This association cannot be fully attributed to risk-weight manipulation, since as I show, CIT also has a negative relationship with the volume of relatively risky bank lending and a positive relationship with portfolio quality. I find results consistent with the above in a robustness test using ...
Taxation - Internal Revenue Code - Priority of State Tax Lien over Federal Tax Lien - Choate Lien TestBank, 340 US 47, 49-50 (1950); Illinois ex rtI. tions, a necessary uniformity in the field of federaltaxation.30 The instant case illustrates the confusion in this the surgeon had ...
Bank interest Sales commission VAT refund Less operating expenses: Staff welfare Repairs and maintenance Insurance Depreciation Advertising and marketing Printing and stationery Utility costs Motor vehicle expenses Industrial research and development Operating licence Interest General Net profit before tax Corporat...
This is known as the 'provision of credit' test, and has been confirmed in the Hang Seng Bank case and included in DIPN No.21 (revised). However, in the Orion Carribean case, the judge decided that the taxpayer earning interest income would be taxable in Hong Kong regardless of the ...
Coming into force in 2020, the MLI-OECD introduced the Principal Purpose Test, which allows tax authorities to check for transactions solely for tax avoidance among their respective contracting states or those that face charges according to domestic law. The agreement covers multiple types of incomes...
(PCG) 2018/9, which sets out its compliance approach with regards to the CMC test of residency. This included a transitional compliance approach under which the ATO would not apply resources to review or seek to disturb a foreign-incorporated company’s status as a non-resident during a ...
the sample based on the minimum distance from the firm to a local bank. The results show that the coefficient ofCTAISis −0.025 (t = −1.72) when the firm is located near the local bank but is −0.035 (t = −2.50) when the firm is far away from the local bank. ...
Publication bias was detected by the Egger test for sales of substitution beverages and SSB consumption; their funnel plots are presented in eFigure 6 in the Supplement. Narrative Synthesis Studies with missing data for the meta-analyzed outcomes suggested similar results, including higher prices of ...
• full medical check-up • COVID-19 detection test by hospital/registered medical practitioner or COVID-19 self-detection test kit • mental health related check- up or consultation services by registered psychiatrist clinical psychologist or counsellor 8,000 (maximum), includes: 1,000 (maxi...
Issuance of these virtual currencies is not regulated by a central bank, but by private operators that may or may not be for-profit enterprises. The ultimate purpose of virtual currencies is to make exchanges more fluid and accelerate the circulation of money, even in the midst of the ...