SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Thursday signed into law a 20% tax on international purchases of up to $50, despite having previously criticized the measure. Lula signed the bill into law during a meeting of his Council for Sustainable Economic and Social Development in Brasilia. The tax on […]
TRENTON, New Jersey — New Jersey Gov. Phil Murphy is poised to sign a $56.6 billion spending plan and a tax hike on the state’s largest corporations to fund public transportation. The state Legislature on Friday sent the annual spending bill as well as legislation to implement new tax hikes to Murphy’s desk. He is […]
By David Lawder (Reuters) – The United States and India have extended a standstill agreement on U.S. retaliation over India’s digital-services tax until Sunday, aligning it with a fast-approaching deadline for a global deal to reallocate taxing rights on the world’s biggest and most profitable companies, the U.S. Treasury said on Friday. In a brief […]
By Hannah Lang (Reuters) – The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors, to report new information on users’ sales and exchanges of digital assets to the Internal Revenue Service. The new requirements aim to crack down on crypto users who may be failing to pay […]
As Kenya faced deadly protests over a hugely unpopular tax hike bill in June, reports surfaced of police opening fire on protesters in the Githurai 45 area, some 16 kilometres from the capital Nairobi. Social media users shared a viral clip of people carrying fire torches, alleging it showed a night vigil held in the […]
A court in Kenya on Thursday approved a decision to send in the army as police backup, as protests continue against a controversial tax bill that the government has promised to withdraw. While armoured military vehicles could be seen in the city, the court ruled in the evening that the deployment authorized by parliament was […]
The income limit for seniors, disabled, or service-connected disabled veterans to qualify for a property tax exemption jumped across Washington state this year, and the number of individuals applying for the break has dramatically increased in Kitsap County through the first half of 2024. The Washington State Legislature passed the Substitute House Bill 1355 in […]
Despite the promised withdrawal of Kenya’s controversial tax bill, protests continued against the government of President William Ruto on Thursday, with gunfire reported in Nairobi. The situation was tense in the capital, where demonstrators announced a march to State House, Ruto’s official residence. Access roads were cordoned off over a wide area and numerous police […]
A Broward County RV dealership owner was arrested Wednesday night after being accused of not payingnearly $500,000 in state taxes. Gigi Stetler, 62, owns RV Sales of Broward in Dania Beach where she “collected and failed to pay a minimum of $471,447.35 in sales tax” to the Florida Department of Revenue from May 2019 to […]
Police in Kenya fired tear gas on protesters as a fresh wave of demonstrations swept the country, despite President William Ruto’s U-turn on controversial tax plans. Fresh protests dubbed “One Million People March” began Thursday, with demonstrators calling for roads leading to the capital Nairobi to be blocked. Others threatened to occupy the State House, the president’s […]
Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire others such as Ireland to follow. Cattle farmers in the Scandinavian country are set to be charged almost €100 a year for the greenhouse gas […]
ST. LOUIS – A $1.2 billion redevelopment project for the St. Louis riverfront is one step closer to taking shape as board members approved a key tax break. On Tuesday, board members with the St. Louis Land Clearance for Redevelopment Authority approved a sales tax exemption on construction materials for a riverfront plan known as […]