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BP Trading accounted for 10% of gold exports in 2019 and 2020, having purchased it from companies prosecuted for buying illegal product. Augusto Vidigal, founder and former partner of the company, was the creator of Banco Paulista, targeted by the Car Wash Operation for money laundering.
Share: IRS decision allows financial professionals to streamline the use of annuities in their practices Security Benefit today announced that it has received a favorable private letter ruling (PLR) from the Internal Revenue Service (IRS) that payment of certain investment advisory fees from an annuity contract are not treated as a taxable event by the contract owner. This provides financial professionals and their clients with greater flexibility to incorporate non-qualified fee-based annuities in their portfolios. "We are pleased to receive this favorable treatment from the IRS for our alre...