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India-based neo-banking startup, Open is in talks with Tiger and DST for funding.
Based on data collected by Sandoval, Interest income from Foreign Currency Deposit Unit increased to 15 percent from 7.5 percent; Bank checks, drafts, certificates of deposits not bearing interests and other instruments (DST), P3 from P1.50; and debt instruments (DST), P1.50 for every P200 and its exceeding fraction from P1.
In fact, over $2 billion from retail investors will have been raised through DST syndications this year, representing a 10-year high.
DST is a trust formed under Delaware statutory law that essentially provides for a fractionalized real estate investment, and presents the opportunity, through a securities private placement offering, for an individual to join with other accredited investors to own investment-grade real estate that none of them could own individually.
Revenue attributable to this kind of data collection, if any, and thus subject to the proposed DST, is unclear.
The CTA, however, let the BIR keep the principal amount of P59.32 million as basic tax, saying it was proper to impose the DST on SMHC's advances from its parent company and other affiliates.
19-2018 dated March 19, clarifying the basis for the computation of CGT and DST with regard to the sale of previously mortgaged real property.
DST entered into a definitive agreement wherein SS and C will acquire DST in an all-cash transaction for USD 84 per share plus assumption of debt.
From among the courses opened in DST, two will be taught in English, the theatre website wrote.
Under the terms of the agreement, SS&C will purchase DST in an all-cash transaction for $84 per share plus assumption of debt -- equating to approximately $5.4 billion.
International Resource News-June 14, 2017--Hexagon PPM finalises agreement to acquire DST Computer Services
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