Midterms are coming. And the next big tax fight in America may not be over billionaires, yachts or real estate moguls. It may be over a tiny little tax most Americans barely even know exists. The hidden tax Democrats may quietly put front and center during the midterm elections is the 0.9% Medicare surtax, one […]
Tag: tax
Tax scams through the years and what to know this year
Tax scams rarely stay the same for long. Each filing season brings new tactics designed to trick taxpayers into revealing personal information or claiming refunds they are not entitled to receive. In recent years, fraud tied to unemployment systems, stimulus payments and identity theft caught many taxpayers by surprise. Some people did not discover the […]
Virginia Dems take tax hikes into overtime, target fantasy football leagues
Amid a slew of fresh taxes proposed by the newly emboldened Democratic majority in Virginia, the latest entry seeks to sack people’s fantasy football leagues. The Fantasy Contests Act, authored by Sen. Adam Ebbin, D-Alexandria, would impose a 10% tax on fantasy sports revenue from games played within the Commonwealth. Five percent, or 0.5 percentage […]
Popular travel destination to charge ‘tourist tax’ upwards of $65 per night
Japan’s ancient capital is taking drastic steps to rein in overtourism. Starting in March 2026, Kyoto will introduce the highest accommodation tax in Japan, charging visitors more to stay in the city’s hotels, inns and guesthouses. Under the new system, tourists at high-end hotels could pay up to ¥10,000 (about $65) per person, per night, […]
Russia’s Finance Ministry proposes value-added tax hike to boost war-strained budget
The tax increase, part of the draft budget submitted to the Russian government, is aimed “primarily at funding defense and security needs,” the Russian Finance Ministry said. – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based on Law no. 8/1996 of Romania. News does not enjoy copyright, so they can be […]
Ukraine’s parliament backs bill to legalize, tax virtual assets in first reading
Ukraine has one of the world’s highest rates of cryptocurrency ownership, with around 16% of the population holding crypto assets before Russia’s full-scale invasion, comparable to the U.S. – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based on Law no. 8/1996 of Romania. News does not enjoy copyright, so they can […]
Ferrexpo’s Ukrainian mining subsidiary executive charged with $41 million tax evasion scheme
The head of Ukraine’s Poltava Mining faces criminal charges for allegedly evading over Hr 1.7 billion ($41 million) in corporate taxes through fraudulent export pricing, the Ukraine Economic Security Bureau announced in a press release on July 18. – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based on Law no. 8/1996 […]
Russian authorities call for urgent tax increase to save national budget
Moscow needs to urgently raise more money as shrinking oil and gas revenues and a worsening economic outlook continue to strain the federal budget, a senior Russian lawmaker warned on July 16. – https://kyivindependent.com/tag/ukraine/rss/ This article appeared on the websitekyivindependent.com This article is taken based on Law no. 8/1996 of Romania. News does not enjoy […]
Trump says tax raises are ‘good politics,’ dismissing GOP critics
As Republicans search for avenues to extend President Donald Trump’s 2017 tax cuts, some Republican lawmakers involved in the process have floated the idea that the nation’s highest earners could see a tax increase in order to usher in cuts for lower-earners. For his part, the president is sending signals he tends to agree. “You […]
Diane Abbott And Jim Murphy In Labour Civil War Over Mansion Tax
The 2015 general election is underway but today Labour decided to have a mini-civil war rather than focus on the Conservatives. Veteran Labour MP Diane Abbott has attacked Scottish Labour leader Jim Murphy for announcing that he will spend the pro… http://www.huffingtonpost.co.uk/2015/01/06/mansion-tax-diane-abbott-jim-murphy_n_6422742.html?utm_hp_ref=uk
Israel’s Palestinian tax move violates Oslo Accords – EU foreign policy chief
The EU’s foreign policy chief called Israel’s move to freeze the transfer of Palestinian tax revenues a violation of the Oslo Accords, urging the nation to renew the payments. She advised both sides to refrain from steps that might escalate the situation. http://rt.com/news/220379-israel-violates-oslo-accords/