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Trapped profits tax: What Israelis need to know

Trapped profits tax: What Israelis need to know | The Jerusalem Post Jerusalem Post/Business & Innovation/Banking & Finance This opportunity to reorganize by full or partial liquidation expires soon. But these rules are not the greatest thing since sliced bread. Income Tax and Property Tax Department at the Finance Ministry (photo credit: OLIVER FITOUSSI/FLASH90) ByLEON…

Street Legal put into voluntary liquidation

A Christchurch retailer has failed to survive a crowded shoe market, resulting in debts to creditors of more than $600,000, including outstanding wages and holiday pay for staff. Street Legal Shoes Limited has operated four retail stores in Christchurch, as well as Rangiora and Dunedin, and an online site since starting the footwear business in…

FCA warns over high debt levels and conflicts of interest among advice consolidators – International Adviser

The Financial Conduct Authority (FCA) has warned over high levels of debt and conflicts of interest following a review of consolidation in the financial advice and wealth management sectors. In its review findings, published today, the regulator raised concerns over the fact that many financial advice consolidators fund their acquisitions with high levels of debt.…

German womenswear brand Les Lunes is insolvent

Sustainably-focused womenswear brand Les Lunes is insolvent. Les Lunes GmbH has filed for self-administration proceedings at the relevant district court in Charlottenburg, the Berlin-based company announced on Friday. The application has been accepted and the preliminary self-administration confirmed. Lawyer Torsten Martini from the law firm Görg has been appointed as the provisional trustee. The reason…