In the end of September, it
was announced that a Canadian giant
“Thompson Corporation” had purchased a Barcelona-based company
“Prous Science”. The price of the purchase was not disclosed.Prous Science is a strong Spanish company, which supplies life sciences to both professional and business customers from all over the world. It was established in 1958, and has provided scientists with information on drug development and drug innovations ever since. Its web portal contains data on over 265,000 biologically active compounds and almost 100,00 records about family patents. Currently, the staff of Prous Science exceeds 180 employees. Within the Canadian corporation, Prous Science will become a part of the huge electronic media company
“Thomson Scientific”.
Thompson Corp., ...
Corporate tax stands for a tax imposed on the corporate profits, and it can greatly vary between jurisdictions. The system of corporate taxation is very complex, and there are certain advantages and disadvantages for an individual taxpayer who decides to incorporate his business. The main advantage is that a shareholder can leave the funds in the corporation and use them as a vehicle of investment, thus avoiding some taxes until a later date. However, if losses are experienced, which usually happens when the business if young, a taxpayer is better off if the business in not incorporated so that the losses cannot be applied directly against personal income.In the U.S., although the federal corporate rate accounts to 35%, the “check the box” system, which was ...
