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Thursday, May 19, 2022

Tag: tax rate

Taxation

Super Bowl sports betting winnings ‘are subject to tax’, tax expert says

Lloyd L. Torres February 10, 2022

Susan Allen, Senior Director of the American Institute of Certified Public Accountants, speaks with Yahoo Finance Live to talk about the likelihood of sports betting and gambling winnings being subject … Read More

tax rate
Taxation

Crypto Tax: NFTs Should Not Be Associated With Cryptocurrencies For Taxation, Exchanges Say

Lloyd L. Torres February 9, 2022

Mumbai: The non-fungible token (NFT) community has said that the government is being unfair to the new digital asset class by bundling it with cryptocurrencies in the recently announced digital … Read More

capital gainslong termtax rateunited states
Taxation

Budget Crypto News: From Crypto Taxation to Rising 80C Limit, What the Market Wants from Budget

Lloyd L. Torres January 30, 2022

As Finance Minister Nirmala Sitharaman presents her fourth Union budget on February 1, all eyes will be on how the government balances populist measures while walking the tightrope of fiscal … Read More

capital gainslong termtax rate
Taxation

Budget 2022 wish list: 5 personal tax measures that individuals want

Lloyd L. Torres January 28, 2022

By Dr Suresh Surana The Union Budget 2022 comes at a crucial time for the Indian economy and taxpayers. Covid 19 has resulted in job loss or income erosion for … Read More

capital gainsincome taxlong termtax rate
Taxation

Union Budget 2022: India Inc’s Tax Wish List

Lloyd L. Torres January 18, 2022

In his first year as finance minister, Nirmala Sitharaman launched a bold tax reform, lowering corporate income tax to 25% and a very competitive 15% tax rate for new manufacturing. … Read More

capital gainscovid pandemicincome taxlong termtax rate
Taxation

Tax Foundation: Taxation plays a direct and indirect role in population displacement in 2021 | New Jersey News

Lloyd L. Torres January 17, 2022

(The Center Square) — As more Americans move to lower-taxed Republican-led states, a new report from the Tax Foundation indicates that tax levels play a direct and indirect role as … Read More

income taxtax rateunited states
Taxation

Tax Foundation: Taxation plays a direct and indirect role in population displacement in 2021 | Nation

Lloyd L. Torres January 17, 2022

(The Center Square) — As more Americans move to lower-taxed Republican-led states, a new report from the Tax Foundation indicates that tax levels play a direct and indirect role as … Read More

income taxtax rateunited states
Taxation

Retail investors can watch out for these changes in equity, taxation of debt in the budget

Lloyd L. Torres January 17, 2022

NEW DELHI: The majority of a dozen brokerages surveyed by ETMarkets.com believe a major tax tightening on the equity side is unlikely in the next budget, although small changes cannot … Read More

capital gainslong termtax rate
Taxation

Japan’s tax regime is driving crypto firms out of the country

Lloyd L. Torres December 27, 2021

Japan’s tax regime is driving crypto firms out of the country Japan’s recently approved tax plan could have a negative impact on the country’s crypto sector. Japan’s recently approved tax … Read More

income taxtax rate
Taxation

Minimum Corporate Taxation – Explained – Modern Diplomacy

Lloyd L. Torres December 24, 2021

What has the European Commission proposed? The European Commission has proposed a directive to ensure an overall minimum effective tax rate of 15% for large groups operating in the European … Read More

income taxtax rate
Taxation

EU fights tax ‘race to the bottom’ with 15% tax rate for large companies | European Union

Lloyd L. Torres December 22, 2021

The EU has taken a first step by setting a minimum corporate tax of 15% for multinationals, in line with a global agreement reached earlier this year, as the White … Read More

tax rateunited states
Taxation

South Korea Postpones Crypto Tax Plan to 2023

Lloyd L. Torres December 1, 2021

The planned taxation on digital asset gains in South Korea has been delayed by the country’s legislature. Representatives of the National Assembly’s tax subcommittee have agreed to postpone the tax … Read More

capital gainstax rate
Taxation

Double standards of rich countries in terms of taxation

Lloyd L. Torres November 18, 2021

G20 leaders say – with much complacency – that they are tackling the global problem of tax abuse, which robs governments of $483 billion every year. But if the G20 … Read More

covid pandemicpublic healthtax rate
Taxation

Michael Hicks: Time to be honest about debt, spending and taxes | Opinion

Lloyd L. Torres November 16, 2021

The US Congress is turning its attention to a bill called the Build it Back Better (BBB) ​​bill. Now is a good time to think critically about the political economy … Read More

income taxlong termtax rateunited states
Taxation

Double standards of rich countries in terms of taxation by José Antonio Ocampo

Lloyd L. Torres November 16, 2021

G20 leaders say – with much complacency – that they are tackling the global problem of tax abuse, which robs governments of $483 billion every year. But if the G20 … Read More

covid pandemictax rate
Taxation

A fairer taxation | Reviews | dailyitem.com

Lloyd L. Torres November 9, 2021

The 16th Amendment to the United States Constitution gives Congress the power to levy graduated taxes on all kinds of income, including corporate profits. During President Eisenhower’s tenure, the lowest … Read More

income taxtax rateunited states
Taxation

Proposed global minimum tax could create double taxation for some insurers: AM Best

Lloyd L. Torres October 27, 2021

Given accounting differences between global insurance companies in different jurisdictions, a new global minimum tax on certain multinational corporations creates the potential for double taxation for some insurance companies, according … Read More

tax rate
Taxation

Digital taxation: impact and challenges

Lloyd L. Torres October 26, 2021

The web economy, particularly digitalization and e-commerce, has boosted the global economy by increasing productivity, encouraging innovation and improving consumer experiences. The Covid-19 pandemic and subsequent lockdowns have led to … Read More

covid pandemicincome taxtax rate
Taxation

Tax in the digital world

Lloyd L. Torres October 23, 2021

Saturday, October 23, 2021 On October 8, 2021, the OECD released a new statement regarding the BEPS 2.0 proposals, aimed at tackling the taxation of the modern digital economy. It … Read More

tax rateunited states
Taxation

Tax challenges

Lloyd L. Torres October 22, 2021

The great American jurist Oliver Wendell Holmes Jr., Justice of the Supreme Court of the United States from 1902 to 1932, wrote: “I like paying taxes. With them, I buy … Read More

income taxtax rateunited states
Environmental issues

Boat ramps, tax hikes, elections and environmental issues top commissioners’ agenda

Lloyd L. Torres August 25, 2021

Historic Comal County Courthouse in New Braunfels. Public hearing on tax increase A public hearing is also scheduled for Thursday on Comal County’s 2021 tax increase to fund the county’s … Read More

public healthtax rate

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