This is often referred to as double taxation. To avoid double taxation, some corporations elect to be taxed as an S-corporation. With an S-corp, profits pass through to the shareholders ...

Observing “national and international ramifications in the case,” the Bombay High Court last week directed the zonal director of CBI to form a Special Investigation Team (SIT) to conduct a thorough ...

Fox’s Sunday-afternoon football games and Fox News host Jesse Watters may soon have a new digital home. Fox Corporation expects to launch a new stand-alone subscription-based streaming service ...

Company projections suggest millions in severance-related costs this quarter. The cuts would follow multiple rounds of prior layoffs. More layoffs are looming for VF Corp. or its brands within two ...

Sony Corp. is shaking up its leadership ranks in Tokyo and San Mateo, elevating Hiroki Totoki to the top CEO post while Hideaki Nishino takes the reins of Sony Interactive Entertainment as the ...

Sridhar Vembu, co-founder and CEO of Chennai-based cloud services company Zoho, is stepping down after a long tenure as chief executive officer. Vembu will transition to the role of Chief Scientist, ...