Ramirent Oyj (HEL:RAMI), a provider of equipment rental for construction and other industries, announced on Monday that it has entered into a EUR500m intercompany
term loan facility agreement with Loxam S.A.S (Loxam), under which Loxam will make available to Ramirent a term loan facility of up to EUR500m to be used to re-finance Ramirent's existing indebtedness.
When managing the corporate income tax expense, MNEs face an unprecedented challenge in collecting, analyzing, reporting, and disclosing detailed qualitative and quantitative intercompany
Also, the company updated its outlook for fiscal 2019 and currently expects consolidated sales to be in the range of USD2.15bn to USD2.2bn, before intercompany
borrowings or lending between foreign direct investors and their units in the country fell by 54 percent to $333 million in November from $724 million in the same month in 2017.
MUSCAT: EY Alkhobar edged past Muscat to win the seventh edition of the EY Intercompany
Mena Cup during the weekend.
A further GBP 0.37m (EUR 0.40m) is payable to Animalcare on 30 June 2019 in relation to the remaining intercompany
A further GBP0.37m (EUR0.40m) is payable to Animalcare on 30 June 2019 in relation to the remaining intercompany
balance owed, with the final balance of approximately GBP0.23m (EUR0.25m) subject to achieving specific revenue targets between 1 July 2019 and 30 June 2020 and payable in July 2020.
borrowings, essentially debt extended by foreign principals to their Philippine affiliates, grew 56.3 percent in February alone and accounted for $412 million of the $573 million extended during the period.
Direct risk includes Other Fitch classified debt, which is primarily driven by Istanbul's expected intercompany
borrowing from its affiliate ISKI (water and waste water management) at zero interest rate for which no payment has been made to date.
Still, the tax court acknowledged that SMC was following the prevailing jurisprudence at the time before intercompany
advances were found to be taxable.
Does it make sense to pursue subrogation for an auto incident and what is the likelihood that your company would prevail in intercompany