Teva Pays $750M to Resolve Israeli Tax Issues Going Back More Than a Decade | BioSpace

Teva Pays $750M to Resolve Israeli Tax Issues Going Back More Than a Decade | BioSpace

Pictured: Teva’s site in Canada/iStock, JHVEPhoto Teva Pharmaceuticals on Tuesday announced that it has agreed to pay $750 million to put an end to what it calls a “historical income tax issue” in Israel. Under an agreement with the Israel Tax Authority, Teva will make its settlement payment in yearly installments, from 2024 to 2029. … Read more

Tax hike speeds ahead in late-night vote on record N.J. budget

Tax hike speeds ahead in late-night vote on record N.J. budget

Facing a deadline just days away, New Jersey lawmakers Wednesday night introduced and quickly began approving a record new $56.6 billion state budget that’s backed by a new tax hike on large companies, adds some funding for property-tax relief, and includes big spending on public schools and pensions.But Democratic leaders once again faced objections from … Read more

CFA Society Cyprus Forum examines global economic outlook

CFA Society Cyprus Forum examines global economic outlook

The CFA Society Cyprus organized an annual economic forum where the main topics of discussion were the financial outlook for the global economy and markets, as well as the key principles of financial forecasting. President Andreas Cleanthous highlighted the importance of financial forecasting in the investment process during the event.