Fuel levy and lights and water increases could cover R25 billion-plus tax shortfall

Fuel levy and lights and water increases could cover R25 billion-plus tax shortfall
The sugar tax, carbon tax, the NHI and a wealth tax are all expected to be clarified by finance minister Malusi Gigaba’s mid-term budget speech (MTBPS) next week. This is according to a report released by Deloitte this week, which speculated that …
Fuel levy and lights and water increases could cover R25 billion-plus tax shortfall

Philadelphia Controller Claims Soda Tax Affects Employers Pocket

Philadelphia Controller Claims Soda Tax Affects Employers Pocket
Taxing products whose overconsumption poses a risk to human health not only sounds reasonable but also urgent. To create such taxes in order to finance public policies such as Pre-K programs or the maintenance of public spaces such as parks and bookstores …
Philadelphia Controller Claims Soda Tax Affects Employers Pocket

Starting Nov. 1, Airbnb will collect 9% meals and rental tax for NH

Starting Nov. 1, Airbnb will collect 9% meals and rental tax for NH
Airbnb has agreed to collect the state’s 9 percent meals and rental tax at the time someone books on its website, guaranteeing the state will receive more money. “We hope it will eliminate any confusion that might have arisen in the past,” Airbnb …
Starting Nov. 1, Airbnb will collect 9% meals and rental tax for NH

U.S. Budget Deficit Swells, Adding Wrinkle to G.O.P. Push for Tax Cut

U.S. Budget Deficit Swells, Adding Wrinkle to G.O.P. Push for Tax Cut
WASHINGTON — The United States has recorded its largest annual budget deficit in four years, highlighting the nation’s worsening fiscal trajectory as lawmakers consider a $1.5 trillion tax cut. A Treasury Department report released on Friday showed …
U.S. Budget Deficit Swells, Adding Wrinkle to G.O.P. Push for Tax Cut

Senate Budget a Major Step Toward Tax Reform, but Falls Short on Spending Reforms

Senate Budget a Major Step Toward Tax Reform, but Falls Short on Spending Reforms
Justin Bogie is a senior policy analyst in fiscal affairs at The Heritage Foundation. Adam Michel / @adamnmichel Adam Michel focuses on tax policy and the federal budget as a policy analyst in the Thomas A. Roe Institute for Economic Policy Studies at The …
Senate Budget a Major Step Toward Tax Reform, but Falls Short on Spending Reforms

Trump tax cut plan gains momentum

Trump tax cut plan gains momentum
President Donald Trump’s tax reform plans have won partial support when Republican US Senator Rand Paul said he was “all in” for massive tax cuts, but the party was still far from united over how to achieve the main item on its domestic agenda. Trump’s …
Trump tax cut plan gains momentum

Tax breaks on the way for electric bikes? Cyclists would be offered subsidies in new Government scheme

Tax breaks on the way for electric bikes? Cyclists would be offered subsidies in new Government scheme
Cyclists could be offered subsidies in a Government push to get people on their bike – but only if it’s electric. Electric bikes, or ‘e-bikes’, have a small electric motor that can provide a boost to help cyclists get up hills. They are becoming …
Tax breaks on the way for electric bikes? Cyclists would be offered subsidies in new Government scheme

WA payroll tax: Gold industry revolts but big business goes quietly

WA payroll tax: Gold industry revolts but big business goes quietly
When WA Premier Mark McGowan fronted cameras to begin selling his Government’s first budget, he took an unusual step for a politician — admitting to broken promises and offering an apology. His expression of remorse related to two decisions, both of …
WA payroll tax: Gold industry revolts but big business goes quietly

Taking a tax avoidance Liberty

Taking a tax avoidance Liberty
HM Revenue and Customs has defeated a tax avoidance scheme used by the wealthy to reduce their tax bills, which the department expects to protect £325 million in unpaid tax. The decision on the scheme, known as Clavis Liberty Fund 1 Limited Partnership …
Taking a tax avoidance Liberty

Dow surges 165 points to record close on tax reform hopes, stunning GE comeback

Dow surges 165 points to record close on tax reform hopes, stunning GE comeback
The Senate approved a $4 trillion budget measure Thursday by a 51-49 vote. Rising expectations of lower corporate taxes have helped stocks rise to record highs recently. JPMorgan Chase shares hit an all-time high. GE’s stock rebounded sharply, erasing a 6 …
Dow surges 165 points to record close on tax reform hopes, stunning GE comeback

Harford's Glassman proposes property tax credits for long-time elderly residents, retired veterans

Harford's Glassman proposes property tax credits for long-time elderly residents, retired veterans
Harford County Executive Barry Glassman is proposing to give eligible elderly Harford County residents and retired veterans a significant discount on their annual property tax bills, according to legislation introduced Tuesday to the Harford County Council.
Harford's Glassman proposes property tax credits for long-time elderly residents, retired veterans

Trump tax cut plan gains momentum after U.S. budget vote

Trump tax cut plan gains momentum after U.S. budget vote
WASHINGTON (Reuters) – President Donald Trump’s tax reform plans won partial support on Friday when Republican U.S. Senator Rand Paul said he was “all in” for massive tax cuts, but the party was still far from united over how to achieve the main item on …
Trump tax cut plan gains momentum after U.S. budget vote

Meadows: Traders right to be optimistic about tax reform

Meadows: Traders right to be optimistic about tax reform
This is a rush transcript from “Your World,” October 20, 2017. This copy may not be in its final form and may be updated. NEIL CAVUTO, “YOUR WORLD” HOST: And what has that going is a budget that passed late last night out of the United States Senate.
Meadows: Traders right to be optimistic about tax reform

Republicans Passed a Budget Bill. What Does That Mean for Tax Overhaul?

Republicans Passed a Budget Bill. What Does That Mean for Tax Overhaul?
WASHINGTON — Congressional Republicans cleared an early hurdle on Thursday in their attempt to pass a major tax overhaul, after the Senate approved a budget resolution for the 2018 fiscal year. The vote sets the stage for what could be a wild ride of tax …
Republicans Passed a Budget Bill. What Does That Mean for Tax Overhaul?

Trump tax cuts gain momentum

Trump tax cuts gain momentum
President Donald Trump’s drive to overhaul the U.S. tax code cleared a critical hurdle when the Senate approved a budget blueprint for the 2018 fiscal year. Fred Katayama reports. President Donald Trump expressed optimism Friday over the prospects for …
Trump tax cuts gain momentum

Paul Ryan: House GOP will propose a new top tax rate for the rich

Paul Ryan: House GOP will propose a new top tax rate for the rich
NEW YORK (CNNMoney) – House Speaker Paul Ryan broke a bit of tax news Friday when he said that House Republicans plan to propose a new top income tax rate for high earners. That would be in addition to the 35% rate proposed in the recent tax framework …
Paul Ryan: House GOP will propose a new top tax rate for the rich

New law will allow US tax reforms without Democratic support

New law will allow US tax reforms without Democratic support
The Trump administration’s plan to reform the US tax system has received a significant boost as the Senate passed a budget law that will allow Republicans to pass tax reform without the need for Democratic support. In a closely-watched vote late on …
New law will allow US tax reforms without Democratic support

Opinion: The most important thing to get right about tax reform

Opinion: The most important thing to get right about tax reform
Tax reform is moving forward after the Senate on Thursday approved a budget resolution authorizing up to $1.5 trillion in new deficits over the next 10 years. This leaves a number of people uneasy about the nation’s finances, as it should after …
Opinion: The most important thing to get right about tax reform

Trump’s tax plan is a potential turning point for markets

Trump’s tax plan is a potential turning point for markets
The Trump administration has reached what could be a moment of truth, and so have the world’s capital markets. This week, the White House finally announced its long-awaited proposal for cutting US taxes. It is little more than an opening bid, which now …
Trump’s tax plan is a potential turning point for markets

Trump’s Tax Plan: What Happens Next

Trump’s Tax Plan: What Happens Next
WASHINGTON — Lawmakers are facing daunting hurdles and deadlines as they try to carry out President Donald Trump’s pledge to overhaul the nation’s tax system and cut rates. The Senate took a step in that direction on Thursday night when it narrowly …
Trump’s Tax Plan: What Happens Next

Dow soars 140 points on tax-reform hopes

Dow soars 140 points on tax-reform hopes
The Senate approved a $4 trillion budget measure Thursday by a 51-49 vote. Passing a budget unlocks reconciliation, which enables the GOP to pass a tax bill with a simple 51-vote majority in the Senate. Rising expectations of lower corporate taxes have …
Dow soars 140 points on tax-reform hopes

Trump tax cuts: A 'win' for the GOP, a disaster for the rest of us

Trump tax cuts: A 'win' for the GOP, a disaster for the rest of us
With the Senate’s passage of a budget framework on Thursday night, Republicans hope to enact a sweeping overhaul of the tax code by Christmas. What that “sweeping overhaul” entails, however, we don’t really know, except that it cannot possibly live …
Trump tax cuts: A 'win' for the GOP, a disaster for the rest of us

Hull reckons it’s so popular that it could soon start charging visitors a tourist tax for overnight stays

Hull reckons it’s so popular that it could soon start charging visitors a tourist tax for overnight stays
ROME, Amsterdam, Ibiza, Paris and… Hull. What do all of these cities have in common? Well if Hull has its way, it would join holiday royalty in charging a tourist tax to visitors. If Hull had its way, it would join holiday royalty like Paris in charging …
Hull reckons it’s so popular that it could soon start charging visitors a tourist tax for overnight stays

Larson Tax Relief Honored as Finalist for 2017 Denver/Boulder BBB Torch Award for Marketplace Trust – Large Business Category

Larson Tax Relief Honored as Finalist for 2017 Denver/Boulder BBB Torch Award for Marketplace Trust – Large Business Category
WESTMINSTER, Colo., Oct. 20, 2017 /PRNewswire/ — Larson Tax Relief, a national tax resolution firm, was honored as a finalist in the 2017 Large Business category for the Denver/Boulder BBB Torch Awards for Marketplace Trust. The BBB of Denver/Boulder …
Larson Tax Relief Honored as Finalist for 2017 Denver/Boulder BBB Torch Award for Marketplace Trust – Large Business Category

Trump tax cut plan gains momentum after budget vote

Trump tax cut plan gains momentum after budget vote
WASHINGTON (Reuters) – President Donald Trump’s tax reform plans won partial support on Friday when Republican U.S. Senator Rand Paul said he was “all in” for massive tax cuts, but the party was still far from united over how to achieve the main item …
Trump tax cut plan gains momentum after budget vote

Ryan says tax overhaul will include a bracket aimed at the wealthy

Ryan says tax overhaul will include a bracket aimed at the wealthy
House Speaker Paul D. Ryan said Friday that the Republican tax overhaul will include a fourth bracket for the wealthiest Americans at the insistence of President Trump to ensure that high earners don’t benefit more than the middle class. The bracket …
Ryan says tax overhaul will include a bracket aimed at the wealthy

No Tax Cuts Yet But $4 Trillion Budget Win Pushes GOP Closer

No Tax Cuts Yet But Trillion Budget Win Pushes GOP Closer
So, first things first: there have been no tax cuts. This does not mean there will not be tax cuts (in fact, I’m quite sure there will be) but the Senate vote yesterday didn’t make that happen. Here’s where we stand. The Senate is in the process of …
No Tax Cuts Yet But Trillion Budget Win Pushes GOP Closer

Sen. Rand Paul says he’s ‘all in’ on tax reform despite budget vote

Sen. Rand Paul says he’s ‘all in’ on tax reform despite budget vote
Sen. Rand Paul responded to a tweet from President Trump on Friday saying that he’s “all in” on tax reform, despite voting against the Senate budget plan. “I’m all in for tax cuts @realDonaldTrump. The biggest, boldest cuts possible – and soon!”
Sen. Rand Paul says he’s ‘all in’ on tax reform despite budget vote

Trump’s tax cuts are finally on their way

Trump’s tax cuts are finally on their way
Republicans in Washington are finally poised to get something done. After a fitful year characterized by party infighting and three failed efforts to repeal the Affordable Care Act, the Republicans who control Congress and the White House seem to be headed …
Trump’s tax cuts are finally on their way

Trump promises tax cuts as Senate GOP paves way with budget

Trump promises tax cuts as Senate GOP paves way with budget
WASHINGTON — President Donald Trump promised tax cuts Friday “which will be the biggest in the history of our country!” following Senate passage of a $4 trillion budget that lays the groundwork for Republicans’ promised tax legislation. Republicans hope …
Trump promises tax cuts as Senate GOP paves way with budget

Republicans' process for passing a tax plan looks strikingly similar to that for healthcare — but they say this time will be different

Republicans' process for passing a tax plan looks strikingly similar to that for healthcare — but they say this time will be different
Republicans are set on using reconciliation to bypass the 60-vote threshold for their tax plan. GOP senators say an increased number of hearings opens the process as much as possible. Democrats still say they feel left in the dark and unable to contribute …
Republicans' process for passing a tax plan looks strikingly similar to that for healthcare — but they say this time will be different

IRS announces 2018 tax brackets, standard deduction amounts

IRS announces 2018 tax brackets, standard deduction amounts
What’s next for tax cuts and the budget plan The Internal Revenue Service has announced the annual inflation adjustments for a number of tax-related provisions for 2018, including, of course, the latest tax rate schedules and tax tables. These are the …
IRS announces 2018 tax brackets, standard deduction amounts

Senate adopts budget, giving momentum to Trump's tax-cut plans

Senate adopts budget, giving momentum to Trump's tax-cut plans
(Bloomberg)—The Senate adopted a fiscal 2018 budget resolution Thursday that House GOP leaders agreed to accept, a show of unity aimed at speeding consideration of President Donald Trump’s plan to enact tax cuts. The budget cleared the Senate 51-49, with …
Senate adopts budget, giving momentum to Trump's tax-cut plans

Tax reform should be key part of Kentucky pension reform | Wayne

Tax reform should be key part of Kentucky pension reform | Wayne
Just last February, in his State of the Commonwealth address, Gov. Matt Bevin made bold declarations to fix our tax system. He asserted Kentucky will be fiscally insolvent if tax reform isn’t tackled simultaneously to shoring up the public employee and …
Tax reform should be key part of Kentucky pension reform | Wayne

U.S. Senate passes budget bill; tax debate comes next

U.S. Senate passes budget bill; tax debate comes next
President Donald Trump’s drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic …
U.S. Senate passes budget bill; tax debate comes next

Republicans could now unexpectedly try to 'steamroll' Trump's massive tax plan through Congress

Republicans could now unexpectedly try to 'steamroll' Trump's massive tax plan through Congress
Mitch McConnell, Donald Trump, and Paul Ryan Getty Images/Pool The Senate passed its budget resolution Thursday night, setting up the path to tax reform. Indications from the GOP leaders is that Congress may speed up the process to pass tax reform sooner …
Republicans could now unexpectedly try to 'steamroll' Trump's massive tax plan through Congress

No Tax Cuts Yet But Latest Budget Win Pushes GOP Closer

No Tax Cuts Yet But Latest Budget Win Pushes GOP Closer
So, first things first: there have been no tax cuts. This does not mean there will not be tax cuts (in fact, I’m quite sure there will be) but the Senate vote yesterday didn’t make that happen. Here’s where we stand. The Senate is in the process of …
No Tax Cuts Yet But Latest Budget Win Pushes GOP Closer

What to watch on the GOP budget and tax reform

What to watch on the GOP budget and tax reform
The budget approved last night by the Senate will open the door to Republicans’ far-reaching plans for the tax code — and raise questions about what it means for the government’s piggy bank. It doesn’t just allow them to tap the all-important …
What to watch on the GOP budget and tax reform

Ladbrokes Coral to Appeal 2008 Tax Dispute

Ladbrokes Coral to Appeal 2008 Tax Dispute
Ladbrokes Coral is planning on taking its 2008 tax dispute to appeals court early next year. According to media outlets there is GBP70 million at stake. The online and land gambling group said they are disputing Her Majesty’s Revenue and Customs ruling.
Ladbrokes Coral to Appeal 2008 Tax Dispute

US Senate chops key obstacle to Trump tax reforms

US Senate chops key obstacle to Trump tax reforms
A key hurdle to Donald Trump’s tax reforms has been eliminated, as last night’s US Senate vote in favour of a 2018 budget resolution means the President will only need a simple majority of 51 senators, rather than 60, to pass his tax cuts. As a result …
US Senate chops key obstacle to Trump tax reforms

Harford proposes property tax credits for long-time elderly residents, retired veterans

Harford proposes property tax credits for long-time elderly residents, retired veterans
Harford County Executive Barry Glassman is proposing to give eligible elderly Harford County residents and retired veterans a significant discount on their annual property tax bills, according to legislation introduced Tuesday to the Harford County Council.
Harford proposes property tax credits for long-time elderly residents, retired veterans

We Need A Child Tax Credit Bump To Undo Our Welfare State’s Redistribution Of Children

We Need A Child Tax Credit Bump To Undo Our Welfare State’s Redistribution Of Children
With Ivanka Trump out front, President Trump’s tax reform framework includes an idea crucial for significantly reducing taxes on middle and lower earners, who pay the least proportion of taxes: expanding the child tax credit. The New York Times displays …
We Need A Child Tax Credit Bump To Undo Our Welfare State’s Redistribution Of Children

125% council tax bill for empty homes in Pembrokeshire

125% council tax bill for empty homes in Pembrokeshire
These are external links and will open in a new window Owners of hundreds of empty homes in Pembrokeshire are to be hit by a 125% council tax bill. Empty homes in the county are allowed a 50% discount to the levy under current arrangements. But from April …
125% council tax bill for empty homes in Pembrokeshire

Rand loses ground as dollar surges on tax cut move

Rand loses ground as dollar surges on tax cut move
The rand was weaker against the dollar in late afternoon trade on Friday, as the greenback gained on the euro, after a groundbreaking agreement on taxes in the US Congress rekindled optimism about possible tax cuts. Further tax cuts in accordance with …
Rand loses ground as dollar surges on tax cut move

Tax cuts can't go far enough because Congress won't tackle entitlement abuse

Tax cuts can't go far enough because Congress won't tackle entitlement abuse
The Senate has passed its version of the annual budget resolution, which would permit a simple majority to pass a 10-year tax cut of $1.5 trillion. That’s a modest amount – only about three-quarters of 1 percent of our nation’s gross domestic product.
Tax cuts can't go far enough because Congress won't tackle entitlement abuse

Tax Cuts Won’t Make America Great Again

Tax Cuts Won’t Make America Great Again
In a speech earlier this week, Donald Trump invoked Ronald Reagan’s 1981 tax cuts as a model for his own plan. Trump said Reagan’s tax cuts “unleashed the economic miracle of the 1980s” and promised his own tax cuts would boost economic growth …
Tax Cuts Won’t Make America Great Again

Pensions tax relief paper fuels Budget changes rumours

Pensions tax relief paper fuels Budget changes rumours
An government briefing paper on pensions tax relief is fuelling rumours that the new rules will be introduced in the upcoming Budget in November. The documents, produced by the House of Commons Library research service, provide “MPs and their staff with …
Pensions tax relief paper fuels Budget changes rumours

Trump says Sen. Rand Paul will support the tax plan

Trump says Sen. Rand Paul will support the tax plan
President Trump said Friday that although Sen. Rand Paul voted against the budget, the senator will vote for the tax reform plan. “The Budget passed late last night, 51 to 49. We got ZERO Democrat votes with only Rand Paul (he will vote for Tax Cuts …
Trump says Sen. Rand Paul will support the tax plan

Tax Bill Will Include 4th Tax Bracket on High-Income Earners, Ryan Says

Tax Bill Will Include 4th Tax Bracket on High-Income Earners, Ryan Says
Speaker Paul D. Ryan said Friday that an upcoming tax overhaul bill will include a fourth income tax bracket for high-income earners, but he declined to reveal what the tax rate for that bracket will be. “The fourth bracket that the president and …
Tax Bill Will Include 4th Tax Bracket on High-Income Earners, Ryan Says

Using Bitcoin to buy a sandwich could trigger a tax bill

Using Bitcoin to buy a sandwich could trigger a tax bill
Crypto currencies may have been around for less than a decade, but they are proliferating so quickly that our established tax and regulatory systems can’t keep up. And that could create serious tax problems for those who would join the digital currency …
Using Bitcoin to buy a sandwich could trigger a tax bill

Trump tax cuts gain momentum as Rand Paul goes 'all in'

Trump tax cuts gain momentum as Rand Paul goes 'all in'
WASHINGTON (Reuters) – U.S. Republican senator Rand Paul on Friday appeared to back the Trump administration’s sweeping tax cut plan, saying he was “all in” for massive tax cuts even as the Senate passed a key budget measure without his support one …
Trump tax cuts gain momentum as Rand Paul goes 'all in'

View: Modinomics must light these tax firecrackers through Samvat 2074

View: Modinomics must light these tax firecrackers through Samvat 2074
Diwali is that occasion when Indian civilization comes out with yet another unique aspect of itself. We are the only civilization ever in the history of the world where the goddess of wealth, i.e. Mahalaxmi is worshipped, without any guilt. One therefore …
View: Modinomics must light these tax firecrackers through Samvat 2074

Senate Passes Budget, Unlocking Vehicle for Tax Reform

Senate Passes Budget, Unlocking Vehicle for Tax Reform
Senate Republicans passed a budget resolution Thursday evening, clearing a significant hurdle and setting up the process to consider tax legislation later this year. As expected, the approval margin was narrow, 51-49, with Kentucky Sen. Rand Paul and all …
Senate Passes Budget, Unlocking Vehicle for Tax Reform

Trump sees momentum for tax cuts after Senate OKs budget

Trump sees momentum for tax cuts after Senate OKs budget
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday signaled optimism for the passage of Republicans’ sweeping tax cut plan, saying a key senator who rejected the party’s budget blueprint a day earlier would back the proposed tax measure when it …
Trump sees momentum for tax cuts after Senate OKs budget

Tax trouble for landlords

Tax trouble for landlords
Already grappled with soaring prices of essentials, tenants in the capital are likely to find themselves in more trouble as the authorities are increasing the tax on holdings manifold. Although the building owners are to pay the tax, the tenants fear they …
Tax trouble for landlords

U.S. tax reform move boosts dollar, stocks, bond yields

U.S. tax reform move boosts dollar, stocks, bond yields
LONDON (Reuters) – European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the “Trumpflation trade”, after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. With sentiment …
U.S. tax reform move boosts dollar, stocks, bond yields

Young Americans Need A Tax Overhaul That Fuels Their Success

Young Americans Need A Tax Overhaul That Fuels Their Success
On demand. The Internet of things. The gig economy. Although the taxonomy used to refer to the future of work has evolved, public policy affecting business and their workers in the United States has failed to keep up. Congress has an opportunity to change …
Young Americans Need A Tax Overhaul That Fuels Their Success

Trump Pitches Tax Reform Ahead of Budget Resolution Vote

Trump Pitches Tax Reform Ahead of Budget Resolution Vote
President Donald Trump delivered a speech on tax reform at The Heritage Foundation’s annual President’s Club Meeting in Washington, DC on Oct. 17. He urged GOP senators to back his tax reform plan, which he called a “once in a generation opportunity.”
Trump Pitches Tax Reform Ahead of Budget Resolution Vote

Trump hails budget vote as paving way for 'biggest tax cuts in US history'

Trump hails budget vote as paving way for 'biggest tax cuts in US history'
Donald Trump has hailed a key Senate budget vote as paving the way for the biggest tax cuts in US history. The Republican’s approved budget resolution for the 2018 financial year paves the way for their tax-cut package, which would see huge cuts take …
Trump hails budget vote as paving way for 'biggest tax cuts in US history'

Warren takes lead role in fight against Trump tax plan

Warren takes lead role in fight against Trump tax plan
Sen. Elizabeth Warren and Senate Minority Leader Chuck Schumer walked to a news conference on the Republican tax and budget proposals in Washington on Wednesday. By Victoria McGrane Globe Staff October 19, 2017 WASHINGTON — Elizabeth Warren is focusing …
Warren takes lead role in fight against Trump tax plan

Senate GOP Backs Budget, Clears Way for Tax Overhaul

Senate GOP Backs Budget, Clears Way for Tax Overhaul
WASHINGTON (AP) — Republicans must now shift their focus to enacting President Donald Trump’s sweeping tax plan, a far heavier lift than the $4 trillion budget plan they’ve muscled through the Senate to lay the groundwork for the first tax overhaul in …
Senate GOP Backs Budget, Clears Way for Tax Overhaul

LHC reserves judgment in appeal against Tax Amnesty Scheme

LHC reserves judgment in appeal against Tax Amnesty Scheme
LAHORE: The Lahore High Court (LHC) has reserved a verdict against the Tax Amnesty Scheme by the Government of Pakistan. Justice Shahid Kareem of the Lahore High Court (LHC) heard the appeal filed by Shiraz Zaka Advocate in which the counsel for appellant …
LHC reserves judgment in appeal against Tax Amnesty Scheme

Hull to copy VENICE and introduce the UK’s first tax on tourists ‘to promote the area’

Hull to copy VENICE and introduce the UK’s first tax on tourists ‘to promote the area’
If agreed, Hull will join other European cities including Florence, Paris, Rome, Prague and Venice in making visitors pay. It will add five per cent to the cost of a hotel room if levied at the rate used in Amsterdam. But Tory councillor John Abbott warned …
Hull to copy VENICE and introduce the UK’s first tax on tourists ‘to promote the area’

Do you have any question about tax filings? Now, chat online with income tax experts to clear your doubts

Do you have any question about tax filings? Now, chat online with income tax experts to clear your doubts
Hacked credit card details of Indians sold online for ₹500 All about Reliance Jio’s new plans The Income Tax Department has taken yet another initiative to help the taxpayers with their basic queries about the tax filings. The Department has launched an …
Do you have any question about tax filings? Now, chat online with income tax experts to clear your doubts

US dollar gains strength on tax reform progress

US dollar gains strength on tax reform progress
The Us dollar gained ground overnight following the Republican tax reform victory in the senate.The winning vote of 51-49 means Trump’s government can pass planned tax reforms with the support of any democrats. SPONSORED ARTICLE : Tech Analysis articles …
US dollar gains strength on tax reform progress

GOP Gears Up for Tax-Overhaul Push

GOP Gears Up for Tax-Overhaul Push
WASHINGTON—Now that the Senate and House have both passed their own 2018 budgets, the sprint to write a major tax bill is on. Republicans hope to finish a bill by year-end. The budget’s passage in both houses allows Republicans to pass a tax bill with …
GOP Gears Up for Tax-Overhaul Push

Trump warns Democrats about opposing tax plan

Trump warns Democrats about opposing tax plan
His daughter, Ivanka, hosted senators for dinner as the White House tries to build support for Trump’s proposed tax reform. “He just mentioned his tax returns”. But some of those Democrats said after the White House meeting that they remain unconvinced.
Trump warns Democrats about opposing tax plan

Trump’s tax overhaul clears first hurdle

Trump’s tax overhaul clears first hurdle
Washington — The US Senate narrowly passed a 2018 federal budget on Thursday, clearing the way for President Donald Trump’s controversial tax overhaul that includes $1.5-trillion in tax cuts. The Republican measure, which passed along party lines, is a …
Trump’s tax overhaul clears first hurdle

Senate passes budget blueprint, key to Trump tax effort

Senate passes budget blueprint, key to Trump tax effort
WASHINGTON (Reuters) – President Donald Trump’s drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut …
Senate passes budget blueprint, key to Trump tax effort

Macron suffers EU setback over tech tax plans

Macron suffers EU setback over tech tax plans
French president Emmanuel Macron was checked on Thursday in his ambition to secure rapid EU agreement on a new revenue tax for US tech giants, after Ireland and Luxembourg warned that Europe should not disrupt discussions under way at global level.
Macron suffers EU setback over tech tax plans

Hull wants to be first British city to levy a tourism tax – just like Florence, Paris, Rome, Prague and Venice

Hull wants to be first British city to levy a tourism tax – just like Florence, Paris, Rome, Prague and Venice
With world-class attractions like the Eiffel Tower and Colosseum, the likes of Paris and Rome seem to have plenty of justification to charge a tourist tax. But the idea of imposing a local levy on hotel rooms, which does not yet exist anywhere in Britain …
Hull wants to be first British city to levy a tourism tax – just like Florence, Paris, Rome, Prague and Venice

US Senate poised for crucial vote related to tax reforms today

US Senate poised for crucial vote related to tax reforms today
President Donald Trump’s drive to overhaul the US tax code headed for a pivotal moment on Thursday, with Senate Republicans poised to approve a budget measure that would help them pass tax legislation without Democratic support. The Senate and the House …
US Senate poised for crucial vote related to tax reforms today

U.S. Senate passes budget blueprint, key to Trump tax effort

U.S. Senate passes budget blueprint, key to Trump tax effort
WASHINGTON (Reuters) – President Donald Trump’s drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut …
U.S. Senate passes budget blueprint, key to Trump tax effort

US Senate votes to advance Trump tax agenda

US Senate votes to advance Trump tax agenda
The US Senate has passed a budget vote that lawmakers expect will pave the way to a tax overhaul deemed critical to Republicans’ prospects in elections next year. Lawmakers voted 51 to 49 in favour of a resolution in a Thursday night session that should …
US Senate votes to advance Trump tax agenda

The GOP’s Tax Dilemma

The GOP’s Tax Dilemma
Opponents of the Republican tax-reform framework are adept at intellectual contortion. On the one hand, they bemoan that the proposed changes will widen the budget deficit. On the other, they denounce that eliminating some deductions will make certain …
The GOP’s Tax Dilemma

U.S. Senate passes budget blueprint key to Trump tax effort

U.S. Senate passes budget blueprint key to Trump tax effort
WASHINGTON (Reuters) – President Donald Trump’s drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut …
U.S. Senate passes budget blueprint key to Trump tax effort

US Senate passes budget, in first step toward tax overhaul

US Senate passes budget, in first step toward tax overhaul
The US Senate narrowly passed a 2018 federal budget Thursday, clearing the way for President Donald Trump’s controversial tax overhaul that includes $1.5 trillion in tax cuts. The Republican measure, which passed along party lines, is a largely symbolic …
US Senate passes budget, in first step toward tax overhaul

Senate Republicans approve budget with $1.5-trillion deficit to pay for Trump's tax cuts

Senate Republicans approve budget with .5-trillion deficit to pay for Trump's tax cuts
Senate Republicans overcame internal divisions late Thursday to approve a 2018 budget that will increase the deficit by $1.5 trillion over 10 years to allow for President Trump’s proposed tax cuts. Passage of the GOP’s budget blueprint is a largely …
Senate Republicans approve budget with .5-trillion deficit to pay for Trump's tax cuts

Senate paves the way for tax reform by passing a budget

Senate paves the way for tax reform by passing a budget
by Joseph Lawler and Susan Ferrechio | Oct 19, 2017, 9:34 PM Share on Twitter Share on Facebook Email this article Share on LinkedIn Print this article “Now’s when the real work begins,” Sen. Bob Corker, R-Tenn, a top Budget Committee member, said.
Senate paves the way for tax reform by passing a budget

Following Reagan’s tax cut footprints

Following Reagan’s tax cut footprints
President Trump and Republican lawmakers have plenty of legislative disagreements, but there is one issue that entirely unites them: tax cuts. It isn’t getting the full attention it deserves from the liberal news media here, but there hasn’t been this …
Following Reagan’s tax cut footprints

Senate passes a budget, moving the GOP closer to tax reform

Senate passes a budget, moving the GOP closer to tax reform
The Senate passes a budget resolution, a key step on the way to tax reform. It still needs to reconcile its budget proposal with a different one passed by the House. Once Congress approves a budget, it will start writing a tax bill that Republicans hope to …
Senate passes a budget, moving the GOP closer to tax reform

Trump Tax Cuts Clear First Hurdle; Now Comes A Wrestling Match

Trump Tax Cuts Clear First Hurdle; Now Comes A Wrestling Match
Senate Republicans on Wednesday kicked off debate on a budget resolution that would set aside room for a net $1.5 trillion tax cut over the coming decade. The vote is important because it would allow the GOP to pass tax cuts with just 50 votes, plus Vice …
Trump Tax Cuts Clear First Hurdle; Now Comes A Wrestling Match

Sask. government reverses corporate tax reduction plan

Sask. government reverses corporate tax reduction plan
The Saskatchewan government plans to reverse a tax decision announced in the latest provincial budget. On Thursday, Premier Brad Wall said the reduction to the corporate income tax is no longer necessary — a position he said will be expanded upon during …
Sask. government reverses corporate tax reduction plan

Senate backs GOP budget in step forward for tax revamp

Senate backs GOP budget in step forward for tax revamp
WASHINGTON (AP) — Republicans on Thursday muscled a $4 trillion budget through the Senate in a major step forward for President Donald Trump’s ambitious promise of “massive tax cuts and reform.” The 51-49 vote sets the stage for debate later this year to …
Senate backs GOP budget in step forward for tax revamp

The Senate passes its budget, clearing a huge hurdle for Trump's tax plan

The Senate passes its budget, clearing a huge hurdle for Trump's tax plan
Sen. Mitch McConnell and President Donald Trump. Chip Somodevilla/Getty Images The Senate passed a 2018 budget resolution 51-49. The resolution includes instructions for reconciliation, which would allow Republicans to pass tax reform without support …
The Senate passes its budget, clearing a huge hurdle for Trump's tax plan

Republicans Ready to Move on a Tax Plan Few Have Seen

Republicans Ready to Move on a Tax Plan Few Have Seen
WASHINGTON — Almost no one on or off Capitol Hill has seen the tax overhaul bill that Republicans are drafting behind closed doors. Congressional staff members have not settled on many key details. Yet party leaders are preparing to move ahead on a …
Republicans Ready to Move on a Tax Plan Few Have Seen

Senate passes budget framework for tax reform

Senate passes budget framework for tax reform
Senate Republicans narrowly passed their $4 trillion budget plan Thursday, taking their first big step toward a tax reform package promised by President Donald Trump. Approval of the nonbinding plan allows the Senate to use a special process known as …
Senate passes budget framework for tax reform

Senate approves budget in crucial step forward for Republican tax cuts

Senate approves budget in crucial step forward for Republican tax cuts
The Senate approved the Republican-proposed budget Thursday night, a major step forward for the GOP effort to enact tax cuts. The budget, which now moves to the House, is projected to expand the deficit by $1.5 trillion over 10 years. Its passage will …
Senate approves budget in crucial step forward for Republican tax cuts

Senate passes budget, clearing path for tax reform

Senate passes budget, clearing path for tax reform
Senate Republicans on Thursday passed a budget measure that will unlock the route to a sweeping tax overhaul, giving the GOP a sorely-needed victory after other pieces of their legislative agenda collapsed earlier this year. After a significantly shortened …
Senate passes budget, clearing path for tax reform

India's Savings Experiment: Tax Concessions Are A Double-Edged Sword

India's Savings Experiment: Tax Concessions Are A Double-Edged Sword
With many economies facing the challenge of a rapidly aging population, whether people are saving optimally becomes an increasingly important social issue. Unfortunately, research findings suggest that much of the global population is not saving enough to …
India's Savings Experiment: Tax Concessions Are A Double-Edged Sword

In 1986, Most Senate Democrats Voted for Tax Reform

In 1986, Most Senate Democrats Voted for Tax Reform
More than 30 Senate Democrats voted for President Ronald Reagan’s Tax Reform Act of 1986—including one still in office today—and conservatives say Democrats today have no reason to vote against a similar tax reform package now before Congress.
In 1986, Most Senate Democrats Voted for Tax Reform

Senate Republicans set to approve budget with $1.5-trillion deficit to pay for Trump's tax cuts

Senate Republicans set to approve budget with .5-trillion deficit to pay for Trump's tax cuts
Senate Republicans were on track late Thursday to approve a 2018 budget that will increase the deficit by $1.5 trillion over 10 years to allow for President Trump’s proposed tax cuts. Passage of the GOP’s budget blueprint is a largely symbolic exercise …
Senate Republicans set to approve budget with .5-trillion deficit to pay for Trump's tax cuts

IRS to block, suspend tax returns that lack Obamacare disclosures

IRS to block, suspend tax returns that lack Obamacare disclosures
The IRS said it will not accept electronic tax returns, and will suspend paper returns, that do not disclose whether the filer had health insurance coverage during the year. The IRS’ move, which will bolster compliance with Affordable Care Act rules, comes …
IRS to block, suspend tax returns that lack Obamacare disclosures

The White House Thinks Its Tax Plan Can Do Everything

The White House Thinks Its Tax Plan Can Do Everything
The Trump administration thinks they’ve got the Swiss Army knife of tax plans on their hands. White House officials have been out and about pitching their tax reform proposal in recent weeks and making big promises for their yet-to-be-written bill.
The White House Thinks Its Tax Plan Can Do Everything

IRS Announces 2018 Estate And Gift Tax Limits: $11.2 Million Per Couple

IRS Announces 2018 Estate And Gift Tax Limits: .2 Million Per Couple
It’s official. For 2018, the estate and gift tax exemption is $5.6 million per individual, up from $5.49 million in 2017. That means an individual can leave $5.6 million to heirs and pay no federal estate or gift tax. A married couple will be able to …
IRS Announces 2018 Estate And Gift Tax Limits: .2 Million Per Couple

Vote-a-rama kick-starts GOP tax reform effort

Vote-a-rama kick-starts GOP tax reform effort
(CNN)The Senate moved Thursday to pass a budget resolution for next year that is mostly significant because it could make it easier for Republicans to pass major tax cuts, a top GOP priority. Passage of the budget is not in doubt — all but one of the 52 …
Vote-a-rama kick-starts GOP tax reform effort

Sen. Tim Scott: Tax plan reduces burden on American workers

Sen. Tim Scott: Tax plan reduces burden on American workers
This is a rush transcript from “Your World,” October 19, 2017. This copy may not be in its final form and may be updated. NEIL CAVUTO, “YOUR WORLD” HOST: All right, Senator Tim Scott was among those senators meeting the president yesterday to iron out this …
Sen. Tim Scott: Tax plan reduces burden on American workers

Manchin: I hope to work with Trump on tax reform that works

Manchin: I hope to work with Trump on tax reform that works
This is a rush transcript from “Your World,” October 19, 2017. This copy may not be in its final form and may be updated. NEIL CAVUTO, HOST: All right, well, the president has already put the pressure on ahead of this key budget vote tonight in the Senate.
Manchin: I hope to work with Trump on tax reform that works

Can Trump Sell A Tax Bill To Middle-Income Voters?

Can Trump Sell A Tax Bill To Middle-Income Voters?
While President Trump continues to promote what he says will be the biggest tax cut in history for middle-income households, it is increasingly clear that he and Congress won’t deliver on that promise. The bill, still being drafted behind closed-doors …
Can Trump Sell A Tax Bill To Middle-Income Voters?

Tax reform lurches ahead with Senate voting marathon

Tax reform lurches ahead with Senate voting marathon
The Senate launched Thursday into an all-night voting marathon expected to yield a crucial outcome for Republicans: a route to a tax overhaul. While the budget resolution that’s under debate does include a decade’s worth of proposed spending cuts and …
Tax reform lurches ahead with Senate voting marathon