An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
NYS Entity Status
NYS Filing Date
MAY 30, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - MELINDA JACOB TAX SERVICES LIMITED LIABILITY COMPANY
AROUND THE WEB
- Finally, Something Good From Yahoo
Sunday Jul 2, 2017
- Floyd Mayweather asks IRS for delay to pay 2015 tax liability
By firstname.lastname@example.org (Fox News Online) - Tuesday Jul 11, 2017
- French court annuls Google’s $1.27 billion back tax bill
By Philippe Sotto - Wednesday Jul 12, 2017
PARIS — A French court annulled a $1.27 billion tax adjustment imposed on Google by France’s tax authorities, saying Wednesday that the way the Mountain View firm operates in France allows it to be exempt from most taxes.The French tax administration had argued that Google was required to pay taxes in France for 2005-10 because the company and its Irish subsidiary sold a service for inserting online ads to clients in France through its search engine.The court added that Google France doesn’t have the human resources or the technical means to allow it to carry out the contentious advertising services on its own.In their ruling, the judges noted that the ads ordered by French clients could not be put online by the employees of Google France themselves because any ad orders ultimately needed approval from Google Ireland Limited.Wednesday’s ruling comes amid mounting criticism that the tech firms and other major U.S. companies have scrimped on their tax bills through a variety of accounting maneuvers that have rankled governments around the world.
- Pennsylvania insurer’s collapse could hit Californians in wallet
By Chad Terhune - Friday Aug 11, 2017
Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.
- Neighborhood Joint: Staubitz Market in Brooklyn: 100 Years of Sawdust, Steaks and Chops
By ANDREW COTTO - Wednesday Jun 14, 2017
A display contains frozen items, and the shelves are stocked with jars and cans. But there’s just one reason to visit this Boerum Hill business: meat.
- Which States Have Tax-Free Holidays, And When Do They Happen?
By Ashlee Kieler - Friday Aug 4, 2017
As families prepare to send their little ones back to school, they’re heading to malls, big box stores, and other retailers to fill their backpacks and closets. While many companies offer deals and programs targeting back-to-school season — we’re looking at you Target — many states are also offering their own deals in the way of sales tax-free weekends. Although …