Posts tagged as: state

New York Attorney General Eric Schniederman files lawsuit against Sprint Nextel for failing to pay taxes – Part 1

New York Attorney General Eric Schniederman filed a lawsuit against Sprint Nextel in New York for the allegedly unpaid sales taxes to the State and the city. The Attorney General followed the whistleblower lawsuit filed in March, 2012 against the cellphone carriers. According to Schniederman, Sprint failed to report the collection and payment of sales […]

New York Attorney General Eric Schniederman files lawsuit against Sprint Nextel for failing to pay taxes – Part 2

“This complaint is without merit and Sprint categorically denies the complaint’s allegations,” the company said in a statement. “We have collected and paid over to New York every penny of sales taxes on mobile wireless services that we believe our customers owe under New York state law. “With this lawsuit, the Attorney General’s office is […]

The real estate business in the corporate world – Part 1

The realty business is starting to take big strides in the US and one of main contenders to make big bucks by entering the corporate world is Empire State Realty Trust, which owns the largest building in New York, the Empire State Building. However, there are certain constraints by which they have to live. First […]

The real estate business in the corporate world – Part 2

Many of these trusts hold international properties and stakes scattered across the United States. Together, Empire State Realty manages 7.7 million square feet of space, including 5.8 million in Manhattan. 79.9% of its New York space is currently leased. The trust also has the option to acquire two more Manhattan properties, adding another 1.4 million […]

The real estate business in the corporate world – Part 3

In 2006, the Malkins assumed day to day control of the Empire State Building and embarked on a $500 million renovation, which will continue past the public offering. The trust expects the Empire State Building makeover to “substantially” finish by 2016, after a further investment of $55 to $65 million funded by cash flow and […]

Respect your country; it’s not a failed state at all

Respect your country; it’s not a failed state at all The only fault which lies with the people of Pakistan is that they don’t assert their power to get rid of the corruption-oriented leaders in the parliament. If they just once behead the corrupt leaders and their acolytes, no one will ever dare again to […]

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