Analysts expect the central bank to make modest increases in money-market rates in 2018 as it aims to keep up the pressure on deleveraging and prevent too much divergence with U.S. policy, according to a Bloomberg survey. The PBOC hasn't changed the benchmark one-year lending rate since
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TQA 7200.09, Tax Accounting Considerations Under Partnership Audit Regime, offers nonauthoritative guidance and states that this collection of tax from the partnership instead of the partners is an administrative convenience on the part of the government. Therefore, the income taxes on partnership
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Starbucks is predicting you'll buy its latest gimmicky drink – and the coffee chain's fortunes will likely grow as a result.
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Electric cars may be cheaper than their petroleum counterparts by 2025 if the cost of lithium-ion batteries continues to fall. Some models will cost the same as combustion engines as soon as 2024 and become cheaper the following year, according to a report by Bloomberg New Energy Finance. For that
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Robin Greenhouse is a partner at McDermott Will & Emery, a law firm in Washington, D.C. Robin represents businesses and individuals in resolving complex, large-dollar federal tax controversies. Over her 30-year career as a government and private practice tax litigator, she has argued more than 100
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