Colombia court strikes down ban on deducting royalties from tax income

Colombia court strikes down ban on deducting royalties from tax income By Reuters – Canada Boosts

BOGOTA (Reuters) -Colombia’s Constitutional Court docket has struck down a part of a legislation that prohibited extractive corporations from deducting royalties paid to the federal government from their taxable revenue, benefiting companies and dealing a blow to authorities funds. The rule was included in a tax reform from the federal government of leftist President Gustavo…

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TD SYNNEX report shows surge in AI and cybersecurity focus

Compass Minerals reports turnaround with $15.5 million net income By Investing.com – Canada Boosts

© Reuters. OVERLAND PARK, KS – Compass Minerals Worldwide, Inc. (NYSE:) has reported a major monetary restoration for fiscal 2023, with a web earnings of $15.5 million, rebounding from the earlier 12 months’s web loss. The corporate’s adjusted EBITDA additionally climbed by 7% to $200.8 million, regardless of decreased gross sales volumes in each its…

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