Tag: 杭州十大红灯

June Mar Fajardo still has high hopes for SMB’s Commissioner’s Cup campaign

first_imgNadine Lustre’s phone stolen in Brazil The 118-82 clobbering the Beermen received from Magnolia sent loss sent them crashing to the 10th spot with a 2-4 record and they all their matches are virtual do-or-dies.This predicament, however, isn’t new to the Beermen and five-time MVP June Mar Fajardo calmly said that they just have to step up.FEATURED STORIESSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissSPORTSCoronation night?SPORTSThirdy Ravena gets‍‍‍ offers from Asia, Australian ball clubs“We will win as a team, we will lose as a team, we just have to bounce back in our next five games,” said Fajardo in Filipino.The Beermen were also in bad form, by their standards, at the start of the All Filipino conference going 2-3 in their first five games before roaring to take a 7-4 record for the fifth seed. Sports Related Videospowered by AdSparcRead Next Taal evacuees make the most of ‘unusual’ clothing donations, leaves online users laughing Doubts cast on need for POC elections Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award03:05Malakanyang bilib sa Phivolcs | Chona Yu01:26Homes destroyed after Taal Volcano eruption View comments Olympic rings arrive in host city on barge into Tokyo Bay MANILA, Philippines—With a slow start in the 2019 PBA Commissioner’s Cup, San Miguel finds itself in a familiar uphill climb with five games remaining in its schedule.ADVERTISEMENT Deandre Ayton shines as Suns pound Knickscenter_img Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Despite the rough start, San Miguel weathered every possible turbulent wind and claimed its fifth straight Philippine Cup after a brutal 72-71 Game 7 win over the Hotshots.Fajardo said that all they need is to make it to the playoffs and they could start making their way up from there.“Our goal is to get to the top six, we can still do that,” said Fajardo whom Magnolia shut down to five points and three rebounds. “We just have to step up as a whole, things aren’t over yet. We’re not eliminated yet.”ADVERTISEMENT Steaming fissures on Taal Volcano Island spotted 11 nabbed for shabu, drug den busted in Maguindanao MOST READ Don’t miss out on the latest news and information. LATEST STORIES Solon urges Solgen to reconsider quo warranto petition vs ABS-CBNlast_img read more

Continue reading

South African eco-street lights for India

first_img9 March 2009Former cricket greats Clive Rice and Kapil Dev have signed an agreement for the exclusive Indian manufacturing and marketing an energy-efficient street light developed and manufactured in South Africa.Rice heads up South African company Envirolight, which markets the street lights manufactured by parent company Metair Limited. Dev’s specialist sports lighting company, Dev Musco, will market the Envirolight through a separate firm, Berget Buildcon.The deal was struck at the 2009 International Engineering and Technology Fair at the Bangalore International Exhibition Center in February.Present at the signing were South African Trade and Industry Minister Elizabeth Thabethe, Indian Minister of Small Scale Industries and Sericulture P. Venkataramanappa, and respresentatives of the International Marketing Council of South Africa.According to Business Standard, Dev’s company will import Envirolight’s street lights and sell them to state-run corporations and municipalities across the country, while looking to set up a manufacturing plant in India in the next two years.“India is facing a severe shortage of electricity and the country needs high-quality lighting in view of the current security scenario, especially after the Mumbai terror attacks in November last year,” Dev told Business Standard. “As sodium vapor lamps do not give clear view of the objects, our streets need bright compact fluorescent (CFC) lamps under which you can identify a person even in a moving car.”Envirolight’s product uses a high-power compact fluorescent lamp, electronic control gear and purpose-designed reflector to ensure that all light is directed towards the required target area.“Unlike traditional and sodium vapor lamps, which consume about 70-80 watts of energy, our 57-watt street lights use only 54 watts because of an electronic ballast, which allows for about 70% energy saving,” Rice told Business Standard.According to Envirolight, the light also provides “instant re-strike after power failures or voltage dips, full cut-off features, and has a light source of high quality with a colour rendering index of 82.”SAinfo reporterWould you like to use this article in your publicationor on your website?See: Using SAinfo materiallast_img read more

Continue reading

New Federal and State Cannabis Taxation Guidebook Available

first_imgStates are legalizing cannabis, or marijuana, while cannabis remains illegal under federal law. Wolters Kluwer has put all the state and federal tax laws in one place to ensure you know which laws apply to your clients.Wolters Kluwer offers a new book, Cannabis Taxation: Federal and State Tax Guidebook, that covers the federal and state taxation of cannabis or marijuana and related products.States have enacted laws that legalize, regulate and tax marijuana farming, manufacturing and distribution, as well as the prescription and retail sale of marijuana. In contrast, the federal government and other states continue to treat marijuana as an illegal narcotic. Between the growth of disparate and complex sets of laws governing cannabis, and the growth of legal cannabis agriculture, product manufacturing and sales, it’s more important than ever for tax and accounting professionals to be able to properly advise clients.This guidebook will give you an overview of federal tax policies related to cannabis, specifically Code Sec. 280E and the interplay between Code Sec. 280E and other code sections. In addition, it provides you with a comprehensive survey of how each state taxes cannabis or marijuana, as well as manufacturers, distributors and retailers of cannabis or marijuana.On Sale NowEnter promo code USTP-BXYY10615 to SAVE 30% on Cannabis Taxation: Federal and State Tax Guidebook. Go to our store to get it now.Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

Continue reading

VIBIR Returns Processed by the IRS Triggered the Limitations Period (Coffey Hulett, TC)

first_imgAn IRS deficiency notice sent to a married couple living in the U.S. Virgin Islands (V.I.) was untimely. The IRS failed to assess the deficiencies within three years from the date the VIBIR sent the taxpayers’ returns to the IRS. The VIBIR returns processed by the IRS triggered the limitations period.BackgroundThe taxpayers timely filed their returns with the V.I. Bureau of Internal Revenue. The taxpayers filed returns with the VIBIR because they believed they were bona fide residents of the V.I. Then, the VIBIR sent the couple’s Forms 1040 plus their Forms W-2 to the IRS under an information-sharing agreement. However, the VIBIR did not send the IRS any of the Form 1040 supporting schedules. Eventually, the IRS’s Philadelphia Service Center (PSC) received the documents and used the forms to create an account transcript, populating it with information from the forms.The IRS argued that the Forms 1040 plus the couple’s W-2s lacked enough information to be valid returns. Also, the Forms 1040 lacked original signatures because the VIBIR scanned the forms and sent them electronically to the IRS.Valid ReturnsTo be valid, a return must:contain sufficient data to calculate tax liability,purport to be a return,be an honest and reasonable attempt to satisfy the requirements of the tax law, andbe executed under penalties of perjury.Moreover, to start the limitations period, the return must be (1) properly filed and (2) the return the taxpayer is required to file. Accordingly, since the taxpayers did not file returns with the IRS, unless the VIBIR’s information sharing with the IRS amounted to “filing a return” the limitations period remained open.Sufficient Data The returns the IRS received had enough information for the IRS to create a transcript of account. The account transcript contained mostly zeros. However, the returns the IRS received from the VIBIR contained more information that a zero return, which the IRS argued the taxpayers should have filed. The forms reported the taxpayers’ gross income, deductions and credits. Further, the missing schedules did not prevent the computation of the couple’s tax liability.The Forms 1040 the taxpayers sent to the VIBIR were identical to the Forms 1040 used by the IRS. Therefore, the IRS got the information it required on the forms it created. There was sufficient information to process the returns and open an audit.Purported ReturnThe taxpayers believed they filed a return under Code Sec. 932(c) when they sent the returns to the VIBIR. They may have been wrong about where to send their returns, but they intended to file a return. Moreover, at least parts of their returns ended up in the right place, the Philadelphia Service Center. Moreover, under Code Sec. 932, filing a V.I. return is part of a taxpayer’s federal tax filing obligation.Honest, Reasonable AttemptThe taxpayers’ returns showed an objective attempt to report income and deductions. The returns were not typical tax protestor returns; they broke down the couple’s income, deductions, exemptions and credits. Even if the taxpayers were not entitled to their claimed V.I. credit, that makes the item erroneous. It does not make the form itself objectively unreasonable. A return does not need to be perfect to start the limitations period running.Further, a taxpayer who is a bona fide V.I. resident need file only with the VIBIR. However, if the taxpayers were not VI residents, they were supposed to send a completed return to the IRS. Nevertheless, the IRS argued that the taxpayers should have sent protective zero returns to start the limitations period. Therefore, the couple’s forms reporting all income and deductions were a reasonable attempt to satisfy their reporting obligations.Original Signature RequirementFinally, the IRS argued that the forms it received from the VIBIR were not valid returns because they did not contain original signatures. However, there is no statutory authority that requires original signatures on returns; returns must be signed under penalties of perjury. Further, the IRS did not receive the forms from just anyone. The IRS received the forms from the VIBIR, the official revenue agency of a U.S. possession. In addition, it was undisputed that the VIBIR accepted the couple’s forms as valid returns and shared them with the IRS under a longstanding information-sharing agreement. Therefore, the forms complied with the IRS’s rules sufficiently to constitute returns for limitations purposes.Related decision at CA-8, 2011-2 ustc ¶50,742.M. Coffey Hulett, 150 TC —, No. 4, Dec. 61,113 Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

Continue reading