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Budget proceeds from oil and gas levies rose by 90% last month from a year ago to almost 1.31 trillion rubles ($14.1 billion), the Finance Ministry said Wednesday. Taxes on crude and petroleum products – which accounted for more than 86% of total hydrocarbon revenue last month – ...
A REIT is a company that combines the capital of many individual investors to acquire or invest in a diversified pool of commercial real estate. A REIT is required to distribute at least 90% of the annual taxable income it earns to investors. ...
your ETF trade in seconds – and you can immediately reinvest the proceeds of a sale – you’ll often wait a day or two to find out what happened with your index fund. And if you sold, it’ll take that day or two before you can put the proceeds of your index fund sale to work...
Indeed, Strike became one of the most-downloaded apps in El Salvador in the initial weeks of being released. And then even more notably, a couple weeks after that interview, El Salvador passed a law making bitcoin legal tender in the country. This means that transactions are not taxable and...
Tarak earns more than Rs one crore. The surcharge calculation on the income of Tarak is shown below. Marginal Relief on Surcharge When an assessee’s taxable income exceeds Rs. 1 crore, he is liable to pay Surcharge at prescribed rates on Income Tax payable by him. However, the amount of...
A reasonable fixed-income allocation for a largely sheltered portfolio might be equal amounts of CDs and Treasury bills or notes. A largely taxable portfolio might be equal parts munis, CDs, and Treasuries. If you are going to hold munis and corporates, he recommends a traditional mutual fund...
Taxable profit differs from profit as reported in the Statements of Comprehensive Income because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The Group's liability for current tax is ...
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