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5 mins read
What a Trump or Harris presidency would mean for your tax bill
BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…
Juliana Kaplan,Bryan Metzger
2 mins read
The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims
According to The New York Times, an IRS insider wrote that less than 1% of those using a Puerto Ric…
Filip De Mott
4 mins read
How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs
With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from …
Hayley Cuccinello
2 mins read
ONGC Q2 Results: Profit drops 30% to ₹12,826 crore as govt levies windfall tax
Profit fell 15.6 per cent over the preceding June quarter when it had reported Rs 15,205.85 cro…
PTI
2 mins read
Indian companies have to forego these exemptions to enjoy the $6 billion benefit from lower taxes
Corporate India is celebrating the sweeping tax cuts announced by Finance Minister Nirmala Sitharam…
4 mins read
A lawyer’s wishlist from Budget 2021 includes these income tax rebates, deductions and holidays
The need of the hour is to increase the liquidity in the market. To effect the same, individual …
3 mins read
Here's Biden's tax plan that corporations like Apple, Disney, and ExxonMobil are scrambling to squash right now
President Joe Biden wants to increase the corporate income tax rate from 21% to 28% and increase th…
Madison Hoff
5 mins read
Jeff Bezos says he's moving to Miami to be near his parents and neglects to mention the millions it could save him in taxes
Jeff Bezos is moving from Seattle to Miami with fiancé Lauren Sanchez. What loving son wouldn't wan…
Katie Notopoulos,Alistair Barr
3 mins read
JPMorgan says it's time for US corporate taxes to catch back up with the rest of the world
The bank finds the US more reliant on tax revenue from personal income and property, while Biden is…
Ayelet Sheffey
3 mins read
Homebuyers who fled to Florida to escape high taxes are now shocked at their massive tax bills
Many people who bought a Florida property in 2022 are in for an unwelcome surprise.
Kelsey Neubauer
2 mins read
Bernie Sanders once again wants to raise taxes on rich heirs
Sen. Bernie Sanders and other progressives want people inheriting over $3.5 million to pay at least…
Juliana Kaplan
4 mins read
Nike, FedEx, and 24 other companies with $77 billion of combined income have avoided paying taxes for years, a new report found
55 of America's biggest companies paid $0 in federal taxes last year. A new study breaks down looph…
Grace Kay
2 mins read
Bernie Sanders is targeting the wealthy and corporations with 2 new tax measures
At a Senate Budget Committee hearing, Sanders said he was working to reform estate and corporate ta…
Juliana Kaplan
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…
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
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
2 mins read
US industry urges FM to rationalise, simplify direct and indirect taxes in India
"Reiterate India's commitment to the global tax deal," it said and urged the Union Finance M…
PTI
1 min read
Govt intends to remove all income tax exemptions in long run: FM
New Delhi, Feb 1 () After slashing income tax rates for individuals on condition that they give up …
PTI
1 min read
The higher tax on India's super rich continues-- only the capital gains are exempt
In a bid to restore the faith in the Indian economy and the Narendra Modi government, Finance Minis…
2 mins read
TCS, Wipro and Infosys have a problem—to take the corporate tax cut or not
India Inc is busy celebrating the Finance Minister’s corporate tax rate cut. For IT companies,…