Politics
Volkswagen Sues India Over $1.4 Billion Tax Bill
Volkswagen has filed a lawsuit against Indian authorities over what the brand describes as an "impossibly enormous" tax demand, according…
Tag
Tax
Business
Volkswagen sues India to quash ‘enormous’ US$1.4b tax demand, legal filing shows
Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of US$1.4 billion, arguing that the ask is…
News
Can you claim pets on tax returns? What to know
Tax season can be stressful, and many pet owners wonder if their furry companions qualify for tax deductions. While the IRS doesn't allow…
Business
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
You can still get your tax refund sent to your checking account, say, and then use the money to buy digital I bonds via TreasuryDirect.…
News
Crazy Tax Write-offs That Actually Worked
Ever thought about what you can write off on your taxes? Some folks have taken it to a whole new level with some pretty wild claims. From…
News
IRS Free Tax Filing System Will Include 13 More States
Taxpayers with income of $84,000 or less still have the option of using the separate Free File program, a partnership between the I.R.S.…
News
German town's tax on disposable packaging upheld at high court
Germany's Constitutional Court has upheld a special tax on disposable food and drink packaging levied by the small university city of…
Business
Vietnam plans tax breaks, fee cuts to lure overseas investors
VIETNAM’S authorities are planning a series of reforms to lure more overseas investors to the stock market in an effort to ensure…
Politics
Republicans Want to Punish Divorced People to Fund Tax Cuts
“But I want to protect ourselves, our most recent examples of domestic terrorism were not what we have spent the majority talking about…
Politics
Republicans Reveal Dark Plan to Let Kids Go Hungry to Fund Tax Cuts
Republicans are looking to gut and slash federal programs in order to afford an extension to Donald Trump’s 2017 tax plan. The extension,…
Politics
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The United States is poised to add trillions of dollars to the national debt over the next decade as the mounting costs of social safety…
Politics
What Did Trump’s Tax Cuts Do?
Seven years ago, when Republicans passed the most significant overhaul of the tax code in a generation, they were sure the law would…
Politics
What to Know About the E.V. Tax Credit That Trump Might Repeal
Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that…
Business
Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund
Jeffrey Epstein’s once vast estate — art, jewelry, lavish properties and investments — was meant to be drained by settlements to his many…
Politics
Spain PM proposes 100% tax on homes bought by foreigners
Spanish Prime Minister Pedro Sánchez on Monday proposed a range of measures to combat a housing crisis in the country, including a 100%…
Politics
US firms pay over $1 billion in taxes to Russia Amid Ongoing Ukraine war
U.S. companies that have continued to do business in Russia have contributed more than $1 billion in tax revenue to Kremlin, Newsweek has…
News
Five common tax deductions to claim on 2024 tax returns
Tax deductions can impact your taxable income, reduce your overall tax liability and potentially increase your refund. Why It Matters Tax…
Politics
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
Republicans are preparing to cut taxes, slash spending and slow immigration in a broad agenda that will require unifying an unruly party…
News
IRS issues tax deadline reminder for 14 states
The Internal Revenue Service (IRS) has issued a reminder for taxpayers across 14 states that may have been granted extensions on their tax…
News
Brazil court suspends law cutting tax breaks for firms with deforestation soy commitment
SAO PAULO/BRASILIA (Reuters) - A justice on Brazil's top court on Thursday suspended a law from the country's top soy-producing state that…
Business
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8…
Business
Trump woos Wall Street with corporate tax cuts at NYSE visit
DONALD Trump rang the New York Stock Exchange’s opening bell on Thursday (Dec 12), a celebratory moment for the president-elect who was…
News
Adidas headquarters raided in years-long tax investigation, company says
AUTHORITIES raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on…
News
Germany and 15 other EU countries want vapes included in tobacco tax
The Managing Director of the German subsidiary of e-cigarette manufacturer Reymont, Selim Oezder, stands at his company's stand at the…