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  • Deutsche Bank proposes tax on people working from home

    Deutsche Bank proposes tax on people working from home

    November 12, 2020 | 05:22pm

    White-collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren’t getting the same advantages, experts at Deutsche Bank said in a new
  • Swiss to ban deducting bribes from taxes starting in 2022

    Swiss to ban deducting bribes from taxes starting in 2022

    November 11, 2020 | 03:34pm

    Swiss companies will no longer be able to deduct bribes paid to private individuals from their taxes, Switzerland’s government said Wednesday, according to an update of tax laws due to take effect
  • Spanish tax authorities search Shakira's accounts and accuse her of tax crime

    Spanish tax authorities search Shakira's accounts and accuse her of tax crime

    October 23, 2020 | 09:00am

    Credit cards, hairdressers' bills, taxis… Everything has been combed with a fine comb by the Spanish tax authorities, tells El País, to prove that the Colombian singer had indeed resided in Spain, and not in the Bahamas, contrary to her statements. Shakira should answer to justice.
  • NYSE may move trading systems from NJ over stock trade taxes

    NYSE may move trading systems from NJ over stock trade taxes

    September 11, 2020 | 05:13pm

    The New York Stock Exchange has indicated that it will move its electronic trading systems out of New Jersey if the state implements a proposed tax on financial transactions, according to an internal memo seen by Reuters. The NYSE plans to announce that it will run one of its exchanges from a backup site in …
  • Trump is cutting off taxpayer that fund 'critical race theory' and 'white privilege' training of federal employees

    Trump is cutting off taxpayer that fund 'critical race theory' and 'white privilege' training of federal employees

    September 07, 2020 | 07:22am

    In an executive cease and desist order, the Trump administration is cutting off taxpayer dollars that fund “critical race theory” and “white privilege” training of federal employees. In an executive cease and desist order, the Trump administration is cutting off taxpayer dollars that fund “critical race theory” and “white privilege” training of federal employees that …
  • Although the “Billionaire” wealth tax was drafted with the poor in mind, its passing could cause them more harm than benefit

    Although the “Billionaire” wealth tax was drafted with the poor in mind, its passing could cause them more harm than benefit

    September 01, 2020 | 09:19am

    Vermont Senator Bernie Sanders wants to tax billionaires out of existence, or at least make them an endangered species. His proposed wealth tax of up to 8 percent per year would mean “the wealth of billionaires would be cut in half over 15 years,” he says. The progressive tax would start at 1 percent on …
  • Biden Vows ‘No New Taxes’ on Individuals Making Under $400,000, Will Increase Taxes On Business Making ‘Excessive’ Profit

    Biden Vows ‘No New Taxes’ on Individuals Making Under $400,000, Will Increase Taxes On Business Making ‘Excessive’ Profit

    August 24, 2020 | 02:14pm

    Democratic presidential nominee Joe Biden has said as president he would raise taxes for anybody making over $400,000 a year, while “no new taxes” would be raised for anyone making under that figure, saying everyone should pay “their fair share.” In a joint interview with running mate Senator Kamala Harris (D., Calif.) on ABC’s 20/20 …
  • Feds probing Robert F. Smith, billionaire who pledged to pay off students debt

    Feds probing Robert F. Smith, billionaire who pledged to pay off students debt

    August 21, 2020 | 01:37pm

    The billionaire financier who promised to pay off an entire college class’s student debt is under federal probe for possible tax crimes, a new report says. A web of offshore financial transactions is at the heart of the probe of Robert F. Smith, a money manager and philanthropist who is the wealthiest black person in …
  • Texas Governor Proposes Legislation That Would Bar Cities That Defund Police from Hiking Property Taxes

    Texas Governor Proposes Legislation That Would Bar Cities That Defund Police from Hiking Property Taxes

    August 19, 2020 | 03:57pm

    Texas Governor Greg Abbott on Tuesday proposed legislation that would deny the power to increase property taxes to cities that defund their police departments, following the Austin City Council’s decision to cut millions of dollars from its police budget. “Any city that defunds police departments will have its property tax revenue frozen at the current …
  • Trump Floats Capping Capital Gains Tax at 15 Percent if Reelected

    Trump Floats Capping Capital Gains Tax at 15 Percent if Reelected

    August 13, 2020 | 04:14pm

    President Trump said he would push to cap the capital gains tax rate at 15 percent if he is elected to a second term, in comments to Fox News‘s Maria Bartiromo on Thursday. Trump stated earlier this week that his administration was considering a capital gains tax cut as an economic relief measure amid the …
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