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2014-06-12 08:20:54

For the second quarter: -- Revenues of $1.1 billion, an increase of 1% compared with 2013. -- Adjusted operating loss1 of $4.0 million, compared with an adjusted operating profit of $2.7 million in 2013, a decrease of $6.7 million in spite of the fact that the decline in value of the Canadian dollar alone led to an increase in operating expenses of $22.0 million. -- Adjusted net loss3 of $7.6 million,...

2014-06-05 16:30:10

MORRISVILLE, N.C., June 5, 2014 /PRNewswire/ -- Alliance One International, Inc. (NYSE: AOI) today announced operating results for its fiscal year ended March 31, 2014. Highlights -- Sales and other operating revenues improved compared to last year 5.0% to $2,354.9 million driven primarily by increased green tobacco costs that were partially reflected in prices paid by customers. -- Selling, general and administrative expenses decreased 8.0% to $134.1...

2014-05-29 23:15:19

TaxConnex, LLC, America’s leading independent sales and use tax outsourcing and consulting firm, is proud to announce the launch of the TaxConnex YouTube Channel. TaxConnex uses YouTube as a way to share information with the Sales and Use Tax community. Atlanta, GA (PRWEB) May 29, 2014 TaxConnex, LLC, America’s leading independent sales and use tax outsourcing and consulting firm, is proud to announce the launch of the TaxConnex YouTube Channel. TaxConnex uses YouTube as a way to...

2014-05-29 16:29:50

DALLAS, May 29, 2014 /PRNewswire/ -- Virginia Tax Commissioner Craig M. Burns ruled that cellular telephone "activation" fees charged to cellular telephone providers' customers are not subject to the communications sales and use tax. A taxpayer contested that the activation fees it charged to its customers only occurred when the customer purchased a phone from the taxpayer or from a separate retail store and not when the customer used its own phone to obtain cellular phone service...

2014-05-29 04:21:58

SHENZHEN, China, May 29, 2014 /PRNewswire-FirstCall/ -- China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("Nepstar" or the "Company"), a leading retail drugstore chain in China based on the number of directly operated stores, today announced its unaudited financial results for the first quarter ended March 31, 2014. Financial Highlights For the quarter ended March 31, 2014:...

2014-05-27 08:25:42

DENVER, May 27, 2014 /PRNewswire/ -- A new book, "A Theory of Tax Fairness," by Dr. J. H. Moromisato, Director of the Reformed Economics Institute at Denver, CO, describes a novel approach to taxation, which calls for tax rates of 99% on the top 0.001% of taxpayers, and reduced total tax rates--including SS taxes--for the 99% and below. It also finds that the accelerated accumulation of wealth by a tiny minority of the population can be identified with a type of human cancer: they are...

2014-05-23 16:25:25

Will Submit the Plan for Stockholder Approval at the 2015 Annual Meeting of Stockholders AUSTIN, Texas, May 23, 2014 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) announced today that its Board of Directors has adopted a Tax Benefit Preservation Plan (the "Plan") designed to preserve the value of its significant net operating loss carryforwards ("NOLs") in relation to the potential limitations under Section 382 of the Internal Revenue Code. Crossroads intends to seek...

2014-05-21 23:14:14

LifeYield, a provider of tax-smart household portfolio management software, grabs the attention, and investment, of industry veteran J.C. Massar. (PRWEB) May 21, 2014 LifeYield, LLC a provider of tax-smart goals based investing software, today announced J.C. Massar has invested in LifeYield and taken a seat on its Advisory Board. Over his distinguished 35+ year career, Mr. Massar spearheaded Capital Group’s highly successful entry into the defined contribution retirement, variable...

2014-05-21 11:47:04

Duke University Revenue gains usually offset cost of new roads, utilities Oil and gas development from shale fields has generally helped the public finances of local communities, providing new revenues and resources that usually -- but not always -- outweigh the increased demand for public services and other costs, according to a new analysis from two Duke University researchers. Daniel Raimi and Richard Newell gathered data from communities surrounding 10 oil and gas "plays" from...

2014-05-20 23:16:56

The Uniform Tax Claim website now makes it even easier to claim a tax refund based on uniform upkeep costs in the UK (PRWEB) May 20, 2014 Despite only launching recently, the Uniform Tax Claim website can already count many UK workers as fans. This is after assisting these workers in making a claim to recover some of the income tax they’ve paid over the previous years. While there are many different ways to claim a tax refund in the UK, this website caters solely to those in the UK who...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'