VAT

Webcash Group launches WABOOKS, the Vietnamese version of AI KYUNGRI NARA with Its main function of digitally managing Purchase Receipts

Retrieved on: 
Monday, July 31, 2023

Webcash Group (Chairman Seok Chang-gyu) announced that it has launched WABOOKS, the Vietnamese version of AI KYUNGRI NARA, in Vietnam.

Key Points: 
  • Webcash Group (Chairman Seok Chang-gyu) announced that it has launched WABOOKS, the Vietnamese version of AI KYUNGRI NARA, in Vietnam.
  • According to the Vietnamese accounting principles, the use of corporate cards is not automatically recognized as business expenses.
  • While working outside of the office, employees can photograph and share business expense receipts in real-time using WABOOKS mobile app.
  • This data sharing via WABOOKS mobile will immediately update the main data on the WABOOKS PC version back in the office.

Pegasus Acquisition Company Europe B.V. | Update on liquidation process and final distribution

Retrieved on: 
Friday, July 28, 2023

Amsterdam, July 28, 2023 (GLOBE NEWSWIRE) -- Pegasus Acquisition Company Europe B.V. (“Pegasus Europe” or the “Company”) provides the following update on its liquidation process.

Key Points: 
  • Amsterdam, July 28, 2023 (GLOBE NEWSWIRE) -- Pegasus Acquisition Company Europe B.V. (“Pegasus Europe” or the “Company”) provides the following update on its liquidation process.
  • A second and final distribution is due following the confirmation received on 27 July 2023 from the court that no creditors have opposed the Company’s liquidation.
  • In the interest of shareholders, Pegasus Europe will therefore pay a final liquidation distribution once the authorities have made this decision rather than liquidate the Company in advance.
  • The final liquidation distribution will represent an additional and final amount of approximately EUR 0.02 per share if the authorities agree a VAT refund, and of approximately EUR 0.01 cent per share if they do not.

VAT - Half-Year 2023 Results Media and Investor Conference Call and Webcast

Retrieved on: 
Tuesday, July 25, 2023

VAT cordially invites you to our Half-Year 2023 Results Media and Investor Conference Call and Webcast.

Key Points: 
  • VAT cordially invites you to our Half-Year 2023 Results Media and Investor Conference Call and Webcast.
  • Mike Allison, CEO, and Fabian Chiozza, CFO will report on the detailed half-year 2023 results and give you an outlook for the remainder of 2023.
  • Participants via the conference call will be able to join the moderated Q&A session via phone, webcast participants can ask questions in writing via the webcast window.
  • A replay of the webcast will be available on the VAT website approximately 24 hours after the event.

Avalara Recognized as a Market Leader in G2's Summer 2023 Sales Tax and VAT Compliance Grid

Retrieved on: 
Thursday, July 20, 2023

SEATTLE, July 20, 2023 /PRNewswire/ -- Avalara, Inc. , a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced it has been recognized as a market leader in G2's Summer 2023 Sales Tax and VAT Compliance Grid.

Key Points: 
  • SEATTLE, July 20, 2023 /PRNewswire/ -- Avalara, Inc. , a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced it has been recognized as a market leader in G2's Summer 2023 Sales Tax and VAT Compliance Grid.
  • G2 rates products from the Sales Tax and VAT Compliance category algorithmically based on data sourced from product reviews shared by G2 users and data aggregated from online sources and social networks.
  • With more than 355 reviews, Avalara ranks first in both the Market Presence and G2 Score categories among all competitors.
  • To learn how Avalara solves sales and VAT tax compliance for businesses around the world, visit avalara.com .

Bitfarms Secures Contracts in Paraguay for Up to 150 MW of Hydropower

Retrieved on: 
Wednesday, July 19, 2023

TORONTO and BROSSARD, Québec, July 19, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, acquired two Power Purchase Agreements (PPAs) in Paraguay for up to 150 MW of eco-friendly hydropower: up to 50 MW in Villarrica, in close proximity to the Company’s existing operations in Paraguay, and up to 100 MW in Yguazu, a new location close to the Itaipu dam, the third largest hydroelectric dam in the world.

Key Points: 
  • This news release constitutes a “designated news release” for purposes of the Company’s prospectus supplement dated August 16, 2021 to its short form base shelf prospectus dated August 12, 2021.
  • TORONTO and BROSSARD, Québec, July 19, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, acquired two Power Purchase Agreements (PPAs) in Paraguay for up to 150 MW of eco-friendly hydropower: up to 50 MW in Villarrica, in close proximity to the Company’s existing operations in Paraguay, and up to 100 MW in Yguazu, a new location close to the Itaipu dam, the third largest hydroelectric dam in the world.
  • At Yguazu, Bitfarms has the opportunity to develop a new farm with up to 100 MW of mining capacity, the timeline for which is being determined.
  • Hydropower at both locations will be provided at a contracted cost of approximately 3.9 cents per kWh, before VAT, and is not subject to annual inflationary adjustments.

Global Robotic Process Automation in BFSI Market to 2032: High Prevalence of Advanced Technology in the BFSI Sector Drives Growth

Retrieved on: 
Friday, July 14, 2023

The global robotic process automation in BFSI market size is expected to reach USD 8,172.95 million by 2032, according to a new study.

Key Points: 
  • The global robotic process automation in BFSI market size is expected to reach USD 8,172.95 million by 2032, according to a new study.
  • The report gives a detailed insight into current market dynamics and provides analysis on future market growth.
  • Such factors have resulted in the overall Robotic Process Automation in BFSI growth in the past, and this scenario is expected to continue.
  • Such trends are benefitting the Robotic Process Automation in BFSI market growth.

EQS-News: Fielmann Group expects HY1/2023 sales to grow +13%, EBITDA +21% over last year

Retrieved on: 
Thursday, July 13, 2023

Fielmann Group benefits from customers opting for the price leader across major markets, increases its HY1/2023 sales by around +13%, EBITDA +21% over last year.

Key Points: 
  • Fielmann Group benefits from customers opting for the price leader across major markets, increases its HY1/2023 sales by around +13%, EBITDA +21% over last year.
  • In the first half of the year 2023, the Fielmann Group generated external sales (incl.
  • In line with its Vision 2025 the Fielmann Group continues to digitalise and internationalise its business model.
  • The Fielmann Group confirms its optimistic outlook with unit sales growth of +4% to 8% over last year, net sales growth of 7% to 10% over last year and EBITDA growth of 9% to 21% for the full year 2023.

Kaufman & Broad SA: 1ST HALF 2023 RESULTS

Retrieved on: 
Wednesday, July 12, 2023

Main development indicators (end of May 2023 vs. end of May 2022)

Key Points: 
  • Main development indicators (end of May 2023 vs. end of May 2022)
    Kaufman & Broad SA today announces its results for the 1st half of fiscal year 2023 (from December 1st to 31 May 2023).
  • Kaufman & Broad continued to favor bulk sales to institutional investors, which represented 76% of its reservations in volume during the 1st half, compared to 44% in the 1st half of 2022.
  • In the 1st half of 2023, the commercial property division recorded net orders of €24.5 million including VAT, compared with €28.5 million including VAT in the 1st half of 2022.
  • In the 1st half of 2023, Kaufman & Broad had 145 housing programs under marketing, representing 2,618 housing units (154 programs and 2,265 housing units in the 1st half of 2022).

Sunrise New Energy Announced the VAT Rebate of Approximately $4.35 Million, Enhancing the Company’s Cash Flow

Retrieved on: 
Wednesday, July 12, 2023

ZIBO, China, July 12, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Materials Co., Ltd. has received 31.35 million yuan (approximately $4.35 million) of VAT (Value Added Tax) rebate for the financial year 2022 on June 16, 2023.

Key Points: 
  • ZIBO, China, July 12, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Materials Co., Ltd. has received 31.35 million yuan (approximately $4.35 million) of VAT (Value Added Tax) rebate for the financial year 2022 on June 16, 2023.
  • 14, 2022)"  and “The Announcement of the Ministry of Finance and the State Administration of Taxation on Expanding the Industry Scope of the Policy of Full Refund of VAT Allowances (No.
  • 21 in 2022)" which are formulated and issued by the Ministry of Finance and the State Administration of Taxation of the People's Republic of China.
  • According to the relevant provisions of the Enterprise Accounting Standards, the refund of the value-added tax will enhance the the company's cash flow.

Chow Tai Fook Jewellery Delivers Growth in Same Store Sales and Retail Sales Value in First Quarter FY2024

Retrieved on: 
Monday, July 10, 2023

(2) “Same Store Sales” for the First Quarter is the RSV from the self-operated POS of CHOW TAI FOOK JEWELLERY existing as at 30 June 2023 and which have been opened prior to 1 April 2022.

Key Points: 
  • (2) “Same Store Sales” for the First Quarter is the RSV from the self-operated POS of CHOW TAI FOOK JEWELLERY existing as at 30 June 2023 and which have been opened prior to 1 April 2022.
  • (Hong Kong, China, 10 July 2023) Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), today announces unaudited key operational data of the Group for the three months ended 30 June 2023 (the “First Quarter”, or the “Quarter” or “1QFY2024”).
  • Same Store Sales (“SSS”) in the Mainland recorded positive growth of 8.5%.
  • In the Mainland, the Same Store ASP of gem-set jewellery was benefitted from increased sales of higher ticketsize jewellery during the Quarter.