Tag: Taxes

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Senate Democrats push for billionaire tax to help fund spending plan

Senate Democrats push for billionaire tax to help fund spending plan

U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee h [...]
U.S. agrees to drop tariffs on countries that imposed digital services taxes as a global tax overhaul moves ahead.

U.S. agrees to drop tariffs on countries that imposed digital services taxes as a global tax overhaul moves ahead.

WASHINGTON — The United States reached an agreement on Thursday with Austria, France, Italy, Spain and Britain that will terminate the threat of Am [...]
Aussie senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses

Aussie senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses

The Senate Committee on Australia as a Technology and Financial Center (ATFC) has just tabled its third and final report in Parliament which has 12 [...]
‘Only the Little People Pay Taxes.’ The Pandora Papers and the Case for Crypto — CoinDesk

‘Only the Little People Pay Taxes.’ The Pandora Papers and the Case for Crypto — CoinDesk

Finally, the quality of public discourse around cryptocurrencies remains poor. Instead of focusing on how removing trusted intermediaries could add [...]
Someone hit Powerball’s $699.8 million jackpot. Here’s the tax bill

Someone hit Powerball’s $699.8 million jackpot. Here’s the tax bill

There's a Powerball winner in California who's about to be ultra-wealthy — even after giving good ol' Uncle Sam a cut of the windfall.A single tick [...]
US President Biden says again he'll levy higher taxes on those earning > $400000 – ForexLive

US President Biden says again he'll levy higher taxes on those earning > $400000 – ForexLive

US President Biden says again he'll levy higher taxes on those earning > $400000  ForexLive www.forexlive.com [...]
How the wealthy are preparing for higher taxes

How the wealthy are preparing for higher taxes

izusek | E+ | Getty ImagesTo pay for a historic and sweeping expansion of the social safety net, President Joe Biden and Democrats are planning to [...]
South Korea Delays Crypto Taxes until January 2023

South Korea Delays Crypto Taxes until January 2023

Following South Korea’s crackdown on unregistered crypto exchanges, the country plans to apply an income tax law on digital assets. The government [...]
LA Clippers-Intuit strike $500 million-plus arena naming rights deal

LA Clippers-Intuit strike $500 million-plus arena naming rights deal

New LA Clippers arena.Source: LA ClippersThe Los Angeles Clippers announced on Friday a sponsorship deal with financial software company Intuit, wh [...]
Millionaire taxes would increase 11% in 2023 under House Democrat plan

Millionaire taxes would increase 11% in 2023 under House Democrat plan

Drew Angerer | Getty Images News | Getty ImagesHouseholds earning $1 million or more would see their taxes rise by almost 11%, on average, in 2023 [...]
Football betting is in full swing. Don’t forget the taxman if you win

Football betting is in full swing. Don’t forget the taxman if you win

Algerina Perna | Baltimore Sun | MCT | Getty ImagesIt appears Americans are definitely ready to bet on football.Heading into the National Football [...]
Top earning New Yorkers could face 61.2% combined tax rate under House plan

Top earning New Yorkers could face 61.2% combined tax rate under House plan

The word "taxes" is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021.Andrew Kelly | [...]
Bitcoin investors are reportedly exempt from taxes in El Salvador

Bitcoin investors are reportedly exempt from taxes in El Salvador

The government of El Salvador will reportedly exempt investors from paying a capital gains tax and an income tax on Bitcoin (BTC), according to a p [...]
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