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Kingdom of Luzon. The Kingdom of Luzon was described as one of the more powerful and wealthier kingdoms in the archipelago. It was noted for its commerce, literacy, diplomacy, navy, and use of artillery. Its influence ranged at least from Mindoro to Kapampangan lordships, with possibilities of greater extent suggested by the name of the kingdom.
Royalty payment. A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and ...
Interest income from a depository bank under the expanded foreign currency deposit system is taxed at the rate of 15%. [3] Income from long-term deposits and investments, when pre-terminated in less than three years after making such deposit or investment, is taxed at the rate of 20%; less than four years, 12%; and, less than five years, 5%. [2]
The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period in which revenues and expenses are recognized. [ 1] According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred ...
South Korea lost an appeal on Thursday against a ruling that required it to pay U.S. hedge fund Elliott more than $100 million in a dispute over the 2015 merger of two affiliates of electronics ...
A performance rights organisation ( PRO ), also known as a performing rights society, provides intermediary functions, particularly collection of royalties, between copyright holders and parties who wish to use copyrighted works publicly in locations such as shopping and dining venues. Legal consumer purchase of works, such as buying CDs from a ...
The largest holding is Broadcom, but with just a 3.6% weighting, the fund isn't concentrated in only its top holdings. And while the fund has just 1.9% in P&G and 1.1% in Pepsi, it also includes ...
Cher won her yearslong lawsuit against Sonny Bono's widow over royalty payments for songs like "I Got You Babe" and "The Beat Goes On." The Grammy-winning artist sued Mary Bono in 2021, accusing ...