, May 27, 2021 in conjunction with Avalara CRUSH Virtual , the company\xe2\x80\x99s annual conference and a leading industry event on the future of tax compliance.

Key Points: 
  • b'Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced that it will be hosting a Virtual Analyst Day on Thursday, May 27, 2021 in conjunction with Avalara CRUSH Virtual , the company\xe2\x80\x99s annual conference and a leading industry event on the future of tax compliance.
  • In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types.
  • Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Brazil, Europe, and India.
  • More information at www.avalara.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210510005784/en/\n'

Study Warns Massachusetts Tax Proposal Would Deter Investment, Stifling the "Innovation Economy"

Retrieved on: 
Monday, April 26, 2021
Countries, Government, Economies, Taxation in India, Capital gains tax, Taxation in China, Taxation in Norway, Taxation in Poland, Taxation in the Czech Republic, Income tax in the United States, Massachusetts

"That could be a significant deterrent to people who would otherwise have invested in small businesses as they emerge from the COVID crisis.

Key Points: 
  • "That could be a significant deterrent to people who would otherwise have invested in small businesses as they emerge from the COVID crisis.
  • These other jobs often include low-skill service positions, demonstrating the widespread economic advantages of facilitating private investment in startups.
  • However, only California taxes short-term capital gains, such as those from day trading, at a higher rate than Massachusetts.\nThe graduated income tax proposal would give Massachusetts a short-term capital gains tax rate of 16 percent, far above California\'s 13.3 percent.
  • Prior to joining Pioneer, Sullivan served two five-year terms as Inspector General of the Commonwealth of Massachusetts and was a 17-year member of the Massachusetts House of Representatives.

Dividend Select 15 Corp. Declares Monthly Dividend

Retrieved on: 
Thursday, March 18, 2021
Dividends, Corporate finance, Shareholders, Finance, Money, Taxation in Australia, Taxation in India, Ex-dividend date, Dividend tax

TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05617 per Equity share.

Key Points: 
  • TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05617 per Equity share.
  • The distribution is payable April 9, 2021 to shareholders on record as of March 31, 2021.
  • As a result, Equity shareholders of record on March 31, 2021 will receive a dividend of $0.05617 per share based on the VWAP of $6.74 payable on April 9, 2021.
  • The Company invests in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

Tekla Life Sciences Investors Declares Cash Distribution

Retrieved on: 
Monday, December 21, 2020
Professional services, Health, Finance, General Health, Research, Science, Value-added tax, Taxation in Australia, Taxation in Canada, Taxation in New Zealand, Taxation in the United Kingdom, Taxation in India

On December 21, 2020, Tekla Life Sciences Investors declared a special cash distribution of $0.02 per share in order to satisfy annual tax distribution requirements.

Key Points: 
  • On December 21, 2020, Tekla Life Sciences Investors declared a special cash distribution of $0.02 per share in order to satisfy annual tax distribution requirements.
  • The record date for the distribution is December 31, 2020 and the payable date is January 6, 2021.
  • This distribution will be paid in cash and will be taxable to shareholders in 2020.
  • Tekla Life Sciences Investors (NYSE: HQL) is a closed-end fund that invests in public and private companies in the life sciences industry.

Taxation: Council approves conclusions on future administrative cooperation and excise duty on tobacco

Retrieved on: 
Wednesday, June 3, 2020
Excise, Taxation in India, Tax, Economy, Excise tax in the United States, Articles, Ad valorem tax

Future evolution of administrative cooperation in the EU

Key Points: 
  • Future evolution of administrative cooperation in the EU

    Administrative cooperation helps national tax authorities collect and safeguard tax revenues.

  • The first directive on administrative cooperation (DAC) was adopted in 2011.
  • Excise duty on tobacco

    Excise duties are indirect taxes on the sale or use of specific products, such as alcohol, tobacco and energy.

  • Since 2011, EU legislation sets out common rules for taxing manufactured tobacco, including categories of products, minimum rates and structures to be applied.

State Street Corporation Declares Quarterly Dividend on its Common Stock

Retrieved on: 
Thursday, September 19, 2019
Banking, Professional services, Finance, Dividends, Shareholders, Common stock dividend, New York Stock Exchange, Finance, Economy, Money, Basic income, Taxation in India, S&P 500 Dividend Aristocrats

State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on October 15, 2019 to common shareholders of record at the close of business on October 1, 2019.

Key Points: 
  • State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on October 15, 2019 to common shareholders of record at the close of business on October 1, 2019.
  • This dividend represents an increase of 11% from the common stock dividend of $0.47 per share declared in the second quarter of 2019.
  • State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading.
  • With $32,754 billion in assets under custody and administration and $2,918 billion* in assets under management as of June 30, 2019, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide.

50,000 GST Suvidha Kendra Will Be Opened by Prologic Web Solutions

Retrieved on: 
Thursday, August 29, 2019
Internet, Hardware, Technology, Software, Goods and Services Tax, Modi administration, Taxation in India, Goods and Services Tax, Invoice, Economy, Articles

This association will enable Prologic web solutions to provide 360-degree coverage of GST solutions.

Key Points: 
  • This association will enable Prologic web solutions to provide 360-degree coverage of GST solutions.
  • These GST solutions will include GST Suvidha Kendra , an online portal where users can avail support services like GST number registration, digital signature, invoice format as per GST guidelines, 24/7 voice & online support, along with a single-window account management system to view GST account on the phone, laptop, tablet etc.
  • Prologic is providing solutions in IT, BPO & now, Prologic is setting up GST Suvidha Kendra across India.
  • In the next 24 months, Prologic Web Solutions will be developing around 50000 GST Suvidha Kendra across India.