On Marijuana Tax, Colorado Asks: What’s Too High? If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
Senate planning vote on Internet sales tax bill The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
Where do more tax cheats live? South and West, IRS study shows Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
Obamas paid $112,000 in taxes in 2012 President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
Biden’s plans for a global corporate tax rate could make the world a fairer place The proportion of gross profits they shift into tax havens has soared from 5-10% in the 1990s to between ... The $48.5m take for the first five days in the US, with only about half of screens open, ... 04/10/2021 - 6:00 pm | View Link
‘Where does one find a 4% conservative rate of return?’ Plus, the best ETFs for Canadian dividends as payouts return to pre-pandemic levels The suggestions outlined by a financial planner used a conservative rate of return of 4 per cent. “My question is where on earth does one invest to obtain a 4 per cent ‘conservative’ return without ... 04/9/2021 - 4:00 am | View Link
How India's new tax laws could affect NRI investors Entrepreneurs who use tax havens such as the UAE to dodge taxation ... as staying in India beyond the stipulated 120 days also means they control their enterprises in the UAE. 04/8/2021 - 6:30 am | View Link
A grand bargain: how the radical US corporate tax plan would work For decades the international corporate tax system has irritated almost everyone — apart from shareholders of the world’s largest multinationals and countries with low tax rates. As companies’ share ... 04/8/2021 - 3:23 am | View Link
Amazon Backs Joe Biden On Tax Hike, Infrastructure Plan Chief executive Jeff Bezos made the comment in a statement days after Biden singled out the ... and cracking down on the use of tax havens. Last month, Biden cited a 2019 study showing 91 Fortune ... 04/6/2021 - 10:35 am | View Link
After swift backlash, Simon & Schuster said it would not distribute any copies of the book by Sgt. Jonathan Mattingly about the raid that killed Breona Taylor.
When Stacey Abrams tweeted a historic photo of Patricia Due being arrested during a protest, a husband and daughter thought she would be pleased to still be part of the current fight for voting rights.
Homesick while working in Australia, Brian Robson didn't have enough money to travel home to Wales. So he came up with a madcap idea: Ship himself in a crate via airfreight to London for a fraction of the fare.