Missed out on yesterday’s financial fix? Fortunately for you CFO has you covered with the Daily Roundup…
China Corporate Debt Growth Seen as High Risk
S&P estimates that China’s corporate debt pile, now at 160% of GDP, will climb 77% to $28.8 trillion over the next five years.
Should Online Retailers Be Required to Collect State Taxes?
Congress has made it more likely than it has been in 50 years that out-of-state retailers will be forced to collect taxes in states where they don’t have a physical presence.
>> CFO Staff
Sales Tax Bills Need to Curb Collection Burdens
States should be able to require remote sellers to collect sales taxes only if the seller’s burden is minimal, says attorney Arthur R. Rosen.
Don’t Let States Make Outside Retailers Collect Sales Taxes
Physical presence is still the best rule for allowing states to require tax collection by retailers, according to Rick Smith, president of Chef’s Resources.
>> Rick Smith
Let States Mandate Tax Collection by Out-of-State Retailers
Whether you’re running the government or a business you need to be able to project a revenue stream, says Thomas Secor, president of Durable Corporation.
Chaffetz Internet Sales Tax Bill is Too Costly and Complex
Sales tax collection shouldn’t favor big box stores over small businesses, says Steve DelBianco, executive director of NetChoice.
Solar Firm Turns on a Dime After Investment Infusion
Bankrupt in 2013, Conergy is feeling sunny again after bringing in fresh capital and reinventing its business model.
>> David McCann
Fed Faults Chinese Banking Giant Over Compliance
China Construction Bank’s first branch in North America is ordered to improve its anti-money laundering practices.
First Data Goes Back to Public Markets
The KKR-owned payments processor hasn’t been profitable since its buyout a decade ago.
Loans to Energy Companies Deteriorating
Sustained low energy prices have financial institutions worried about the oil and gas loans on their books.
Fed to Apply New Rules to Slimmer GE Capital
As GE sells off pieces of its banking unit, it will be required to comply with rules for nonbank systemically important financial institutions.
SunEdison to Acquire Solar Panel Firm for $2.2B
SunEdison’s bid represents a 51% premium to Vivint Solar’s closing price last Friday.
CFO’s Daily Roundup: July 20, 2015
A collection of CFO.com’s articles and stories published on July 20, 2015.
>> Kerry Maruna
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