Twelve months ago, the treasury team at Gilead Sciences, Inc., a fast-growing biopharmaceutical business that develops and produces treatments for some of the world’s deadliest diseases, faced some critical challenges. The company brings in close to $10 billion in annual revenue through operations in more than 30 countries. Yet its small treasury staff was spending more time on transaction processing than on analysis, and manual data entry put the company at risk for errors.
Despite the intangible in its name, the levy applies broadly to income.
The office of Secretary of State Alex Padilla began accepting applications for marijuana-related trademarks earlier this month.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
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