Tax laws

Comment: US tax laws have made matters worse for federal retirees in Maryland.

File photo Maryland is a high tax state. Recent changes in federal tax law have worsened the tax situation: At the federal level, the maximum combined amount of property, state and local, income, and sales taxes that can be deducted is now $10,000. In the past, these taxes were generally fully deductible. However, there has […]

Tax regulations

Brazilian cryptocurrency exchanges hit hard by tax regulations

[ad_1] Brazilian tax authorities have been more active in regulating the crypto market, leading to what one observer called a market cooling for smaller exchanges. Following the re-application of new tax standards in August 2019, Brazil has recently seen some of the results of these actions. Cointelegraph Brasil reported that two major cryptocurrency exchanges based […]

Tax code

INSIGHT: Azerbaijan Tax Code Changes for 2020

The Azerbaijani Parliament passed a law amending the Tax code of Azerbaijan (TCA) on November 29, 2019. The amendment law made several substantive changes, ranging from changes to taxpayer record-keeping requirements to the introduction of new terms such as “risky taxpayers” and “sham transactions”, as well as changes of a technical nature, such as provisions […]