PYMNTS
SEPTEMBER 3, 2019
A tax dispute between Intel and the Internal Revenue Service could cost large technology companies billions of dollars, according to a report by The Wall Street Journal. billion tax expense due to the case, and Alphabet turned around on a $418 million benefit. Facebook disclosed a $1.1
PYMNTS
AUGUST 4, 2019
Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. million euros ($45 million) in earnings before interest, tax, depreciation and amortization this year, FT reported. Heidelpay expects to generate 40.5
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BankUnderground
OCTOBER 26, 2021
This is done by ensuring money is produced according to the strictest standards and avoiding manipulating it to the king’s benefit ( inflation tax ). Medieval monetary policy operated without a central bank. The French crown successfully engaged in repeated episodes of inflation-tax financing of wars ( Sussman and Zeira (2003) ).
PYMNTS
NOVEMBER 6, 2018
Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. Department of Justice to move forward with a $69 billion acquisition of Aetna, combining its insurance operations with CVS’ pharmacy businesses. small business owners.
PYMNTS
OCTOBER 5, 2016
The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.
CB Insights
OCTOBER 29, 2018
Date: March 20, 2003. When top networking company Cisco acquired Linksys in 2003 for $500M, it seemed like a natural fit: Cisco would continue catering to larger organizations, while Linksys would keep selling to home/small business customers. The mega-company reported a $45B write-down in 2003 and then a $100B yearly loss.
CB Insights
MAY 10, 2018
Expertise: An experienced operator’s perspective on a problem and the different ways that it can be solved. There’s a complexity to getting these tools operational that compounds at scale. Bain, which has helped hundreds of similar businesses undergo their “digital transformation,” has that deep operator expertise.
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