Tax

US firms pay over $1 billion in taxes to Russia Amid Ongoing Ukraine war
[ad_1] U.S. companies that have continued to do business in Russia have contributed more than $1 billion in tax revenue to Kremlin, Newsweek has learned.American firms in Russia paid the...
Five common tax deductions to claim on 2024 tax returns
[ad_1] Tax deductions can impact your taxable income, reduce your overall tax liability and potentially increase your refund.Why It MattersTax deductions are specific expenses that the IRS allows taxpayers to...
IRS issues tax deadline reminder for 14 states
[ad_1] The Internal Revenue Service (IRS) has issued a reminder for taxpayers across 14 states that may have been granted extensions on their tax returns.Why It MattersThe IRS offers relief...
Brazil court suspends law cutting tax breaks for firms with deforestation soy commitment
[ad_1] 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 would end tax breaks for firms following...
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
[ad_1] 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 billion) asset sale to Cellnex Telecom. The...
Adidas headquarters raided in years-long tax investigation, company says
[ad_1] AUTHORITIES raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday.Adidas said in a statement it has been in contact with...
Germany and 15 other EU countries want vapes included in tobacco tax
[ad_1] The Managing Director of the German subsidiary of e-cigarette manufacturer Reymont, Selim Oezder, stands at his company's stand at the Intertabac trade fair and uses a vape, as the...
What is a Fat Tax? The Question Taking Over the Internet
[ad_1] In today’s society, obesity has become a prevalent public health issue affecting people of all ages and backgrounds. With approximately 70% of adults in the United States being overweight...
Trump is threatening to raise tariffs again. Here’s how China plans to fight back
[ad_1] TAIPEI, Taiwan —  President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six...
Trudeau plays Santa with seasonal tax break
[ad_1] Canadian Prime Minister Justin Trudeau is playing Father Christmas with a seasonally-timed tax break amid growing frustrations about Canada's cost of living.The prime minister announced Thursday a two-month limited-time...
Canada’s Trudeau to cut sales tax and send checks to millions of Canadians as election looms
[ad_1] HALIFAX, Nova Scotia (AP) — Canadian Prime Minister Justin Trudeau 's government announced plans Thursday to temporarily lift the federal sales tax off a number of items and send...
Key witness is Germany’s ‘cum-ex’ tax fraud scandal goes on trial
[ad_1] The accused lawyer Kai-Uwe Steck (L) sits next to his lawyer Gerhard Strate in the courtroom. A criminal trial against one of the key figures in Germany's biggest tax...