Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...
#CSuite Lafarge Africa Plc Appoints Mrs Adewunmi Alode as Company Secretary – Lafarge Africa Plc Appoints Mrs Adewunmi Alode as Company Secretary Proshare Nigeria Limited (press release)Full coverage http://bit.ly/2iXGYdE
— Muzaffaruddin Alvi (@Muzaffar1969) December 13, 2017
https://platform.twitter.com/widgets.js
VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 29, 2017) – The following issues have been halted by IIROC / L’OCRCVM a suspendu la négociation des titres suivants :
May 30, 2017 at 12:44AM
from
Section 215 |
Sixers: Risks of trading back in the 2017 NBA Draft
Section 215 The Sixers are once again in the top three of the NBA Draft. But should they stay there? If NBA Drafts were comic book characters were comic book characters, last year’s was Joker and this year’s is Batman. Despite the Sixers landing the most surefire … Blasted by Cavs, No. 1 pick in hand, Celtics must consider trading Isaiah ThomasCBSSports.com For the Boston Celtics, trading Isaiah Thomas is not the answerSir Charles In Charge |
May 22, 2017 at 12:44AM
from
Federal tax reform is still a ways off, but the prospect of an Internal Revenue Code rewrite already has prompted Oklahoma to change one of its tax laws.
Republican Gov. Mary Fallin on (R) May 12 signed legislation that will decouple the Sooner State’s standard deduction from the current federal standard deduction.
The reason for the change? If the Trump Administration’s proposal to double the federal standard deduction eventually becomes part of the tax law of the land, Oklahoma stands to looks a lot of tax revenue.
Federal, state tax ties: Oklahoma’s tax system, like that of many states with income taxes, is closely connected to taxpayers’ federal filing data.
In the 41 states and Washington, D.C., that currently tax their residents’ incomes, those state filings to a large degree conform to many features of the federal tax code. They use similar definitions of what is considered income, what can be deducted and how certain tax transactions are treated.
And in Oklahoma’s case, that includes tax laws that automatically change when there are adjustments, such as the annual inflation tweaks, to the federal code.
Conscious tax decoupling: That’s why H.R. 2348 was introduced in the Oklahoma House. It separates the state’s standard deduction amount from that used on returns sent to Uncle Sam.
The new law is effective with the 2017 tax year and freezes the state’s standard deduction at the current levels, which are the same as the inflation adjusted 2017 federal standard deduction amounts. That’s $6,350 for single filers and for married taxpayers filing separately; $9,350 for head of household filers; and $12,700 for jointly filing married taxpayers.
The bill moved quickly through the state legislature, narrowly passing in the House on May 2 and getting overwhelming support of the state Senate two days later. Fallin signed the measure into law last week.
Budget benefit, but at what cost? In debating the change, supporters of the decoupling characterized it as a “safety measure” that will help raise new revenue and fill a projected $878 million hole in Oklahoma’s budget by raising an estimated $4.4 million.
It also “protects Oklahoma from seeing a really large revenue loss,” especially if the federal deduction amount is changed, Gene Perry of the Oklahoma Policy Institute told Tax Analysts.
Opponents of the change, however, say the separate Oklahoma standard deduction amounts put the tax burden heavily on the backs of working families. Without some sort of indexing, as Oklahomans earn more, their frozen standard deduction amounts will provide less tax benefit.
Many states are struggling with similar fiscal shortfalls. As the federal tax reform process progresses, it will be interesting to see how many decide to follow Oklahoma’s example and separate themselves from the federal tax code on budgetary grounds.
You also might find these items of interest:
Advertisement
May 17, 2017 at 12:32AM
from skbell1
|
Five Prime Therapeutics (FPRX) Names Garry Nicholson to Board of Directors
StreetInsider.com Mr. Nicholson currently serves on the board of directors of Tesaro, Inc., a public pharmaceutical company. Mr. Nicholson received a B.S. in Pharmacy from the University of North Carolina at Chapel Hill and an M.B.A. from the University of South Carolina. |
May 17, 2017 at 12:36AM
from
May 14, 2017 at 12:34AM
from Jillian Ambrose
May 14, 2017 at 12:34AM
from Benjamin Martin
May 14, 2017 at 12:36AM
from Jillian Ambrose
May 14, 2017 at 12:36AM
from Benjamin Martin
http://ift.tt/2qYLoGy
May 12, 2017 at 12:30AM
from
http://ift.tt/2pCB8z9
May 12, 2017 at 12:30AM
from
Austin, Texas real estate technology company Opcity has raised US$27 million in a Series A financing. The round was led by Icon Ventures with participation from Georgian Partners, a Canadian growth equity firm, and LiveOak Venture Partners. Founded in 2015, Opcity uses proprietary data sets and applied analytics to match top agents with qualified home buyers and sellers in real-time. The company plans to use the fund raised to scale its workforce and expand its footprint among real estate brokers across the United States.
PRESS RELEASE
Led by Icon Ventures, Opcity’s Series A is Austin’s Largest Venture Raise of 2017
May 10, 2017
AUSTIN, Texas–(BUSINESS WIRE)–Opcity, the real estate technology company improving residential real estate’s consumer experience by matching top agents with qualified home buyers and sellers in real-time, today announced its Series A financing of $27 million. The round was led by Silicon Valley-based Icon Ventures, with participation from artificial intelligence-focused Georgian Partners, and Texas-based LiveOak Venture Partners. Tom Mawhinney of Icon Ventures will join the Opcity Board. Opcity plans to use the funding to rapidly scale its workforce and establish an award-winning culture to expand its footprint to real estate brokers nationwide.
Opcity’s technology platform identifies transaction-ready buyers and sellers in the growing haystack of online real estate inquiries and delivers them to top agents through brokers in real-time with no upfront cost. Using proprietary data and applied analytics, Opcity’s unique technology and matching algorithm converts online inquiries into transactions, increasing the conversion rate by three to five times the industry average.
“The home buying and selling experience for brokers, agents and consumers has historically been complex and at times extremely frustrating,” said Ben Rubenstein, CEO and Founder of Opcity. “Our goal at Opcity is to simplify this process and to generate a more efficient ecosystem by matching home buyers and sellers with the right agents in real-time and then optimizing their experience every step of the way. We also take on all upfront costs, which ensures we’re completely aligned with the brokers, their agents, and the consumers, as we do not get paid until a transaction successfully closes.”
Opcity initially launched in a handful of markets in 2016 and has since scaled quickly due to brokerage industry demand for its service. Today, Opcity works with over 350 brokerages and more than 4,000 agents on the platform, spanning franchised brands including Better Homes & Gardens, Keller Williams, ReMax, Century 21, Berkshire Hathaway Home Services, and the leading independent brokerage companies.
“Opcity is one of the most compelling marketplace businesses we have seen, with the opportunity to transform the real estate industry while creating a win/win with all their constituents,” said Tom Mawhinney, General Partner at Icon Ventures. “Opcity has the total package of an incredible team, product, and business model.”
Opcity is the second startup for Austin-based Rubenstein, whose success and experience in founding and growing Yodle (acquired by Web.com in 2016 for $342 million and a consistent winner of Best Places to Work) has helped drive early execution and rapid growth for the company. Rubenstein’s track record and Opcity’s ability to scale spurred interest from top-tier investors and allowed them to close the largest Series A in recent Austin history. With this fresh investment, in addition to expanding into new markets, Opcity will further scale the business across its matching platform, and hire the staff necessary to execute demand for its services by brokerages.
Learn more at http://www.opcity.com and follow us on Facebook, Twitter, and LinkedIn.
ABOUT OPCITY
Opcity is modernizing the real estate industry by matching top agents with qualified home buyers and sellers in real-time. Using large proprietary data sets and applied analytics, Opcity’s unique technology and matching algorithm turn online inquiries into transactions, drive increases in conversion by three to five times the industry average, and give brokers centralized insights into agents’ pipelines for the first time. Based in Austin, TX, Opcity is a fast-growing company tackling some of the most exciting challenges in the way people buy and sell homes.
ABOUT ICON VENTURES
Based in Palo Alto, California, Icon Ventures is a technology venture capital firm specializing in mid-stage investing in companies with great entrepreneurs, compelling business models and strong momentum in their respective markets. Icon Ventures has had the privilege to invest in market-leading companies such as Aster Data, ClairMail, FireEye, 41st Parameter, Infinera, MoPub, Palo Alto Networks, Proofpoint and Teladoc. For more information about Icon Ventures visit http://ift.tt/1CCDiBz.
ABOUT GEORGIAN PARTNERS
Georgian Partners is a thesis-driven growth equity firm investing in SaaS-based business software companies exploiting applied artificial intelligence, security first and conversational business. Founded by successful entrepreneurs and technology executives, Georgian Partners leverages our global software expertise to be able to directly impact the success of companies. For more information, visit http://ift.tt/1lwtak9.
ABOUT LIVEOAK VENTURE PARTNERS
LiveOak is a $109MM Fund based in Austin, TX and was founded by Ben Scott, Krishna Srinivasan, and Venu Shamapant (all formerly of Austin Ventures). While many of LiveOak’s investments begin in the early stages, LiveOak is a full lifecycle investor focused on technology and technology-driven service companies based in Texas. With over 16 years of successful early stage investing in Texas, the Founders of LiveOak have helped entrepreneurs create industry-leading companies, such as Spatial Wireless (acquired by Alcatel-Lucent), Navini Networks (acquired by Cisco Systems), LifeSize Technologies (acquired by Logitech), Mavenir Systems, and StackEngine (acquired by Oracle). For more information, visit http://ift.tt/1lPhIPU
Contacts
for Opcity
Allyse Sanchez, 925-548-2535
allyse@ink-pr.com
Photo courtesy of Reuters/Jonathan Ernst
May 11, 2017 at 12:29AM
from Kirk Falconer
May 11, 2017 at 12:43AM
from
