Search results
Results from the WOW.Com Content Network
In 1996, the California State Legislature passed the Tax Preparers Act in an effort to help protect taxpayers against fraudulent and incompetent tax preparers.. A tax preparer is defined as “a person who, for a fee, assists with or prepares tax returns for another person or who assumes final responsibility for completed work on a return on which preliminary work has been done by another ...
The trust then leases the aircraft to an airline, and the trustee routes payments through the trust to the investors. Upon maturity of the note, the airline receives title to the aircraft. [1] See Pass-through certificate. The lease is not a "true" lease because the airline receives title at the end.
An equipment trust certificate is a specific case. In creating such a pass-through structure, the underlying assets are "bundled" into a pass-through security [ 2 ] (also known as a "pay-through security"), where the principal and interest payments are "passed through" to certificate holders.
Hong Kong International School (HKIS) is a co-educational private international school in Hong Kong with campuses in Tai Tam and Repulse Bay, serving students from Reception 1 to Grade 12. The Repulse Bay campus houses the Lower and Upper Primary Divisions, while Tai Tam houses the Middle and High School Divisions.
HKIS may refer to: The Hong Kong Institute of Surveyors; Hong Kong International School; Ichthyological Society of Hong Kong; Isiolo Airport, in Kenya; See also.
The FTB's name reflects the fact that it was originally created to collect this tax. The agency's name was left unchanged even after the state created a personal income tax and added it to the FTB's responsibilities. The corporate tax is imposed on businesses that do business in California and derive income from within California. [2]
A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy.
Subordinated debt has a lower priority than other bonds of the issuer in case of liquidation during bankruptcy, and ranks below: the liquidator, government tax authorities and senior debt holders in the hierarchy of creditors. Debt instruments with the lowest seniority are known as subordinated debt instruments. [1] [2]