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Byline: Dubi Ben-Gedalyahu Dec. 12In line with the Ministry of Finance's earlier announcement, the Israel Tax Authority officially announced today that the rate of purchase tax on electric vehicles will [...]

To meet challenges and address resource gaps, tax leaders look to outsourcing and technology Survey Highlights: * Tax risk is a growing concern. Nearly half (44%) of all organizations plan [...]

Byline: Antonio Olivo Fairfax County lawmakers Tuesday approved a budget that raises the residential tax rate by 3 cents, a reflection of the lingering economic impacts of the pandemic and [...]

Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax [...]

Byline: Nicholas Cecil Political Editor LONDON'S income tax bill has soared to a record PS51 billion with 11 boroughs paying more into Treasury coffers than any region outside the South-East, [...]

Byline: Phillip Coorey May 09, 2023 (The Australian Financial Review - ABIX via COMTEX) -- The budget papers have confirmed that the federal government expects to post a surplus of [...]

M2 PRESSWIRE-April 6, 2023-: TOTAL PROPERTY TAXES ON SINGLE-FAMILY HOMES UP 4 PERCENT ACROSS U.S. IN 2022, TO $340 BILLION (C)1994-2023 M2 COMMUNICATIONS RDATE:06042023 Total Single-Family Taxes Levied Nationwide in [...]

Total Single-Family Taxes Levied Nationwide in 2022 Rose Twice as Fast as in 2021; Average Property Tax Amount Up 3 percent, to $3,901, While Effective Rate Dips Slightly; Highest Effective [...]

Byline: Hannah Wootton Mar 16, 2023 (The Australian Financial Review - ABIX via COMTEX) -- Ken Henry contends that the recommendations in his 2010 review of the tax system are [...]

Byline: Hannah Wootton Mar 16, 2023 (The Australian Financial Review - ABIX via COMTEX) -- Ken Henry contends that the recommendations in his 2010 review of the tax system are [...]

San Diego, CA March 07, 2023 --(PR.com)-- U.S. income tax-rates will automatically jump after 2025, reverting to their pre-2018 level. This will immediately impact everyone with a 401(K) or traditional [...]

Byline: Nicholas Cecil Political Editor ABOUT 750,000 people in London and the South East are to be dragged into paying the higher rate of income tax, research reveals today. They [...]

ARLINGTON, Va., Sept. 13, 2022 /PRNewswire/ -- Bloomberg Tax today released its 2023 Projected U.S. Tax Rates, which forecasts that inflation adjusted amounts in the tax code will increase by [...]

Byline: Robert Gottliebsen May 04, 2022 (The Australian - ABIX via COMTEX) -- Rising interest rates is not the only challenge facing family-owned businesses in Australia. Many family enterprises that [...]

Byline: Robert Gottliebsen May 04, 2022 (The Australian - ABIX via COMTEX) -- Rising interest rates is not the only challenge facing family-owned businesses in Australia. Many family enterprises that [...]

Sanofi expects 2022 business EPS to grow low double-digit at CER, barring unforeseen major adverse events. Applying average Apr 2022 exchange rates, the positive currency impact on 2022 business EPS is estimated to be between +4% to +5%. In the 1Q 2022, Sanofi sales were EUR 9674 M, up 12.6% on a reported basis. Exchange rate movements had a positive effect of 4.0 percentage points, mainly due to the US dollar. At CER, company sales were up 8.6%. 1Q 2022 business operating income (BOI) increased 16.2% to EUR 3065 M. At CER, BOI increased 12.2%. The ratio of BOI to net sales increased 1.0 percentage point to 31.7% (31.7% at CER). In Europe sales increased +6.7% in the 1Q 2022 to EUR 2392 M mainly driven by Dupixent performance as well as strong CHC growth. In Rest of World sales increased +7.0% to EUR 3798 M in the 1Q 2022. 1Q 2022 other revenues increased 28.5% (up 23.7% at CER) to EUR 379 M, including VaxServe sales contribution of non-Sanofi products of EUR 286 M (up 16.7% at CER). 1Q 2022 gross profit increased 15.7% (up 11.1% at CER) to EUR 7175 M. The gross margin ratio increased 2.0 percentage points to 74.2% versus the 1Q 2021. Research and development (R&D) expenses increased 17.5% (up 14.0% at CER) to EUR 1489 M in the 1Q 2022, reflecting increase in priority assets development as well as recent acquisitions. 1Q 2022 selling general and administrative expenses (SG&A) increased 8.4% to EUR 2379 M. At CER, SG&A expenses were up 4.3%, reflecting increased commercial investments in Speciality Care growth drivers which were partially offset by continued streamlining initiatives. In the 1Q 2022, the ratio of SG&A to sales decreased 0.9 percentage point to 24.6% compared to the prior year. 1Q 2022 operating expenses were EUR 3868 M, an increase of 11.8% and 7.8% at CER. 1Q 2022 other current operating income net of expenses was EUR -265 M versus EUR -101 M in the 1Q 2021. Net financial expenses were EUR 78 M versus EUR 84 M in the same period of 2021. 1Q 2022 effective tax rate was 19.0% versus 21.0% in the prior year. Sanofi expects its effective tax rate to be around 19% in 2022. 1Q 2022 business net income increased 20.2% to EUR 2424 M and increased 16.0% at CER. The ratio of business net income to net sales increased 1.6 percentage point to 25.1% versus the 1Q 2021. In the 1Q 2022, business earnings per share (EPS) was EUR 1.94, up 20.5% on a reported basis (up 16.1% at CER). The average number of shares outstanding was 1249.2 M versus 1249.3 M in 1Q 2021. In the 1Q 2022, free cash flow before restructuring, acquisitions and disposals decreased by 15.5% to EUR 1998 M, after net changes in working capital (EUR -468 M) and capital expenditures (EUR -356 M). Original source: Sanofi, website: http://en.sanofi.com/, Copyright Sanofi 2022., company results; research and development; Dupixent; pharmaceuticals; [...]

NEW YORK -- KBRA releases research examining the February 2022 U.S. retail sales report. This month's commentary discusses the slowing rate of retail sales growth last month, as well as [...]

Byline: Kelley Bouchard Jun. 30SOUTH PORTLAND The first citywide property revaluation in 15 years has pushed up residential property assessments an average of 45 percent, with homes in popular waterfront [...]

NEW YORK -- KBRA releases research examining January 2022 U.S. retail sales. This month's commentary discusses the breadth of January's upbeat retail sales numbers as well as evolving expectations for [...]

Byline: Janice Francis-Smith OKLAHOMA CITY Both corporate income taxes and personal income taxes will be reduced under the budget plan announced Thursday by Gov. Kevin Stitt and legislative leaders. Acknowledging [...]

Diversifying portfolios to reduce risk could carry higher capital gains liabilities, seriously eroding investment returns and personal wealth STAMFORD, Conn. -- According to O'Shaughnessy Asset Management, LLC (OSAM), a leading [...]

Byline: Editorial Board LEADERS OF the Group of Seven leading industrial nations convene in Cornwall, England, Friday, with their respective finance ministers having already made a significant agreement to change [...]

Average Property Tax of $3,719 Up 4 Percent; Effective Tax Rate at 1.1 Percent; Highest Effective Tax Rates Remained in New Jersey, Illinois, Texas, Vermont, Connecticut IRVINE, Calif., April 8, [...]

The Private Jet Company sees concerns about health and the vastly reduced flights of commercial carriers during the pandemic to drive a surge of interest in private aviation among businesses [...]