Shareholders also gave management authorization for two bond issues worth a total of 150 billion pesetas, as well as a reduction of capital by 2 . 4 percent, through cancellation of treasury stock.
12.
It held that money can be ordered to be returned if a sum paid to a director is in substance a reduction of capital, because the amounts cannot seriously be regarded as remuneration.
13.
Only one tax break became effective last year, a reduction of capital gains rates on the sale of stocks, art and other assets that have increased in value and are owned primarily by the affluent.
14.
Consider the Rhode Island businessman who sold some real estate to celebrate the reduction of capital gains taxes in the Taxpayer Relief Act of 1997, the landmark tax legislation signed by President Clinton early this month.
15.
"' Capital impairment "'is the case when the company lost its asset, so the asset is lower than the stock of a company . some way to avoid capital impairment is reduction of capital without any compensation.
16.
"There are many examples that could be used in other parts of the region, such as Kyrgyzstan's suspension of the death penalty and its reduction of capital crimes, which are hopeful signs leading toward its total eradication,"
17.
With pragmatic common sense, the Americans presented themselves with a reduction of capital taxes to keep their economy on the upswing; in Germany, a tax reform that would have offered a realistic chance to the unemployed has collapsed on ideological divisions.
18.
While details of the plan are still being finalized, it is anticipated that approximately A $ 700 million will be in the form of a reduction of capital and approximately A $ 150 million will be in the form of a fully-franked special dividend,
19.
In his appeal ! 1 / 6049 to the General Director of the Federal Service for Bankruptcy Proceedings Peter Mostovoy, Chub asks to write off, through the reduction of capital surplus, specific fixed assets and objects under construction of Atommash OJSC for an amount of 878 billion rubles.
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