such as the regressive effect of unfair tax burden, tax shifting is not stable, may cause inflation; the deeper reason is the political obstacles, lawmakers are concerned that the introduction of a value-added tax will cause the central and local conflicts in the tax sovereignty and interests....
During a September speech at the Ronald Reagan Presidential Library in California, Ducey deplored the fact that “a dangerous strain of big-government activism has taken hold” in the Republican Party, and “for liberty’s sake we need to fight it with every fiber in our beings”. Amen. Whe...
Fact checked by Jared Ecker TheTax Cuts and Jobs Act (TCJA)was a major overhaul of thetax code, signed into law by President Donald Trump on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017, by a party-line vote of 51 to 49. The House passed its version by a vote of 224...
Tax havens are places with special tax rules that make them attractive to individuals and companies. They are important because they allow people to pay less in taxes, protect their money, and bring in investments from around the world. However, they have caused problems like illegal tax avoidan...
Considering the fact that, in the past two months, the General Directorate for the Administration of Large Taxpayers (“DGAMC”) started sending official notifications to large taxpayers regarding some risk indicators used in the risk analysis, the question arises whether these have any fiscal conseq...
Pro-Active Business Entity Tax Planning, PTET Calcs, SALT Workaround[more]$500 to $750Add-On* Annual Tax Reduction, Shifting, Deferral Analysis[more]$350 to $500 Small Business Tax Deductions, Optimization[more]Included Section 199A QBI Deduction, Tax and Salary Optimization[more]$300 ...
prospects for enactment, however, appear dim, given the current composition of Congress. Nonetheless, taxpayers should keep track of these proposals. The fact that these proposals appeared in past legislation and budgets indicates that they could be used again as revenue offsets in future legislatio...
Consider diversifying your portfolio by buying the top stocks from each of the 11 sectors. Glenn FydenkevezDec. 13, 2024 Investing in Real Estate in 2025 Real estate investors can find opportunities in up and down markets, and several destinations within and outside the U.S. are solid picks...
Tax Day may still be months away, but there are plenty of tax-planning strategies you can consider before then to help manage your 2024 tax bill. In fact, certain tasks should not—or in some casescannot—wait until next year, lest you miss out on potentially important tax-saving opportuni...
Several international organisations have developed programmes and actions that are specifically designed to combat aggressive tax actions. Initiatives such as the Base Erosion and Profit Shifting Project (BEPS Project) promoted by the Organisation for Economic Cooperation and Development (OECD) G20 highligh...