june 30, 2024 by reuters | june 30, 2024, at 12:15 a.m. save comment more australia treasurer confident july 1 tax cuts won't stoke inflation more reuters australian treasurer jim chalmers poses for a photograph as he arrives to attend a g20 finance ministers' and central ...
BUENOS AIRES, Jan. 1 (Xinhua) -- Argentine President Javier Milei on Wednesday announced plans for more tax cuts and deregulation in 2025 to improve social indicators. "In 2024 we showed that a fiscal adjustment of 15 percent of GDP can be made (with nearly 95 percent of the adjustment bo...
…The deal also cuts the state’s flat 5.25% personal income tax rate in stages to 3.99% by July 1, 2027. …North Carolina ranks tenth on the Tax Foundation’s 2021 state business tax climate index, and these reforms will make it even more competitive. …North Carolina has an unreserved...
…Discussing tax reform during his address, Polis said, “I was proud to have supported two successful income-tax cuts at the ballot and since I took office our income-tax rate has gone from 4.63 percent to 4.44 percent, helping produce strong economic growth and low unemployment.”…“It’...
November 15, 2024 President-elect Donald Trump campaigned heavily on bringing back U.S. manufacturing, extend the Tax Cuts and Jobs Act, curtail federal funding for clean energy, and use tariffs to boost the manufacturing sector. UtilityDive recently broke down the top four issues to keep an...
Sunday, September 01, 2024 However, opponents of the Internal Revenue Service's option that cuts out private tax software companies still aren't convinced of the program's value or security. UPDATE, Sept. 5, 2025: Has your state joined Direct File? Check out this special Direct File 2025...
New VAT law effective as from 1 January 2026 2 January 2025 On 25 December 2024, China’s much anticipated VAT law was formally ratified by the Standing Committee of the 14th National People’s Congress (NPC) of China and subsequently promulgated as Order No. 41 by the president of the Pe...
At least we know it will be exciting on the tax front, with the Tax Cuts and Jobs Act’s individual tax provisions set to expire on Dec. 31. Congress will have its hands full either extending or revising the tax provisions. But don’t worry. The ol’ tax blog will be here through...
Jul 2024 Trump pledges to extend the tax cuts his administration enacted in 2017. The Tax Cuts and Jobs Act lowered the corporate tax rate from 35 to 21 percent, and Trump recently said he would like to bring down the corporate rate even further to as low as 15 percent. “We’ll do...
The Child Tax Credit was a nonrefundable credit but became partially refundable (up to $1,700 in 2024 and 2025) as a result of theTax Cuts and Jobs Act (TCJA).1415If a taxpayer had a large enough tax liability, the full amount of the Child Tax Credit was $2,000.16 ...