On August 3, @SHRMNextchat chatted with Matt Stollak @akabruno about Transitioning to a Career in HR. In case you missed this information-packed chat filled with great tips and advice, you can read all the tweets here: [View the story “#Nextchat RECAP: Transitioning to a Career in HR” on Storify] [View the story “#NextchatRECAP: Transitioning to a Career in HR” on Storify]
A taxpayer’s provision of portal and trusted identity framework services are subject to New York sales tax under Tax Law §1105(c)(8) as protective services and should be sourced based on the location where the protected data resides, but its messaging and supplier connection services are not subject to sales tax. The taxpayer’s portal and trusted identity framework services perform a gatekeeper function for customers by ensuring that only authorized users gain access to the customer’s on-line resources. Thus, the crux of these services is the security function of verifying that persons seeking access to on-line resources are authorized to have that access. These electronic gatekeeper services qualify as protective services for purposes of Tax Law §1105(c)(8) because they prevent unauthorized persons from gaining access to its customers’ confidential data. Protective services are provided in New York (i.e., “sourced” to New York) if the property being protected is located in New York. Thus, to the extent that the data being protected is located in New York (e.g., resides on servers in New York), then the taxpayer is providing a protective service in New York. If the protected data is located both inside New York and outside New York, the taxpayer should collect tax only with respect to the data located in New York. In making the determination of where its protective services are being provided, the taxpayer may rely on a letter from the customer indicating the taxing jurisdiction(s) where the protected data is located, absent a showing of fraud or knowledge on the part of the taxpayer that the contents of the letter are untrue. Such a letter must be signed by the customer (or the appropriate employee or officer) and contain a statement acknowledging that it is being furnished for the purpose of allowing the taxpayer to determine the appropriate amount of New York state and local sales and use taxes due. The taxpayer must keep the letters furnished by its customers as part of its sales tax records, and be able to associate each letter with related sales, for at least three years after the date of the last sale to which the letter relates. The customer is required to update the letter if there is a change in where the services are being provided.However, the taxpayer’s messaging and supplier connection services are not subject to sales tax. The messaging and supplier connection services provide a central data messaging hub that routes business messages or data between business partner members of the service, who must provide their own telecommunication connections to the hub. These services are nontaxable bridging services. Thus, the taxpayer’s fees for setting up the relationship between trading partners and maintaining those relationships, as well as its mailbox set up and maintenance fees, are not taxable. In addition, the taxpayer’s charges for its mapping services are not taxable, as they constitute data processing charges.TSB-A-16(20)S, New York Commissioner of Taxation and Finance, May 27, 2016, ¶408-782
Heading out of the city? Then try these places. PuneChef Cheeru and Praful ChandavarkarMalaka SpiceWalk in to Malaka Spice, Pune’s first standalone Pan-Asian restaurant, which dishes out cuisine from the far east countries. The stylish yet cosy restaurant doubles up as an art gallery for upcoming artists. It also has,Heading out of the city? Then try these places.PuneChef Cheeru and Praful ChandavarkarMalaka SpiceWalk in to Malaka Spice, Pune’s first standalone Pan-Asian restaurant, which dishes out cuisine from the far east countries. The stylish yet cosy restaurant doubles up as an art gallery for upcoming artists. It also has a store that sells T-shirts, lamps and bric-a-brac. Meal for two: Rs 2,000 inclusive of taxes.Where: Lane 5, Koregaon Park.Tel: 09823064050.Owner Damayanti Raje Bhosale at AraliyaAraliyaThe store has more than 50 designers on board offering styles for various occasions and prices. Located at Koregaon Park, Araliya also hosts art exhibitions, music launches, wine soirees and soon plans to start poetry reading sessions. Cost: Leggings for Rs 4,500, top with mythological motifs for Rs 5,500 and mesh earrings for Rs 1,400.Where: Lane No 5, Koregaon Park.Tel: 020-65007535.BangaloreAuthor AnitaNair, musician Stanley Pinto with chef Abhijit Saha at CaperberryCaperberryPick any spot and get comfortable at Caperberry. The cosy restaurant serves modern European cuisine. During lunch besides a la carte options Caperberry serves three course executive meals comprising salads, soups and desserts. Meal for two: Rs 1,000 plus taxes.Where: 48/1, Ground Floor, The Estate, 121, Dickenson Road, Bangalore -560042.Tel: 080-25594567; www.caperberry.in Radhika Poddar at CinnamonCinnamonGo to Cinnamon to witness a slice of India. The store owned by Radhika Poddar houses handwoven saris, home decor products and contemporary jewellery. Don’t miss reversible silk saris from Varanasi, scented candles from Kerala and bidri work (a specialised metal handcraft craft) from Andhra Pradesh. Cost: Rs 100 for candles in coconut shells to Rs 25,000 for a sari.Where: 11 Walton Road, Off Lavelle Road.Tel: 080 22212426. MumbaiadvertisementFashion designer Pria Kataria Puri undergoing amarine plant stem facialMyrahIf you are looking for Asian spa treatments, Myrah is a destination. Located at Juhu, the luxury day spa offers Balinese, Thai and Chinese treatments, among others. Don’t miss their signature therapy, royal hibiscus, and caviar body envelopment, a full body wrap that tones the skin. Cost: Treatments range between Rs 1,000 to Rs 9,000 plus taxes.Where: 11 Palm Spring Society Behind Shoppers Stop, Juhu. Tel: 022 26253963; www.myrahspa.com Mora TaaraWhen you enter Mora Taara you are greeted by a pleasant clutter of home decor items like a sleeping elephant and a baby Buddha made out of sandstone. This home accessories and gifts store sources products from China, Thailand and even Mexico: like a cat statue made of resin. Cost: Rs 100 for an ivory candle and Rs 1,00,000 for a drift wood table.Where: G-6 Maini mansion, Peddar Road.Tel: 022-65754822; [email protected] PunjabAmrinder Singh Chopra, CEO of The Kikar LodgeThe Kikar LodgeNestled in the foothills of the Shivaliks, Kikar Lodge is spread over 1,800 acres of forest. This private forest reserve is around 70 kms from Chandigarh via Mohali and Ropar. Besides watching wild animals and birds in their natural habitat, guests interested in adventure sports can try rappelling, quad biking and zip lining. Where: Village Kangar, Nurpur Bedi District Ropar Tel: 09478964971; www.thekikarlodge.comHyderabadNagarjuna at NN Give a break to desi ghee and head to star Akkikneni Nagarjuna’s restaurant N for a meal cooked in minimal butter or oil. This Hyderabad restaurant offers a mix of Italian, Mediterranean and Thai. Fresh salads are a good option for vegetarians. Others can relish N signatures like rock shrimp tempura and beef steak tenderloin with porcini mushroom sauce.Meal for two: Rs 2,500 plus taxes. Where: Road No 36, Jubille Hills.Tel: 040-20012009. KolkataByLoom Handmade explains ByLoom best. The colourful handwoven saris from the inhouse label Bailou, designed by Bappaditya Biswas, 39, and his wife Rumi, 38, have already made a name for themselves in the city. Bailou loyalists include Amitav Ghosh, Aparna Sen, Kirron Kher and Amit Chaudhuri. Cost: Handmade soaps for Rs 45 to Bailou’s saris for Rs 40,000 plus taxes.Where: 58 B Hindustan Park. Tel: 033 24198727.
“We have determined as a Government and as a Ministry that we want to put renewed emphasis and interest on Jamaica Day… . What we really want to do, and we have started over the past two years, is to raise the profile and get into the psyche of everybody that this is an important day on the schools’ calendar,” he said. “The next step is to ensure that it is an important day on the nation’s calendar. And what we want to see, and it is something that we still be pushing for next year, is to see more ministries coming on board,” he added. Minister of State in the Ministry of Education, Youth and Information, Hon. Floyd Green, says the Government is looking to make the annual Jamaica Day celebration a key event on the national activities calendar.He said the Ministry wants to have a wider cross section of ministries, as well as the members of the private sector, embracing the day.“We have determined as a Government and as a Ministry that we want to put renewed emphasis and interest on Jamaica Day… . What we really want to do, and we have started over the past two years, is to raise the profile and get into the psyche of everybody that this is an important day on the schools’ calendar,” he said.Mr. Green was speaking with JIS News following the opening ceremony for the national Jamaica Day celebrations held on Friday, February 23 at Munro College in St. Elizabeth under the theme ‘Celebrating Jamaica: Nurturing our Cultural and Natural Heritage’.He said that the successful staging of the day was due, in part, to the renewed emphasis that the Government has placed on the cultural event.“The next step is to ensure that it is an important day on the nation’s calendar. And what we want to see, and it is something that we still be pushing for next year, is to see more ministries coming on board,” he added.The State Minister said the commemoration of Jamaica Day is tremendously important for students, as it serves to remind them “about the greatness of the country that they are a part of, to generate patriotism and to reflect on some of the great achievements and how we can use those achievements to move us forward”.The Jamaica Day activities at Munro included a parade by members of the Jamaica Combined Cadet Force (JCCF), performances by the Munro College Band, the Hampton School Steel Band, Edna Manley College of the Visual and Performing Arts, reading of the Jamaica Day Proclamation as well as the symbolic passing of the baton from last year’s hosts, Green Island High School, to Munro.Scores of students from infant, primary and high schools across St. Elizabeth and other parishes attended the event, which also featured an exciting car show, heritage tours, cultural display, food booths, a student cook-off and an afternoon cultural concert.“Munro has gone all out to ensure they have a first-class production and we are happy that the private sector has come on board. Clearly, this is a joint initiative between ourselves and the Ministry of Culture (Gender, Entertainment and Sport), and we are happy that we are taking that approach,” Mr. Green said.“I was very confident that this brand of excellence they (Munro) have brought to the Jamaica Day celebrations would help us on our mission to raise the profile of the event,” he added.Headmaster of Munro College, Mark Smith, commended the ministries, staff members, parents, students and the private sector, who, he said, gave full support to the planning and execution of the activities.“We really have been having a day that showcases the best of Jamaica. I often say that irrespective of the problems that we have as a country, the best of Jamaica is still something that we see being demonstrated every day in our schools, and an event like Jamaica Day helps to lay that out and underscore the value of that,” Mr. Smith said. Story Highlights Minister of State in the Ministry of Education, Youth and Information, Hon. Floyd Green, says the Government is looking to make the annual Jamaica Day celebration a key event on the national activities calendar.
zoom Due to a further increase in risk provisioning for ship finance, the German shipping bank Norddeutsche Landesbank (Nord/LB) concluded the first nine months of financial year 2016 with a consolidated loss before taxes of EUR 624 million (USD 659.3 million).Namely, the bank is reacting to the further intensification of the global shipping crisis over the course of this year and responding to the lower forecasts from all relevant institutions.A disproportionately high share of the risk provisioning is due to ship finance provided by Bremer Landesbank (BLB), which will become a 100% subsidiary of Nord/LB at the turn of the year.Risk provisioning is expected to be above average in the fourth quarter, Nord/LB said, adding that it will likely come in considerably above EUR 2 billion for 2016 as a whole.In accordance with current estimates, the annual loss is expected to be over EUR 1 billion.With the risk provisioning measures, Nord/LB is once again implementing a substantial increase in coverage for risks from ship finance. This lays the foundations for the further reduction of its ship finance portfolio as well as for a positive earnings performance in 2017 and onwards.Earlier this year, Nord/LB had already made the decision to cut its ship finance portfolio from EUR 19 billion. The bank aims to reduce the size of its portfolio to between EUR 12 and EUR 14 billion by the end of 2018.Over the first three quarters of 2016, the portfolio had already been scaled back by almost EUR 2 billion. As further measures for scaling back the portfolio are in preparation, Nord/LB said it expects its ship finance portfolio to stand at around EUR 16 billion by the end of 2016.With the exception of ship finance, all of Nord/LB’s business segments remained very profitable in the first three quarters of 2016.“For reasons of caution, we also plan increased risk provisioning for ship finance for subsequent years,” Gunter Dunkel, CEO of Nord/LB, said, adding that the bank’s aim again here “is to generate significant profit in 2017 and in subsequent years.”