Michigan’s new law will allow certain gambling losses to be deducted from taxes Since the pandemic began and Michigan legalized sports betting and launched sports books and online casinos, thousands more people have entered the gambling market. FOX 2 (WJBK) – Michigan will allow players to claim a state income tax deduction for gambling losses […]
MANILA – A Philippine offshore gambling operator (POGO) and its accredited service provider were suspended by the Bureau of Internal Revenue on Wednesday for failure to register with the agency. Imperial Choice Limited and Aplus Accel Inc have been closed for failure to register the first as required by the Tax Code and RA # […]
Outside the Internal Revenue Service building in Washington, DC (Jonathan Ernst / Reuters) Four state governments are continue their legal action against the federal government to defend their alleged right to have the taxes they levy on their citizens fully deductible from the federal taxes of those citizens. This trial has not had much luck […]
Lao People’s Democratic Republic: VAT reduced to 7% under changes to Laos tax laws January 03, 2022 Tilleke & Gibbins To print this article, simply register or connect to Mondaq.com. During the last week of December 2021, the Ministry of Justice published the law amending certain provisions of tax laws No. 01 / NA, dated […]
BATON ROUGE, Louisiana – Louisiana’s medical marijuana program will offer raw cannabis to its patients to smoke, and the state will change its income tax calculations as more than two dozen new laws come into effect. force Saturday with the start of the new year. Most of the new laws were passed in the ordinary […]
It was discovered during the strikes that the two big organizations, Xiaomi and Oppo, could face a penalty of Rs 1000 crore. They sent money as eminence, which is over Rs 5,500 crore, referring to themselves and to fundraising organizations found abroad. Source: NDTV Xiaomi and Oppo could run the risk of paying a fine […]
Minimum wage increases, animal welfare, police liability, tax cuts and increases are all part of a slew of new laws that will take effect across the country on Saturday, the first day. from 2022.. Some of the laws such as abortion restrictions in New Hampshire or the police reform measures passed in Illinois, Oregon and […]
The changes to the Minnesota tax code were enacted on July 1, 2021. Changes included those relating to Unemployment Insurance (UI) compensation, loan cancellation from the Paycheck Protection Program. (PPP) and other retroactive compliance provisions affecting the 2017 to 2020 tax years. Revenue is committed to providing updates on progress in updating our forms, developing […]
by Keane Eacobellis Following the conviction of the president of animation studio Ufotable, Hikaru Kondo, earlier this month, the Japanese news site Daily Shinchō detailed the statements of the company founder as to why he committed a crime. tax evasion. “We always end up in the red,” Kondo said of the studio’s work on popular […]
Tax season will be here before we know it, and it always seems to surprise us. One thing to know is how to reduce that tax bill. With so many new stimulus check and child tax credit laws, taxes can be confusing next year, and what you owe or collect can be surprising. There are […]