Word: ownership
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Dates: during 1970-1979
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...Tripoli believe that the firms did submit vaguely worded takeover proposals before the deadline. Nervous Americans, faced with the peculiar task of proposing terms for their own buyout, complained privately that they did not know exactly what Gaddafi meant by "100% control." At minimum, Gaddafi might settle for part ownership of their assets and the appointment of Libyan nationals as chief executives. At the extreme, he will push for complete nationalization...
...sell it quickly at a big markup. The highest capital gains tax is a whopping 60%, to be paid by speculators who make more than 200% profit on land held less than a year. Lower capital gains rates vary with the amount of profit and the length of ownership. People who sell their land after six years, for example, will pay no capital gains...
...years later, Beebe assumed control of the firm until Graham's widow and the Post Co.'s principal stockholder, Katharine Meyer Graham, was able to take charge. A shrewd businessman and sensitive employer, Beebe guided the company's expansion into television, book publishing and part ownership of the international Herald Tribune...
...rules would allow foreign investors starting new businesses in Japan to provide all the capital for them except in 22 industries. Of these, five that are considered especially vital to the Japanese economy-including munitions, leather and large-scale retailing-would be kept permanently off-limits to majority foreign ownership. The other 17 industries, among them clothing, computer, pharmaceutical and camera-film manufacturing, would be opened to 100% outside ownership within the next three years-though some investments would still be subject to government review. The council also urged that investors be free to buy as much stock as they...
Just how much U.S. investment might be attracted by the new rules is problematical. Full-ownership opportunities will be delayed in some of the industries that Americans are most eager to enter. For example, American film manufacturers will not be able to run wholly owned subsidiaries in Japan until 1976. The permanent ban on big retail chains that are not half-owned by Japanese was a sharp disappointment to U.S. businessmen, who have long grumbled that Japanese retailers deliberately fail to promote American goods...