A sign sits outside Banque Pictet & Cie SA in Geneva, Switzerland, on Friday, Oct. 16, 2015. Luke MacGregor | Bloomberg | Getty Images A major Swiss bank admitted to conspiring with U.S. taxpayers and others to hide over $5.6 billion from the Internal Revenue Service, the Department of Justice announced Monday. Banque Pictet, the … Read more
Czech President Petr Pavel has signed into law an economic package of dozens of measures introducing budget cuts and increased taxes designed to keep the ballooning budget deficit under control ByThe Associated Press November 22, 2023, 6:18 AM FILE – Czech Republic’s President Petr Pavel delivers a speech at the European Parliament, Wednesday, Oct. 4, … Read more
LONDON — U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling, but that any cuts will come along with a squeeze on welfare benefits. British media have reported that there will be relief for businesses and wealthy property-owners in Hunt’s autumn budget statement on Wednesday. … Read more
Many hotels claim to be eco-friendly. But are they? A quick-and-easy test is to look for two items, said Sonu Shivdasani, founder of Soneva and Six Senses hotel brands. First, sustainable hotels should not have branded water of any sort, he told CNBC Travel. “When you have incredible filtered water, and where … Read more
Republicans are looking to cut funding for the free digital tax filing system currently being developed by the Internal Revenue Service to instead offset the $14 billion emergency request for military aid for Israel’s war in Gaza. After House Speaker Mike Johnson (R-La.) declared that Republicans insisted on cutting the budget to pay for the … Read more
Do you live in one of the 21 states that still charges a tax on period products? You might be able to get a refund if you purchase these goods from any of the eight companies that have partnered together to bring awareness to and hopefully end what’s known as the tampon tax. The Tampon … Read more
Malaysian Prime Minister Anwar Ibrahim says subsidies will be progressively cut and new taxes launched next year as part of the 2024 federal budget ByThe Associated Press October 13, 2023, 9:16 AM In this photo released by Malaysia’s Department of Information, Malaysia’s Prime Minister and Finance Minister Anwar Ibrahim delivers his 2024 budget speech at … Read more
There’s a new player in the ongoing ticket resale drama: taxes. Ticketing platforms will now have to report anyone who sold more than $600 in tickets to the Internal Revenue Service (IRS), the Wall Street Journal reports, so the IRS can charge them taxes. This goes into effect for the 2023 tax season, with ticketing … Read more
Kenya’s president is wooing American tech corporations, promising a business-friendly surroundings — despite the fact that he has raised taxes on companies at dwelling ByEVELYNE MUSAMBI Related Press September 15, 2023, 3:46 PM Sitoyo Lopokoiyit, M-Pesa CEO, speaks throughout a U.S.- Kenya Enterprise Roadshow hosted by Prosper Africa, a U.S. Commerce and Funding Initiative, in … Read more
Many vacationers are accustomed to nightly tourism taxes tacked on to their lodge payments. However daytime taxes are a brand new ask. Venice’s metropolis council on Tuesday accepted a long-awaited regulation to tax day guests 5 euros ($5.38) to go to town. The brand new tax shall be applied over 30 non-consecutive days in 2024, … Read more