An unexpected development in this year’s budget was the proposal to tax share buyback income. Finance minister Nirmala Sitharaman proposed that income received on share buybacks should be taxed for the recipients. “It is proposed that the income from buyback of shares by companies be chargeable in the hands of […]
cash flow
(Bloomberg) — StubHub had $350 million in earnings before interest, taxes, depreciation and amortization for the year ending in March, as the ticket seller prepares for a planned US initial public offering, according to a person familiar with the matter. The operator of ticketing resale platforms StubHub and Viagogo saw […]