MONTREAL (AP) — MONTREAL (AP) — OR Royalties Inc. (OR) on Wednesday reported third-quarter net income of $82.8 million. The Montreal-based company said it had net income of 44 cents per share.
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ROYALTIES are generally considered passive income. Thus, royalties earned by an individual citizen or domestic corporation are generally subject to a 20-percent final withholding tax. The rate is ...
Spotify has reportedly agreed to pay $21 million to cover unpaid royalties. The music streaming giant has struck up a deal with the National Music Publishers Association (NMPA) to compensate ...