Underwriter charges Corporation $100,000 for its services in marketing $1,000,000 of Corporations bonds (or alternatively 1,000 shares
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Underwriter charges Corporation $100,000 for its services in marketing $1,000,000 of Corporation’s bonds (or alternatively 1,000 shares of Corporation’s stock). Should the underwriting fee be subject to VAT? Any special problems? How would you handle “bought deals” and “swaps” where underwriting costs are built into the transaction price?
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Related Book For
Value Added Tax A Comparative Approach
ISBN: 9780521616560
1st Edition
Authors: Alan Schenk, Oliver Oldman
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