The Commission on Audit (COA) has bared that P412, 838,799.55-worth of cash bonuses remained unremitted and
undistributed to sugar farmers as of 2018, partly due to the Department of Labor and Employment's (Dole) lack of public announcements on the benefits.
Citing earlier reports, COA findings showed that the DepEd has P13.9 billion of expenses that were "illegal or lack adequate documentation"; P15.4 Billion unused allotment for unimplemented projects; P2.7 Billion un-liquidated cash advances; P254 million worth of questionable textbook contracts, P113.7 million worth of
undistributed books and P1.25 million payment of voucher to "ghost" beneficiaries.
The corporatisation is essentially being discriminated by way of higher tax, including taxes on dividends, bonus shares and
undistributed profit and huge burden of reporting and compliance in comparison to non-corporate sectors, according to the ICAP.
There are three basic components of the return of a municipal term trust in its final year: 1) the closing of the discount at which the fund is bought, 2) the tax-free distributions, and 3) the tax credit created when the fund pays out the embedded
undistributed tax-free income upon the liquidation of the fund.
Included in the net tax expense is a provisional mandatory one-time transition tax of approximately $4.0 billion on
undistributed international earnings, partially offset by a provisional benefit of $1.5 billion resulting from the required remeasurement of of our deferred tax assets and liabilities to the new,lower U.S.
902 corporation to make an extraordinary distribution so that the subsequent tax payment creates a high-tax pool of post-1986
undistributed earnings.
This supplemental cash dividend, which will be payable as set forth in the table below, will be paid out of Main Street's
undistributed taxable income (taxable income in excess of dividends paid) as of March 31, 2016.
This supplemental cash dividend will be paid out of Main Street's
undistributed taxable income (taxable income in excess of dividends paid) as of March 31, 2016.
Citizens and residents of the United States who are beneficiaries of certain
undistributed Canadian retirement plans are now also recipients of an automatic tax deferral, thanks to IRS Revenue Procedure 2014-55 (2014-44 IRB).
As on July 29 this year, around 6 lakh of those CFL bulbs with the former CM's pictures on them lie
undistributed in a storeroom.