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Higher National Diploma in Business Finance 1. Read
Higher National Diploma in Business Finance 1. Read

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IT 55 - The Business Expansion Scheme (BES)
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CFO Survey: One-fourth of Dividend
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... “This is an important issue,” said Dr. John Graham, finance professor at Fuqua and director of the survey. “Only about one in four public companies currently pay dividends, in sharp contrast to 20 or 30 years ago when nearly three-fourths paid dividends. Many investors have wondered when non-dividen ...
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Consolidation
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Fluor Enterprises, Inc. v. Michigan Department of Treasury
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On the Hook: Directors Liability for Corporate Tax
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comparison of employee share incentive structures for SMEs
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Bankruptcy and Miller Channels
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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
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... 2.State the physical properties of halogens and their gradation down the group. 3. state the chemical properties of halogens and their gradation down the group. 4.list five[5] compounds of each of the halogens. 5. state any four[4] uses of each of the halogens listed above. 6. describe the laborator ...
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Mobile Site | Terms of Use | Privacy policy | Feedback | Advertise

... unincorporated businesses or persons working on their own are usually not so protected. Tax advantages. Different structures are treated differently in tax law, and may have advantages for this reason. Disclosure and compliance requirements. Different business structures may be required to make less ...
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Tax consolidation

Tax consolidation, or combined reporting, is a regime adopted in the tax or revenue legislation of a number of countries which treats a group of wholly owned or majority-owned companies and other entities (such as trusts and partnerships) as a single entity for tax purposes. This generally means that the head entity of the group is responsible for all or most of the group's tax obligations (such as paying tax and lodging tax returns). Consolidation is usually an all-or-nothing event: once the decision to consolidate has been made, companies are irrevocably bound. Only by having less than a 100% interest in a subsidiary can that subsidiary be left out of the consolidation.The aim of a tax consolidation regime is to reduce administrative costs for government revenue departments and reduce compliance costs for corporate taxpayers. For companies, consolidating can help understate profits by having losses in one group company reduce profits for another. Assets can be transferred between group companies without triggering a tax on gain for the company receiving assets, dividends can be paid between group companies without incurring tax liabilities, and tax attributes of one group company such as imputation credits can be used by other companies in the group. In some jurisdictions there may be other benefits, such as the ability to look through the acquisition of shares of acquired companies to depreciate the underlying assets.Countries which have adopted a tax consolidation regime include the United States, France, Australia and New Zealand. Countries which do not permit tax consolidation often have rules which provide some of the benefits. For example, the United Kingdom has a system of group relief, which permits profits of one group company to be reduced by losses of another group company.Consolidation regimes can include onerous rules and regulations. There are typically complex rules to deal with the acquisition of companies with tax losses or other tax attributes. Both the United States and Australia have rules which restrict the use of such losses in the wider group. In Australia, fixed trusts and 100% partnerships can be members of a consolidated group, but the head company must be a company and cannot be a trust or partnership.
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