Colombia court strikes down ban on deducting royalties from tax income
BOGOTA (Reuters) -Colombia’s Constitutional Court has struck down part of a law that prohibited extractive companies from deducting royalties paid to the government from their taxable income, benefiting businesses and dealing a…
Colombian Congress approves royalties budget for 2023-2024
BOGOTA (Reuters) – Colombia’s Congress on Wednesday approved a budget for investing billions of dollars in royalties from hydrocarbons and mineral exploitation. The 31.3 trillion peso ($6.369 billion) budget for 2023 and…
Lula campaign mulls new mining royalties in Brazil, spooking industry
By Rafaella Barros RIO DE JANEIRO (Reuters) – Brazilian presidential frontrunner Luiz Inacio Lula da Silva is considering raising royalties on certain mining projects if elected, a campaign adviser told Reuters, likely…
Domino’s Russian arm suspends royalties but pizza outlets remain open
– The Russian franchisee of global pizza chain Domino’s has suspended royalty payments from its restaurants in Russia and will limit further investment in the country following Moscow’s invasion of Ukraine, it…
‘Effectively Overcharges Seniors’: AARP Rakes In Record Profits Selling Brand Royalties While Overcharging Members
The American Association of Retired Persons (AARP) raked in massive profits in 2020, mostly from royalties on branded health insurance policies, not memberships, according to company financial documents. AARP’s 2020 Form 990…
MediaMuv Principals Charged with Stealing Millions in Music Royalties
PHOENIX, Ariz. – Jose Teran, 36, of Scottsdale, Arizona appeared today in federal court on charges for Conspiracy, Wire Fraud, Transactional Money Laundering, and Aggravated Identity Theft. In mid-November, a federal grand…
Breaking News
