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First Majestic Initiates International Arbitration Request under NAFTA against the Government of Mexico


Cautionary Note Regarding Forward Looking Statements
This press release contains “forward‐looking information” and forward-looking statements” under applicable Canadian and U.S. securities laws (collectively, “forward‐looking statements”). These statements relate to future events or the Company s future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management s experience and perception of historical trends, current conditions and expected future developments. Forward-looking statements include, but are not limited to, statements with respect to: the timing and amount of estimated future production; arbitration proceedings; and the validity of the Advance Pricing Agreement. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. Consequently, guidance cannot be guaranteed. As su ....

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COVID-19 and regulatory uncertainty spur greater tax risk for organizations in 2021 and beyond, EY survey finds


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LONDON, Feb. 23, 2021 /PRNewswire/  More than half (53%) of responding business tax leaders expect greater tax enforcement in the next three years, particularly as governments look to remedy budget pressures and stimulate their economies during the COVID-19 pandemic, according to the 2021 EY Tax Risk and Controversy Survey. EY teams canvassed the views of 1,265 tax and finance leaders across 60 jurisdictions and 20 industry sectors during the fourth quarter of 2020, making it the largest sample in the survey s history.
Business tax leader respondents highlighted issues around workers stranded overseas, treatment of financial losses linked to the pandemic, the claiming of tax refunds and even the receipt of stimulus measures as top pandemic-related tax risks. Respondents are also concerned about tax risk related to transfer pricing – skewed by the pandemic – and an acceleration in the digital transformation of tax authorities ....

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Union Budget 2021 - Decoding The Details - Tax


The table summarizing the slab wise rates applicable to
individuals is as under –
Exemption for LTC Cash Scheme
Under the existing provisions of ITA, exemption is available
for value of travel concession or assistance received by an
employee from his employer/ former employer, for himself and his
family, leave travel to any place in India ( Leave Travel
Concession or LTC ).
Due to the Covid-19 situation, it is proposed to provide tax
exemption to cash allowance in lieu of LTC.
Accordingly, it is proposed to amend the ITA to provide tax
exemption to cash allowance in lieu of Leave Travel Concession, ....

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