Argosy is very pleased to announce that the IRD has now ruled that the payment is deductible for tax purposes, the company said. The deductibility of the payment was considered highly likely and the payment was treated as deductible in the half-year accounts to 30 September 2011. deduct the costs.
Any risk manager worth his or her salt should recognise that there hasnt been much in the way of genuine risk transfer here. On the other, this is a pleasant example of regulators stepping up to the plate to try to stop an abusive practice...As usual, both sides claimed a measure of victory. "The apellate body has now spoken in both the Airbus and Boeing cases," said Rainer Ohler, Airbus' spokesman. "Comparing the core claims made by both sides, the net outcome is clear: Boeing's cash grants are fundamentally illegal, while the system of loans to Airbus by European governments is legal and may continue.
The source added that the cabinet had created a special bureau to take control of the decaying economy from the military, one of the worlds largest, which under Kims father was given pride of place in running the country!
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The other side of the pattern is that the days following the monthly strength period' are often negative, as traders sell to take their quick profits.
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