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Income earned in the form of dividends is subject to income tax at the rate of 5%. Calculations, withholding and payment of tax are made by tax agents. In accordance with the Tax Code (Article 341, paragraph 1.7 and paragraph 1.16), the following cases are excluded from the taxable ‘passive’ income:
Current liabilities in accounting refer to the liabilities of a business that are expected to be settled in cash within one fiscal year or the firm's operating cycle, whichever is longer. [1] These liabilities are typically settled using current assets or by incurring new current liabilities.
In financial accounting, a liability is a quantity of value that a financial entity owes. More technically, it is value that an entity is expected to deliver in the future to satisfy a present obligation arising from past events. [1]
An ugly brawl after the final whistle marred Michigan’s shocking upset win over rival Ohio State, who entered the game at the No. 2 team in the nation.
President Joe Biden announced he would commute the sentences of 37 individuals on federal death row. Here's what that means.
NEW YORK — Lou Carnesecca, the legendary St. John's basketball coach and New York sports icon, has died at age 99. Carnesecca was beloved and turned St. John's basketball into a national ...
From January 2008 to December 2012, if you bought shares in companies when Enrique Hernandez, Jr. joined the board, and sold them when he left, you would have a 22.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
between 2008 and 2012, better performance than 1% of all directors The Rajiv L. Gupta Stock Index From January 2009 to December 2012, if you bought shares in companies when Rajiv L. Gupta joined the board, and sold them when he left, you would have a -59.7 percent return on your investment, compared to a 69.3 percent return from the S&P 500.