transactions

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Corporation (NASDAQ: SBUX) reported financial results for its 13-week fiscal second quarter ended March 29, 2020. The retailer of specialty coffee worldwide reported global comparable store sales declined 10%, driven by a 13% decrease in c..

Bitcoin and Tax

Bitcoin and Tax

Bitcoin may have a supposed anonymity but not to the tax official. From April, anyone who bought and then sold cryptocurrencies like Bitcoin must report any profits on their respective federal tax returns. This is a valid demand since the value of B..

Merrill Lynch fined $45 million for failure to report transactions

Merrill Lynch fined $45 million for failure to report transactions

The Financial Conduct Authority (FCA) has fined Bank of America (NYSE: BAC) Merrill Lynch £34.5 million ($45.5 million) for failure to report its transactions.The FCA said the bank had failed to report exchanged traded derivative tra..