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Copyright 2021 NPR. To learn more, visit https://www.npr.org. MICHEL MARTIN, ANIMATOR: You’ve probably heard of this Senate Democrats’ proposal to tax certain billionaire assets to help pay for President Biden’s spending plan. You’ve probably also heard that this was one of the ideas that was not in the compromise announced on Thursday. It was removed […]
NPRSaturday, October 30, 2021 Update RequiredTo play audio, update browser or Flash plugin. Copyright 2021 NPR. To see more, visit https://www.npr.org. NPR’s Michel Martin talks with tax law professor and author of The Whiteness of Wealth Dorothy Brown about her thoughts on the Democrats’ proposed billionaire tax. Transcript MICHEL MARTIN, HOST: You probably heard about […]
Michel Martin from NPR speaks with a professor of tax law and author of The whiteness of wealth Dorothy Brown on her thoughts on the Democrats’ proposed billionaire tax. MICHEL MARTIN, ANIMATOR: You’ve probably heard of this Senate Democrats’ proposal to tax certain billionaire assets to help pay for President Biden’s spending plan. You’ve probably […]
For almost a year, various proposals and so-called “frameworks” have been debated in Congress regarding changes to federal inheritance and gift laws. Almost all would have (i) reduced the amount that individuals could give during their lifetime or bequeath on death before the application of taxes on federal transfers, (ii) eliminated the so-called “hike” base […]
WASHINGTON – As they scout for income to pay their sprawling spending bill and attempt to unite a fractured caucus, Democrats are attempting to rewrite the U.S. tax code in days, proposing the kind of sweeping changes in the how America taxes businesses and individuals that would normally take months or years to adopt. The […]
Slovenia’s finance ministry has reportedly requested a public consultation on a bill to tax cryptocurrency investments, according to local reports. The ministry’s intention to assess investor sentiment comes nearly a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If enacted under the Slovenian Income Tax Law, […]
Even if the filing deadline for income tax returns (ITRs) for the current tax year is more than two months away, it is advisable to start the process now. Among the many reasons, filing an ITR in advance will give you ample time to assess all the deductions, large and small, that you may be […]
Indonesia’s tax scene continues to grow Unique identification number and / or tax identification number in public services To support the implementation of public services to citizens in the realization of their fundamental rights and needs, on September 9, 2021, the President of the Republic of Indonesia issued and implemented Presidential Decree No. 83 of […]
Publication displays: 224 Okay, you’ve launched your startup, and now your first tax season is near. Getting caught with flat feet can get expensive, so you want to avoid that. You can also register a package if you know how. Here are the main tax deductions for small businesses. Tax deductions A tax deduction reduces […]
With rate hikes from businesses and individuals potentially out of the Build Back Better (BBB) reconciliation package, lawmakers are evaluating alternative options to increase revenue. Rather than proposing complicated changes to the tax base or untested proposals such as market valuation for billionaires, they should prioritize options that increase revenue while improving the structure of […]