Financial Resource

That omission translates to a figure somewhere near 5 billion in taxes owed to the U.S. Treasury Department. With a budget deficit in the trillions and rising, the IRS is expected to increase its ...

Companies not paying on time .................. do so for two main reasons. a) they have severe cash flow problems and b) they use their customers as an interest free loan. Trade credit is ...

It now seems highly likely that a new Directive dealing with the late payment of commercial debts will shortly be approved.  It has already got the green light from The European Parliament.   As a new Directive, it will replace the existing Late Payments ...