According to a new IRS tax filing from the National Rifle Association (NRA), current and former executives used the nonprofit group’s money for personal benefit and enrichment, the Washington Post reports. “The NRA said in the filing that it...
Related topics: IRS
France’s finance ministry has sent out notices to tech companies asking that they pay a new digital service tax next month, Reuters reports. France applied a 3 percent tax on revenue from digital services earned in France by companies with...
Related topics: France, Reuters
It has been rumored for a few weeks that Square (NYSE: SQ) had been in talks to acquire Credit Karma's tax prep business, and now it's official. Square's Cash App announced today that it has agreed to acquire Credit Karma Tax for $50 million in...
Related topics: US Equity Markets
UK industry was decimated by a decade of closures. Northern cities were wastelands of shut-down, boarded-up shops. A homophobic new law called Section 28 barred teachers and local councils from even discussing LGBTQ matters. And a poll tax had just...
Related topics: United Kingdom, Polls
Emmanuel Macron, President of France speaks in Brussels on 2 October 2020.
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France has notified US Big Tech companies, including Facebook and Amazon, that it is levying its new 3% digital services tax for this year.
France put collecting the...
Related topics: France, Emmanuel Macron, Belgium, Brussels, Facebook, Social Media, Amazon, Amazon (AMZN)
MOSCOW (Sputnik) - Japan intends to relax taxation of foreign residents who have lived in the country for more than ten years to make the country more attractive as a financial hub, the Kyodo news agency reported on Wednesday.
Related topics: Japan, Russia, Moscow
From trade and sanctions to tax policy and financial regulation, the former Fed chair will be at the center of the new administration’s agenda.
Related topics: Fed
Here’s a cool one: DoNotPay, the legalese-trained email crawler that scours your inbox for ways to save you money (or earn you payouts from class action lawsuits), now helps you collect government tax fraud bounties. Natural language processing...
Related topics: Lawsuits
A provision of the 2017 tax law may make it difficult for Joe Biden to prevent oil drilling in the Alaska wildlife refuge. During his 2020 campaign for president, Democratic nominee Joe Biden pledged to protect the Arctic National Wildlife Refuge in...
Related topics: Joe Biden, Arctic
Conservative scholars and policymakers have given the Child Tax Credit (CTC) a lot of attention recently as an avenue to send families additional support while addressing declining fertility in the US. Expanding the CTC may seem attractive as a...
(Steven Hayward) News item: Biden has ambitious plans for gun control, including bans on certain kinds of weapons, an excise tax on so-called “assault” rifles, and of course more background checks. You can read all the dreary details...
Related topics: Joe Biden, Gun Control
For retirement savers, an individual retirement account (IRA) is a must-know vehicle in all of its forms. An IRA can come in either pre-tax or post-tax variety, and may or may not be connected with your current employment status. Below, you'll find...
Software dinosaur will run alongside new CDS platform, says HMRC A top civil servant has said UK tax collector HMRC has not set a date to end use of a vital 26-year-old customs system, even though plans to migrate began seven years ago.…
Related topics: United Kingdom
There is something to be said for tearing it all down and starting again. The flat tax, for example, has long been debated but has never been fully adopted in the United States. After the end of communism, however, many countries in Eastern Europe...
Joe Biden is set to become the next president of the United States. The president-elect put forth an ambitious tax plan prior to the election, but Americans shouldn't count on their tax situation changing anytime soon.The president cannot...
Related topics: Joe Biden
We reported on the 25th September that Apple had given in to the increasing pressure from the likes of Facebook to give small businesses a break from the 30% Apple Tax to help them move their business online during the COVID-19 pandemic. That...
Related topics: Apple (AAPL), Facebook, Social Media
The issue has become a bone of contention between European countries and the Trump administration. Washington abandoned international talks on the subject and President Donald Trump even threatened to impose tariffs on European products if France...
Related topics: Joe Biden, Donald Trump, France
Health savings accounts can save you a lot of money in the long run. There are some great tax benefits to putting in your own contributions as well. In this video from the Motley Fool Live Financial Planning series, longtime contributor and Director...
Related topics: Business Videos
Payroll taxes are Social Security's most important funding source, as they provide the bulk of the money the entitlement program receives. Virtually all workers pay Social Security taxes in the United States, and the amount you pay directly...
Related topics: Social Security
Investing enough for retirement is a major challenge, especially since you'll need a large nest egg to help supplement your Social Security benefit. The good news is, the government wants to help -- and it does that by providing substantial tax...
Related topics: Social Security