Eminence domain
Article Abstract:
Richard Kincaid has been appointed as the chief financial officer of Equity Office Properties Trust. Some of Kincaid's fruitful contributions to Equity Office in his first few months at the position includes overseeing the $1.25 bil offering of senior unsecured notes of the real estate investment trust (REIT) and the raising of $2.4 bil for the company in a multifaceted financing program. Kincaid is credited with increasing the REIT's attractiveness to investors, with its weighted-average coupon rating of 6.66% for an average term of 8.8 years.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1998
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Sales tax squeeze
Article Abstract:
The Ernst and Young accounting firm disclosed that corporations overpay state and local sales taxes by some $14 billion every year. Experts explain the practice is a result of overly convoluted and diverse laws which corporations find too difficult to accurately keep track of. The manufacturing industry is especially vulnerable to the situation due to the more than 7,000 kinds of taxes on different kinds of transactions. Experts advise managers to use available software to ease the burden of tax management.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1998
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The Internet road show arrives
Article Abstract:
Net Roadshow of Georgia has received approval from the Securities and Exchange Commission through a no-action letter which allows the firm to offer marketing road shows via the Internet. The company will offer videotaping services for live marketing presentations of investment banks and place them on the Internet where they may be viewed free of charge. However, SEC regulations prohibit downloading of the show.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1997
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