However, the structure and tax implications of the insurance-funded plan can differ depending on whether it is used in a redemption agreement or a cross-purchase agreement. After a recent United States Supreme Court decision imposing a million-dollar deficiency on an estate, closely held business ...
This study aims to analyze parents’ socio-economic relationships which include parental education, parental occupation, and parental income towards financial literacy. This study uses a sample of young entrepreneurs, students who are active in college and they also run a business. The results showed...
Financing for mature, stable, commercial properties has evolved considerably over the past thirty years. Prior to the 1980s, banks, pension funds, and insurance companies provided most of the long-term mortgage capital for high-quality commercial properties. These assets were known as institutional q...
internal accounting controls or auditing matters or that there is (A) “significant deficiency” in the internal controls over financial reporting of the Group Companies or the Business, or (B) a “material weakness” in the internal controls over financial reporting of the Group Companies or the...
really able to discover the cheapest rate that is available to you. Now, usually shopping around for quotes can be a tedious and time consuming task. So, here is a little trick we use, to weed out the more expensive insurers, and discover exactly which is the cheapest auto insurance ...
Take as your base unit “Income from National Insurance(NI)”, which is stated to be £100bn. On my monitor and resolution this comes out as 65mm x 26 mm (1,690 mm2). To take just two examples, VAT (£80bn.) is given 962 mm2, while it should be 1,352, so underrep...
Banks have so far weathered well the financial turbulence caused by COVID-19 while at the same time being central in the economic and financial response. A
FDK. Fujitsu, as FDK's major shareholder, creditor and customer, accordingly believes that, from the standpoint of maintaining Fujitsu's corporate value, it is necessary to A-49 eliminate the material adverse effect on FDK's business activities that might occur should its capital deficiency ...
These premiums are deductible in determining Acme’s taxable income; they represent an ordinary and necessary expense of conducting Acme’s business.[iii] As in the case of most insurance, the premiums are “lost” as the policy period expires – they are not recovered notwithstanding that the ...
A friend of mine Reid Nunn had spent a long time in the insurance industry and he taught me a lot about risk. Between those three things I was able to start to put the pieces together for doing an accurate business valuation and that was the beginning of the 25 Factors Affecting ...