The BBC is a respected news media organization headquartered in London, broadcasting worldwide in 38 languages. It provides a range of content, from news journalism to popular comedy shows, and is funded by television license fees and government grants. The organization has a long history of technological innovation and maintains a high level of autonomy […]
Controlled foreign corporations are used by investors to reduce tax burdens in their home country, but many countries view them as tax havens and establish rules to limit deferred taxes. Companies create tax havens by creating subsidiaries in low-tax foreign countries and investing dividends there. The US and UK have laws requiring shareholders to declare […]
Partnerships offer more flexibility but leave owners open to legal liability, while corporations protect members from liability but have less flexibility. Limited liability companies offer a balance between the two. Taxation, management, and capital raising also differ between the two structures. Different types of companies, such as C and S corporations, also have varying tax […]
The Securities Investor Protection Corporation (SIPC) protects brokerage firm clients against insolvency and unauthorized transactions, with coverage up to $500,000. If a firm goes bankrupt, the SIPC works to return clients’ assets, which can take one to three months. The SIPC does not insure the value of stocks and has exceptions for certain investments. To […]
