The Connecticut Department of Revenue Services (DRS) has issued a special notice that addresses legislative changes to the apportionment of income by taxpayers computing:corporation business tax (CBT) liability, effective for income years beginning on or after January 1, 2016; andpersonal income tax liability, effective for tax years beginning on or after January 1, 2017.The notice contains procedures intended to help taxpayers source their receipts under the market-based sourcing rules. In addition, examples illustrate the application of the sourcing rules.Sales FactorThe legislation replaced the three-factor apportionment formula consisting of property, payroll, and sales factors with a formula based solely on the sales factor. In addition, the legislation adopted market-based sourcing rules for receipts from transactions involving services and intangible property. Receipts from the sale of certain property must be excluded from both the numerator and denominator of the sales factor if the property is not held by taxpayers primarily for sale to customers in the ordinary course of the taxpayer’s trade or business.Sourcing ProceduresUnder market-based sourcing, receipts from the sale of services and the rental, lease or license of intangible property must be sourced to Connecticut if, and to the extent, a business or individual customer uses the services or intangible property in the state.In general, use occurs at the location(s) where the taxpayer’s business or individual customer either directly or indirectly receives value from the service or intangible property. Taxpayers must follow procedures to identify where a customer receives value from a service or intangible property. The procedures, which depend on the facts and circumstances of the transaction, include:sourcing receipts based on the location of the customer’s billing address;the location indicated in the contract between the taxpayer and customer or the taxpayer’s books and records; orthe location where the customer placed the order for a service.The sourcing rules for determining the location where a business customer uses intangible property also distinguish between marketing intangibles, non-marketing and manufacturing intangibles, and mixed intangibles. If the location at which a customer uses a service or intangible property cannot be determined by the taxpayer after making reasonable inquiries, the taxpayer may reasonably approximate the location where the service or property is used. Finally, a taxpayer may petition the DRS for permission to source its receipts on an alternative basis, if, after a diligent effort to apply the procedures outlined in the notice, a taxpayer still cannot determine the proper sourcing of its receipts.Taxpayers Required to Use Market-Based SourcingThe apportionment and sourcing rule changes apply to taxpayers, including manufacturers, that are doing business in, or have economic nexus in and outside, Connecticut. CBT taxpayers engaged in certain activities, including air carriers, broadcasters, securities brokerages, and financial service companies, must continue to use industry specific apportionment and sourcing rules.Special Notice 2017(1), Connecticut Department of Revenue Services, April 17, 2017, ¶401-824Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.Need to learn more about market-based sourcing? Check out CCH CPELink
Mumbai, Sep 27 (PTI) Salman Khan is “amazed” by the tough guy image of Hollywood superstar Sylvester Stallone in his upcoming sports drama “Creed”. Sharing the link of the films trailer on his Twitter page, Salman wrote Stallone, 69, looks amazing as always. “Creed Releasing on 25th Nov @TheSlystallone Looks Amazing as always,” Salman, 49, who is a big fan of the action star, wrote. The “Bajrangi Bhaijaan” star has earlier confessed that Stallone has always inspired him in his life. “Creed”, a seventh film in the “Rocky” series, focuses on a man following in the footsteps of his late father, Apollo Creed and getting a mentor in the now-retired Rocky Balboa (played by Stallone). The Hollywood star is also producing the film. It stars Michael B Jordan, Tessa Thompson, Phylicia Rashad and Tony Bellew besides Stallone. PTI NDS NDS
World Championship silver medallist shuttler Saina Nehwal feels her decision to change base to Bangalore under Vimal Kumar’s tutelage turned out to be a masterstroke as it helped her regain her game and prolong her career, which was in serious doubt last year.Saina reiterated that she contemplated quitting last year following a string of poor performances but Vimal came as a saviour and instilled confidence and self belief in her.Also read: SRK fan Saina wants to be the queen of Badminton “It really really helped (decision to shift to Bangalore) and everyone can see that. A lot has changed since then. I have changed as a person. As of now I have become World no. 1, won China and India Open, reached the finals of All England and World Championships. All these happened only as I moved to Bangalore,” Saina said after returning from World Championship in Jakarta, where she lost to Spain’s Carolina Marin in final.”It was a move from Hyderabad but I did it because I wanted to improve and I think it was a good decision. Vimal Sir’s influence is the biggest change. I really want to thank him for spending so much time with me in the court and making me believe everyday that I am a champion, I can be number one.Also read: ‘Saina is not mentally fragile'”Even physically I am feeling much better. It’s because, when you get personal attention you are naturally going to improve. The whole attention is on you. He is working on areas in which I am weak,” Saina pointed out.advertisementA year ago, things were not going according to plan and Saina thought of quitting badminton after last year’s World Championships following a series of defeats. But training under Vimal helped Saina rediscover herself.Thinking about quitting “I was thinking about quitting (last year) because I thought I was getting irritated with the kind of performances I was giving. I was not happy with the way I was playing. It was not happening, I was not finding out ways to win. It was getting challenging for me because I knew I was a world class player,” Saina said.”Losing without a fight was not me. That was not the Saina I knew and only because of that I felt ‘why push yourself like this’. That moment Vimal Sir joined the Uber Cup team after a long time. He worked on my game and I started winning games in Uber Cup and then I won the Australian Open.”Geared up for Rio Having created history by becoming the first Indian woman to enter the finals of the World Championship, Saina is now all geared up for next year’s Rio Olympics.”It’s (World Championship medal) one of the special medals because it is going to give me lot more confidence to be ready for the Olympics. That is for sure. Olympics will have the same players coming in. Olympics come every four years. It will be lot more pressure. But same kind of players will be there,” she said. This was the first time that Saina managed to clear the quarterfinal jinx and she said it came as a “big relief”.”A big relief coming out of that quarterfinal stage. Now when I play the big events, the only thing that will be in my mind is to win the tournament,” she said.You want to win Saina said she tired her best to win the final match.”Of course, when you reach finals, you want to win it.Even I wanted to do that. Sometimes, things does not fall in place. But I gave my best. I am very happy that I reached finals of two big events this year,” she said.”It was disappointing to lose in the finals. But I have to take the positive out of it.”Numero uno Despite the 16-21 19-21 loss in the final, Saina became the world’s numero uno shuttler.”I feel great. I am very happy that my performances are coming out well. The important thing is that I am able to give more medals to my country. It is a very proud moment for me.This will only help me to achieve many more good results in future,” Saina said.”I’m very happy that things are finally falling in place.With the kind of training I am doing results will come.”On the Spaniard Carolina Carolina seems to have become a thorn in the flesh for Saina as it is against the Spaniard that she lost in the final of the prestigious All England Championship earlier this year.advertisement”I gave a much better account of myself in the World Championship than the All England final. I fought till the end here. But I need to find some ways to beat her (Carolina). She is in very good form.”The next time when I play her again I am sure I will be much better than this time,” she said.
AdvertisementFloyd Mayweather’s protege and boxing superstar Gervonta Davis brutally knocked out Hugo Ruiz in the first round to successfully defend his IBF super-featherweight title at the Dignity Health Sports Center in Carson, California.The 24-year old star from Baltimore hit the Mexican with a big straight right and then dropped him with a crushing right hook and ultimately referee Jack Reiss had to step in and stop the fight. Ruiz suffered a broken nose in the process.It was former three-division champion Abner Mares, who was supposed to fight him but ultimately he had to pull out following a detached retina.“Tonight, I just wanted to put on a great performance,” Davis said. “I was scheduled to fight Abner Mares, but he had an eye injury, so my main goal tonight was to make a great performance, which I did.”This was Davis’s 12th straight stoppage victory and he has now improved his record to 21-0-0 with 20 KOs.“I knew it was coming,” Davis said. “When I touched him with the jab, I seen his arm was in front of his face, so I knew if I threw a hook or an uppercut, it was right there to land.”VIDEO:Video Playerhttps://www.sportsindiashow.com/wp-content/uploads/2019/02/degClg80NLEpaPG8.mp400:0000:0000:22Use Up/Down Arrow keys to increase or decrease volume. ALSO READ:VIDEO: Boxer brutally knocks out his opponent and then does a ‘Fortnite’ dance Advertisement
Cristiano Ronaldo continued with his rich form as he once again netted a brace to give Real Madrid a 2-1 win at Eibar in La Liga on Saturday.Ronaldo scored for the seventh successive game in all competitions by blasting into the net in the 34th minute after chesting down a long ball by Luka Modric, but eighth-placed Eibar pegged the champions back when Ivan Ramis outjumped Sergio Ramos to head home from a corner in the 50th.Ronaldo was denied by an inspired save by Eibar’s Marko Dmitrovic, who clawed away the Portuguese’s header following a cross from Gareth Bale.The irrepressible striker had the final say, however, meeting a cross from Dani Carvajal in the area and powering the ball beyond the Serbian goalkeeper in the 84th minute, scoring a 13th goal in his last seven games in all competitions.Real are third in the Liga standings on 57 points, 12 behind runaway leaders Barcelona, who visit basement club Malaga later on Sunday. Atletico host Celta Vigo on Sunday.(With inputs from Reuters)
zoom Shanghai-based shipping company China Merchants Energy Shipping Co., Ltd (CMES) has received a financial package as part of the Chinese government’s scrapping subsidy program, the company said in a Shanghai Stock Exchange filing.Namely, the shipping firm received an amount of some RMB 763.4 million (USD 116 million) in scrap-and-build subsidies.CMES added that the funds, secured on June 16, will be categorised as non-operating income in the company’s 2016 financial results.The ship scrapping subsidy program, which was launched in 2013, was initially set to expire last year, however, China extended it until 2017.Under the program, shipping companies are encouraged to demolish older vessels with the aim of cutting vessel overcapacity and modernizing their fleets with modern eco-friendlier counterparts.The subsidies of RMB1,500 per gross tonne for scrapping older tonnage have proved to be a much needed lifeline for the country’s shipping companies such as China COSCO and China Shipping Development that managed to stay profitable in 2014.World Maritime News Staff
To protect students and make roads safer the province intends to introduce legislation this fall to reduce speed limits in school zones from 50 km/h to 30 km/h. “As a former teacher and principal, I know first hand that road safety is not always at the top of a student’s mind,” said Bill Estabrooks, Minister of Transportation and Infrastructure Renewal. “This reduction in speed could give a driver the extra split second needed to save a life.” Alberta, British Columbia, and New Brunswick already have a 30 km/h limit in school zones as do many U.S. states. The legislation is supported by numerous groups in Nova Scotia, including The Nova Scotia Chiefs of Police Association, Safe Communities HRM and the Union of Nova Scotia Municipalities. “Speed matters,” said Pamela Fuselli, executive director at Safe Kids Canada. “It’s estimated that a pedestrian struck by a car travelling at 50 kilometres an hour is eight times more likely to be killed than someone hit at 30 kilometres an hour.” The legislation is being developed and is expected to be ready this fall.
The Oilman of the Year award went to Art Jarvis, with Dave Marshall receiving the Ivor Miller Award.Oilmen’s President Dustin Stirling and Local MP Bob Zimmer were in attendance to congratulate and thank the oilmen for their continued support and involvement in the oil and gas industry. FORT ST. JOHN, B.C. – The Fort St. John Petroleum Association held their 10th Annual Oilmen’s Family Camp over the weekend at Peace Island Park in Taylor.This event was an opportunity for the entire family to enjoy a weekend of camping, boating, barbeques and even a duck race.On Saturday, the Oilmen held an awards ceremony where they honoured two of their members for their ongoing involvement and support in the oil and gas industry.
The event sold out in near record time with an estimated 30,000 people walking through the doors by the end of events Sunday evening. The various stations included a giant pile of LEGO pieces, where families were seen burying each other in piles of blocks, sloped courses to race imaginatively designed LEGO cars and tested a LEGO bridge.Spending time with his dad at one of the individual build stations, eight-year-old Grayson had a tip for anyone wanting to get serious about LEGO.“I’m building a LEGO Hero Factory character and looking for the right pieces, uou’ve got to dig to find the best ones,” he said. Trying to build the best LEGO car, eight-year-old Ethan said adding more wheels doesn’t hurt. There was also a board set up for those who see LEGO as more of an art form.“We’re building a picture with a blue sky and a tree,” said 10-year-old Ester, choosing to use only one-peg pieces for the project. Tanya and her husband brought their daughter out where they all sat down among the purple and pink DUPLO blocks to build a castle for Cinderella.“LEGO is fun for all ages as we can see here,” she said. Event spokesperson Tracey Weiss said that timeless fun is exactly why LEGO keep gaining popularity.“If you pick [a piece] up from 1950 it will still fit a 2014 version and I think that’s part of the charm of it, is that it’s classic but it always has a new twist,” said Weiss.She said she thinks the fact this year’s events sold out faster than almost every other year is a nod to the popular LEGO movie which hit theater this year. “We did have a LEGO movie building area here and that’s been pretty popular and we’ve also had the costumed characters who show up periodically for photos, so the kids just love it,” said Weiss. The three-day event involved over three acres of LEGO and included a life-size LEGO museum and a giant aerial view Canadian Flag made up of a mosaic of hundreds of LEGO towers. by News Staff Posted May 18, 2014 5:16 pm MDT Everything is Awesome at Calgary’s first LEGO KidsFest AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
The UK motor industry is positive about future prospects, but the cost burden of new legislation continues to blight competitiveness. That’s the central theme to emerge from Automotive Manufacturing 2005 – the industry perspective, SMMT’s third annual survey of senior industry executives, published today. While productivity is improving and initiatives to address the skills gap are starting to bear fruit, the industry has called for action to limit the legislative cost burden. Furthermore, the sector remains critical about transport infrastructure and has called for more support from government for international trade. SMMT President Roger Putnam commented, ‘Our survey shows the strength of feeling about the cost burden of new and sometimes conflicting legislation. This central concern is one reflected across Europe but my hope is that it may subside in years to come. The CARS21 initiative has an agenda to work towards better regulation, a coherent 10-year roadmap for the industry and an integrated approach to both the environment and safety agendas. Its work will be critical to the future of the automotive sector in the UK.’ Key report findings reveal that: Growth is expected by most companies in the next five years. 84% of those surveyed say that prospects are good compared to 81% last year and 75% in 2003. 95% of those surveyed say that the burden of legislation has significantly increased costs in the last five years; 93% believe the situation will worsen in the next five. Respondents are pessimistic about improvements in the UK business environment. While 53% feel it will improve over five years compared to mainland Europe, this figure falls to 30% when compared with the US and just 4% in relation to companies operating in the Asia-Pacific region.The UK transport infrastructure makes it difficult for UK companies to remain competitive according to 78% of those surveyed, with 87% believing it will not improve in the next five years. Just 9% of respondents feel that government support for international business development has improved over the last year. On skills, 48% of those surveyed say that it is hard to recruit appropriately skilled employees. However, this is an improvement from 65% last year. Level three skills remain the greatest headache for employers. Nevertheless, in three years, the proportion of respondents citing it as the most difficult area to recruit has fallen from 46 to 29%. Two-thirds of companies are aware of the work of the Automotive Academy, compared to just one third last year, with 89% saying it is key to addressing the skills gap in automotive manufacturing. Automotive Manufacturing 2005 – the Industry Perspective was published at SMMT’s Annual Dinner on 22 November 2005. Copies are available to download by using the link below. The report reflects the views of executives from 80 companies, employing more than 100,000 people in the UK automotive sector from component and aftermarket suppliers to car and commercial vehicle manufacturers.DownloadClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
The overall graduation rates for athletes on bowl-bound FBS football programs continue to climb, though the disparity in the rates between white and African-American players widened slightly, according to a study released on Monday.The Institute for Diversity and Ethics and Sport shows in its report that the overall football Graduation Success Rate (GSR) is up to 79 per cent, climbing from 77 per cent in 2017.The study found that white football players had a 90 per cent graduation rate, while black players were at 73 per cent. Both those numbers are up from 2017, when white players had an 87 per cent rate and black players were at 71 per cent, according to TIDES director Richard Lapchick, the primary author of the study.“In a lot of ways it’s continuing good news for college football,” Lapchick said in a phone interview.The 17 per cent gap between white and black players was up slightly from 16 per cent a year ago. Lapchick said the gap continues to be a major concern, but he is encouraged that the graduation rates for white and African-American football players continue to rise.He said the disparity in graduation rates isn’t a problem limited to college athletics and reflects wider trends in education. The study notes that the overall graduation rates for all African-American male students is 41 per cent at Division I schools, compared to 66 per cent for all white male students, citing numbers from the NCAA Education and Research Data.“The system isn’t just college athletics, it’s very dependent on public high schools, middle schools and elementary schools especially in urban areas, which is where a lot of our student-athletes come from,” Lapchick said. “They’re underfunded, understaffed and under resourced in terms of the technology available.”The study found that the four teams competing in this year’s College Football Playoff — Alabama, Clemson, Notre Dame and Oklahoma — all had “reasonable academic standing.” Alabama’s graduation rate was 84 per cent, Clemson’s 87 per cent, Notre Dame’s 95 per cent and Oklahoma’s 76 per cent.Some of the highest graduation rates in the study belonged to Duke, Stanford, Notre Dame, South Carolina, Northwestern, Vanderbilt and Utah. All seven programs had at least a 93 per cent graduation rate, including at least an 87 per cent mark for African-American players.Lapchick said the slow climb in graduation success rates for bowl-bound programs continues a trend that’s lasted a decade. Ten years ago, the graduation rate for white players was at 76 per cent, compared to 59 per cent for black players. Five years ago, the numbers were at 85 per cent for white players and 67 per cent for black players.___More AP college football: https://apnews.com/collegefootball and https://twitter.com/AP_Top25 .David Brandt, The Associated Press
Midway through the second half, the offenses began to heat up. Ohio State and Northwestern exchanged baskets between a pair of layups by sophomore forward Kyle Young and a 3 by senior guard C.J. Jackson to bring the game to 43-35 in favor of the Wildcats.Young had to leave the game at the end of the first half after aggravating a knee injury, but he returned to finish with seven points and four rebounds in 26 minutes of play.The Wildcats relied on their two leading scorers down the stretch. Redshirt senior forward Vic Law and senior center Dererk Pardon led the way for Northwestern with 10 and 20 points, respectively, also combining for 19 rebounds.Pardon scored 18 of his points in the second half.Ohio State will finish the regular season against No. 21 Wisconsin at home at 2 p.m. Sunday. Ohio State sophomore forward Kyle Young (25) looks to pass the ball during the second half of the game against Northwestern on Feb. 20. Ohio State won 63-49. Credit: Amal Saeed | Assistant Photo EditorOhio State had a rollercoaster of a recent stretch coming into tonight.Eight days ago, the Buckeyes had their biggest win of the season: a 20-point victory against then-No. 22 Iowa. Four days later, and Ohio State had its most emphatic defeat with a 86-51 demolition to then-No. 14 Purdue.The difference: an indefinite suspension to sophomore forward Kaleb Wesson, the Buckeyes’ leading scorer and rebounder.Against Northwestern, Wesson sat out again. Against Northwestern, Ohio State (18-12, 8-11 Big Ten) lost again, falling to the Wildcats (13-17, 4-15 Big Ten) 68-50. It was Northwestern’s first win against the Buckeyes at home since Feb. 18, 2009. After an abysmal start for Ohio State offensively, the Buckeyes brought the game to within five in the second half following a 3 by freshman guard Duane Washington.But Northwestern remained in control from there, going on a 10-0 run after the Washington 3 on the way to securing its first win in its past 11 games.The Buckeyes shot 26.6 percent overall on the night, their worst shooting percentage in any game since shooting 26.2 percent from the field against Michigan State in 2012. The loss to the Wildcats is Ohio State’s second game shooting less than 30 percent from the field in the past 10 seasons.It took 14 attempts and 8:51 for Ohio State to make its first field goal of the game, and the Buckeyes never got much hotter from there.Other than redshirt senior guard Keyshawn Woods, who hit 2-of-5 from the field, Ohio State made 8.6 percent of shot attempts in the first half, making 1-of-12 from 3. Woods finished as Ohio State’s leading scorer with 15 points on 5-of-11 shooting.Northwestern did not take advantage of the Buckeyes’ poor shooting, hitting 39.3 percent of its shots and taking only an 11-point lead into halftime. The Wildcats also had 11 first-half fouls, giving Ohio State eight makes in 12 tries from the foul line. Junior guard Andre Wesson struggled mightily in the game, missing all eight attempts from the field, finishing with two points on a pair of free throws.
← Previous Story French women’s champion Arvor 29 expelled to second division! Next Story → Katarina Bulatovic joins Oltchim Valcea! Handball qualificationSpain handballWCh 2013 qualification It is time for World Championship 2013 qualification. In the next two weekends, we will get all competitors WCh 2013 in Spain. Handball-Planet.com makes prognosis of the qualification’s clashes:Lithuania – Poland (10% – 90%)Russia – Czech Republic (55% – 45%)Slovakia – Belarus (50% – 50%)Hungary – Norway (55% – 45%)Iceland – Netherlands (90% – 10%)Macedonia – Austria (51% – 49%)Germany – Bosnia and Herzegovina (65% – 35%)Slovenia – Portugal (60% – 40%)Sweden – Montenegro (75% – 25%)
Stay on target A surprising number of Facebook users remain clueless about how their personal information is used for targeted advertising.A Pew Research Center survey found that 74 percent of U.S. adult Facebook users were unaware the site maintains a list of interest and traits.While most websites and apps track how consumers use digital services and turn that data into targeted advertisements, their proprietary algorithms are usually kept under lock and key.As part of its “transparency” narrative, however, Facebook allows users to view at least some of how it classifies them—based on engagement with content on the site—via the “Your ad preferences” page.Unique to each user, the dossier displays various pieces of personal information, including a list of purported interests.When directed to the page, 59 percent of Pew survey participants said the generated categories do reflect their real-life interests; another 27 percent claim they are not very, or not at all, accurate.I can see where they’re coming from.While I do enjoy photography, Star Wars, and IKEA, I have no idea how or why Facebook decided drag racing, towels, veganism, and Jesus are some of my personal passions. (They’re not.)So whether you like it or not, ads for horror fiction, YouTube, women’s rights, and nail polish will probably appear on your Facebook feed.But even if Facebook were spot-on with its assessments of user interests, targeted ads still feel, for many, like an invasion of privacy.According to Pew, about half of those surveyed (51 percent) are not comfortable with Facebook creating lists about their hobbies and traits. Conversely, a handful of folks (5 percent) are “very comfortable” with their leisure pursuits being aired for the world to see.“We want people to understand how our ad settings and controls work. That means better ads for people,” Facebook said in a statement to The Verge.“While we and the rest of the online ad industry need to do more to educate people on how interest-based advertising works and how we protect people’s information,” it continued, “we welcome conversations about transparency and control.”The social network did not immediately respond to Geek’s request for comment.More on Geek.com:10 Interesting Details In My Facebook Data DownloadFacebook Tests Event Sharing Features for StoriesD.C. Attorney General Sues Facebook Over Cambridge Analytica BreachFacebook Dating Expands to Canada and Thailand, Adds New Features Podcasts Are TV Shows Now With ‘Limetown’ Trailer7 Icebreakers for Facebook’s New Dating Service
Logo of BNPThe Bangladesh Nationalist Party (BNP) candidates of Khulna-2 and Khulna-3 constituencies on Saturday alleged that the law enforcers and Awami League backed miscreants have established a reign of terror in the area, reports UNB.Attending a press briefing at the party office in Khulna, the BNP candidate of Khulna-2 constituency Nazrul Islam Manzu said, “They (Awami League) have made an atmosphere of fear by arresting 46 BNP men in last 24 hours and accumulating ferocious killers and terrorists in the area.”He demanded for immediate suspension of police commissioner of Khulna Metropolitan Police (KMP) and reshuffle in the police department for holding a fair election.”We are witnessing politics of vengeance for past ten years. Now, a fearful condition has been created by attacks, mass arrests as well as threat to BNP men. It seems no election, rather a drama is being staged aiming to reelect Sheikh Hasina,” he said.BNP candidate for Khulna-3 constituency Rokibul Islam Bakul alleged the ruling party has been using police, Rapid Action Battalion (RAB), Border Guard Bangladesh (BGB) and local administration to resist the opposition and people of his constituency have been feeling insecure.BNP general secretary of Khulna city unit and former city mayor Mohammad Moniruzzaman, lawyers AFM Mahsin and Latifur Rahman Labu, among others, were present at the briefing.