The Finance (Miscellaneous Provisions) Act 2024On 07 June 2024, the Minister of Finance, Economic Planning and Development made his budget speech and, whilst there was no major tax overhaul, some new tax measures were announced. The introduction of a Corporate Climate Responsibility levy raises ...
Nigeria's Finance Act 2023 increases tertiary education tax from 2.5% to 3%. Capital losses will now be deductible against chargeable gains The Finance Act 2023 recognizes the importance of digital economy The Finance Act 2023 includes revised VAT filing deadline for FIRS appointed agents The Invest...
Relevant to those sitting ATX-UK in June, September or December 2023 or March 2024 This article looks at the changes made by the Finance Act 2022 (which is the legislation as it relates to the tax year 2022/23). It also highlights some changes to be introduced with effect from the Jun...
The Company successfully closed its exchange offer onOctober 31, 2024with participation from holders of nearly 98% of senior unsecured notes. (1)The financial information presented in the highlights is for the Company’s continuing operations (2)See the sections titled “Reconciliation to GAAP” and...
Effective date: 1 January 2024 Changes to limitation on interest expense deductions Currently, deductible interest expense is limited to 30% of an entity’s earnings before interest tax, depreciation, and amortization (EBITDA). Before the Act, the restriction applied to interest on foreign and local...
NEW YORK,Nov. 07, 2024(GLOBE NEWSWIRE) --Portman Ridge Finance Corporation(Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the third quarter endedSeptember 30, 2024. Third Quarter 2024 Highlights ...
Selected Financial Highlights for Full Year 2023 Total investment incomefor the year ended 2023 was$76.3 million, of which$63.5 millionwas attributable to interest income from the Debt Securities Portfolio. This compares to total investment income of$69.6 millionfor the year ended 2022, of whi...
Second Quarter 2024 Highlights Total investment income of $34.2 million Net investment income of $14.6 million, or $0.37 per share Net asset value of $13.14 per share Dollar-weighted annualized yield on debt investments of 15.1% for the quarter ...
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights ...
This Systematic Literature Review (SLR) identifies 138 relevant articles from 2005 to 2022 and highlights empirical examples demonstrating XAI's potential benefits in the financial industry. We classified the articles according to the financial tasks addressed by AI using XAI, the variation in XAI ...