Author: Arabian Media staff
Many corporations cannot legally deduct dividend payments before taxes. When C corps pay dividends, their shareholders get hit twice. The company pays tax and then the shareholder pays a tax on it, too. However, not all companies are structured this way. Some companies are set up so that any income they make passes straight to their owners, shareholders, or investors. In these cases, the company isn’t taxed on the dividend. Let’s take a closer look on when corporations can and can not deduct dividend payments. Key Takeaways Dividends are taxable to a corporation as they represent a company’s profits.Shareholders are…
Image: Getty Images/ For illustrative purposes Qatar strongly condemned a missile attack launched by Iran’s Islamic Revolutionary Guard Corps (IRGC) targeting Al Udeid Air Base this evening, calling it a blatant violation of its sovereignty, airspace and international law, state news agency WAM reported. In a statement published by the Qatar News Agency (QNA), Dr Majed bin Mohammed Al Ansari, Advisor to the Qatari Prime Minister and Official Spokesperson for the Ministry of Foreign Affairs, said the strike represented a “flagrant breach” of the United Nations Charter and warned that Qatar reserves the right to respond. The official added that…
Relationships can end for many reasons, but it’s no surprise that financial issues are a major cause of breakups. Research into the effect of shared finances on relationships found that couples who share bank accounts have better communication about finances. This can improve overall satisfaction with the relationship, although if the couple disagrees about finances, it could cause conflict. Let’s delve into what the research shows and how you can improve your financial health as a couple. Key Takeaways Sharing a bank account, like a checking or savings account, can improve communication about finances within a relationship. Poor communication about finances can…
Berkshire Hathaway Inc. (BRK.A; BRK.B) is a diversified holding company whose subsidiaries engage in insurance, freight rail transportation, energy generation and distribution, services, manufacturing, retailing, and other activities. Berkshire also holds a large portfolio of equity securities and derivatives, which heavily impact the company’s reported financial performance. The company’s list of competitors reflects Berkshire’s diverse family of businesses and includes insurance companies All State Corp. (ALL), Progressive Corp. (PGR), and Jefferies Financial Group Inc. (JEF); freight rail companies Union Pacific Corp. (UNP) and CSX Corp. (CSX); and utility and electricity companies General Electric Co. (GE) and NextEra Energy Inc. (NEE).…
A 40-year mortgage may be rare, but it can make home ownership more affordable. This is because it can spread out your mortgage payments over a longer time. While the affordability and flexibility this type of mortgage offers are appealing, the total interest you’ll end up paying and the longer time it’ll take to build equity might not be worth the risk. Key Takeaways The 40-year mortgage lowers your payment by spreading the amount owed over a longer time frame.While this arrangement will make payments more affordable in the short term, you’ll pay more in interest and take longer to…
A period of unemployment can make managing student loan payments feel overwhelming. Communicating with your lender or loan servicer early is crucial for finding options to keep your loans in good standing. Additionally, proactively managing your finances can help you avoid missed payments and protect your credit while you look for your next job opportunity. Key Takeaways Deferment and forbearance each allow you to pause your student loan payments for a certain period, but they differ in how interest can accrue during that time.Unemployment benefits and government assistance programs can temporarily cover the cost of essential living expenses, freeing up…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldIran fired missiles at an American military base in Qatar as Tehran struck against the US in retaliation for Donald Trump’s bombing of the Islamic regime’s main nuclear sites at the weekend. Residents heard explosions booming across Doha on Monday evening as air defences sought to intercept up to 10 missiles that were fired towards Al Udeid base.The sprawling base just outside the Qatari capital is the US Central Command’s regional headquarters and typically hosts about 10,000 American troops. But most…
With federal student loan payments having resumed, applying for deferment may provide temporary relief if you can’t afford your monthly payments. Deferments can last up to three years, which gives you time to create a financial plan and hopefully avoid default. Before your deferment period ends, you’ll want to determine how much you owe, create a personal budget, and select a repayment plan that works for your budget. Key Takeaways While in deferment, your student loans payments are paused, and interest may or may not continue to accrue.To prepare for repayment, find out how much you owe, select a repayment…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldWith two 12,000-feet runways stretching into the Qatari desert, Al Udeid is the largest and arguably the most important US military installation in the Middle East. Before it was targeted by an Iranian missile barrage on Monday, satellite imagery last week had showed the US relocating dozens of aircraft from the base after Israel’s assault on Iran. Around 40 US military aircraft disappeared, shrinking the fleet at the base to just three by June 19.Qatar’s defence ministry said that it had…
Student loans can impact your financial well-being and career goals, making it critical to understand your loan terms and repayment obligations. Federal student loans will typically enter repayment shortly after your enrollment status changes. To better manage your loans as you switch from school to the working world, look for opportunities to simplify your payments and repay your debt faster. Key Takeaways You must begin repaying your federal student loans shortly after you graduate, drop below half-time enrollment, leave school, or your loan enters repayment.For federal student loans, you can choose either a fixed payment or income-driven repayment (IDR) plan.Paying…
