You Searched For "Tax Code" and got 20 results
Sort By:
6 mins read
Have income from foreign source? Keep this in mind while filing taxes
The Income-tax Act, 1961 does not provide a specific definition for the term 'foreign income.' Gene…
3 mins read
Some of America's richest people are just not paying their taxes — and millionaires alone could owe up to $34 billion
The average American paid over $16,000 in income taxes last year. Some millionaires paid nothing.
Juliana Kaplan
3 mins read
248 millionaires are calling for Democrats to tax billionaires' income. 'We have a rare opportunity to reform our broken tax code.'
Signatory Morris Pearl said there's a fear rich people might "go on strike" if taxes go up, but the…
Juliana Kaplan
3 mins read
America's tax code advantages white wealth over Black wealth - here's how reforms can make the system to better for everyone
"While only about 60% of the population is white, white Americans hold about 86% of the nation's we…
Paul Constant
4 mins read
Capital gains in taxation: What are the major factors driving the long-term and short-term capital gains?
Capital investment plays an important role in facilitating economic growth, creating employment…
7 mins read
Big Pharma rakes in $215 billion a year in America yet pays almost no taxes
Americans are getting screwed over by Big Pharma twice: first by high drug prices and again by the …
Brad Setser,Tess Turner
2 mins read
Abigail Disney will testify on Elizabeth Warren's wealth tax after billionaire Leon Cooperman rejected invite
Sen. Elizabeth Warren is holding a hearing to discuss her wealth tax - something Abigail Disney sup…
Ayelet Sheffey,Juliana Kaplan
3 mins read
Billionaire JPMorgan boss Jamie Dimon says there's an 'extraordinary number' of tax loopholes that help the rich, and he kind of sounds like Joe Biden
Dimon, long rumored as a potential Treasury Secretary, has ideas on tax reform that prioritize lowe…
Ben Winck
2 mins read
Hunter Biden sues IRS, claims whistleblower agents 'targeted and sought to embarrass' him by discussing his tax returns
US President Joe Biden's son is launching a lawsuit against the Internal Revenue Service amid a sle…
Tom Porter,Mattathias Schwartz
2 mins read
Thousands of student-loan borrowers celebrating Biden's latest debt relief might have to pay taxes on it in these 5 states
While Biden's latest student-loan forgiveness will not be subject to federal taxes, borrowers might…
Ayelet Sheffey
2 mins read
Elizabeth Warren slams Elon Musk's 'person of the year' title, saying the tax code should be changed so he stops 'freeloading off everyone else'
Sen. Warren shared a tax advocacy group's parody TIME cover of Musk, the world's richest person, wi…
Ayelet Sheffey
1 min read
Infosys says it appealed against UK's corporation tax assessment
Infosys, a software services company, admitted on Tuesday that it has appealed against a corporatio…
PTI
2 mins read
RBI report flags large-scale variation in property tax collection across civic bodies
It may look surprising but it is a fact that the property tax revenue of the municipal bodies in De…
2 mins read
States may not tax Biden's student loan forgiveness after all, says one tax expert
Jared Walczak of think tank The Tax Foundation says states may decide to change their regulations r…
Beatrice Nolan
2 mins read
The Gilgo Beach serial killer suspect owed hundreds of thousands of dollars in taxes and was litigious, filing numerous lawsuits against motorists
At one point, Gilgo Beach murder suspect Rex Heuermann owed nearly half a million dollars to the IR…
Michelle Mark
3 mins read
No, the GOP isn't going to abolish income tax — or the IRS
The GOP wants to get rid of income tax and the IRS. Neither will happen, but, if they did, it would…
Juliana Kaplan,Jacob Zinkula
3 mins read
Republicans want to replace federal taxes with a flat sales tax. It'll either add trillions to the national deficit or you'll have to pay a lot more for everything.
Republicans want to abolish the IRS and impose a consumption tax. A new report says that would add …
Juliana Kaplan
4 mins read
Wall Street's love language is coding. Here are the ones you need to know.
Technology rules the roost on Wall Street. These are the best programming languages to get up to sp…
Dan DeFrancesco
4 mins read
The American appetite to tax the rich is high — and growing with each passing year
The recent developments in Washington state offer a warning for America's wealthiest people and cor…
Paul Constant
1 min read
Senate Democrats accuse Justice Samuel Alito of violating Supreme Court ethics rules with WSJ interview, demand recusal in linked tax case
The senators argue that Alito's comments on a Democratic-led SCOTUS ethics bill create the "appeara…