McVitie's shop floor roles redundant at their Manchester manufacturing facility. This redundancy announcement was also due to the modernisation agenda of the company and also involves a move from an 8-hour 5 day operation, to a 12-hour 7 day operation. In November 2014 United Biscuits, and hence also McVitie's, became owned by Turkish company Yildiz which in 2016 grouped some of its subsidiaries including United Biscuits as pladis (see United Biscuits). McVitie's McVitie's is a British snack food brand owned by United Biscuits. The name derives from the original Scottish biscuit maker, McVitie & Price, Ltd., established in 1830 on Rose
Permanent S Corporation Built-in Gains Recognition Period Act of 2014 and to make such reduction permanent. "This summary is based largely on the summary provided by the Congressional Budget Office, as ordered reported by the House Committee on Ways and Means on April 29, 2014. This is a public domain source." H.R. 4453 would amend the Internal Revenue Code to make permanent a five-year recognition period for built-in gains of S corporations, retroactive to January 1, 2014. Under current law, a corporation that meets certain requirements may elect to be taxed as an S corporation, which generally pays no corporate-level tax, unlike a C corporation. For corporations that convert from