MARY DALRYMPLE, AP Tax Writer
China's Cabinet issued a document in April on pushing forward the development of its first-ever private pension plan amid the challenge posed by the country's increasingly ageing population. Under the new pension scheme, individuals can invest in a range of financial products from their private p...
China's Cabinet issued a document in April on pushing forward the development of its first-ever private pension plan amid the challenge posed by the country's increasingly ageing population. Under the new pension scheme, individuals can invest in a range of financial products from their private p...
CHET BRIDGER
BEIJING, Nov. 14 (Xinhua) -- China will extend tax breaks to outsourcing service providers in more cities as part of attempts to boost service trade, the Ministry of Finance said Monday. Service firms with advanced technology in 10 cities, including Shenyang, Urumqi, Qingdao and Ningbo, will...
A 50-year-old worker who pays a 24% tax rate and maxes out his IRA would save $1,920 on his current tax bill. That's $240 more than the maximum possible tax break of $1,680 for a younger retirement saver in the same tax bracket. Low- and moderate-income seniors who contribute ...
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Note: I'm in the Central Time Zone, so adjust accordingly for where you live. Time for Tax Tasks Ho 🎅 Ho 🎅 Ho!December is here!You better watch out. You better not cry. But you better make some year-end tax moves this December or next April 15 could turn out to be the ...
BEIJING, June 7 (Xinhua) -- China will expand tax breaks for small businesses in a move to reduce corporate burden and support economic growth, authorities said Wednesday. From Jan. 1, 2017 to Dec. 31, 2019, small businesses with an annual taxable income of no more than 500,000 yuan (...
·The Tax Cuts Act will raise $4 trillion in revenue by getting rid of dozens of special interest tax breaks and closing loopholes for corporations and wealthy individuals. oThe revenue generated by eliminating these tax breaks and loopholes will be used to help offset the tax cuts for American...