Remove 2003 Remove Operations Remove Taxes
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Intel Unit Case Could Mean Billions In Taxes For Big Tech

PYMNTS

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

Taxes 116
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KKR To Acquire German Digital Payments Firm Heidelpay

PYMNTS

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

Payments 136
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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

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) ).

Policies 133
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

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.

Capital 130
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The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)

PYMNTS

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.

Cards 189
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

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.

Google 76
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

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.