A mutual fund may declare but retain a capital gain dividend. If it does so, the mutual fund will notify its shareholders of the amount of the undistributed dividend and, prior to 2018, paid federal ...

The Federal Board of Revenue (FBR) has recommended the imposition of a 5% tax on bonus shares issued by companies and on their undistributed profits in the next budget. This proposal would primarily ...

A report Tuesday from accounting analysts at JP Morgan seems to put a reliable number on the amount of cash that U.S. corporations hold in their foreign subsidiaries, and it’s a doozy. Of the 880 ...

Pakistan is one of the unique jurisdictions that charge tax on already taxed undistributed profits/reserves. There had been experiences in our fiscal policy on this subject which are discussed in the ...

It is being reported that the government is repeating once again the mistake of taxing undistributed reserves of a company for the third time in Pakistan. This mistake had been made twice before but ...

Sound Royalties says it has identified $14 million in undistributed royalties owed to over 300 artists and entertainers, including big names such as Mariah Carey, Pharrell Williams, Randy Jackson and… ...