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New York State recently issued final corporate franchise tax regulations for sourcing income (the "Regulations"), including specific sourcing rules for service fees paid by passive investment customers ("PICs") to investment managers operating in corporate form.
Layne's Chicken Fingers, a Texas-based chicken franchise known for crispy tenders, is entering Wyoming with its first location planned for Cheyenne, according to a press release. The franchise agreement was signed with Michael Hickerson, a longtime Layne's fan who worked…
New York Fries opened last month in the Newport Centre Mall in Jersey City, its third restaurant to open in the U.S. over the last three months. New York Fries, operated under Recipe Restaurant Group, features freshly cut fries, made…
Vicious Biscuit, a Charleston-based breakfast concept known for its biscuit creations, will open its seventh corporate location on May 4 in Columbia, South Carolina. The 3,250-square-foot restaurant, located at 3246 Forest Drive in Forest Acres, will feature biscuit sandwiches, all-day…
Brix Holdings, which owns Friendly's, Red Mango and Orange Leaf, is acquiring all assets of Clean Juice, a USDA-certified organic juice bar franchise with over 75 locations. Financial details were not disclosed, but the deal should wrap up within a…