Finance News – Levy
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Canada scraps tech tax to advance Trump trade talks
The removal of the proposed levy on technology firms aims to improve trade relations between Canada and the United States, potentially influencing cross-border investments and econ...
Read Full Article →Brazil ends crypto tax break, imposes 17.5% levy on gains
Beginning June 12, Brazil will apply a 17.5% capital gains tax on all cryptocurrency transactions, eliminating the former monthly exemption that benefited smaller investors.
Read Full Article →Gold Coast residents slugged one-off $10 payment for cyclone clean-up
Residents of the Gold Coast faced an additional charge in their local rates to help fund the $50 million expenses associated with recovery efforts after the recent natural disaster...
Read Full Article →Trump's 50% steel tariffs hit the world but UK spared full blow
The new U.S. duties on steel and aluminum imports have significant economic implications globally, although the United Kingdom faces reduced impact due to exceptions in the applied...
Read Full Article →UK temporarily spared from Trump's 50% metal tariffs
The UK continues to face a 25% import duty on metals for US companies, while other nations are subject to a higher 50% tariff, affecting trade costs and competitiveness.
Read Full Article →58% of U.S. imports exempt from Canada's retaliatory tariffs, says new report
Over half of American products brought into Canada remain unaffected by the recent 25 percent tariff applied to $30 billion in goods, potentially mitigating economic impact on bila...
Read Full Article →As Trump hits E.U., phone makers with fresh threats, here’s where all his tariffs stand now
Recent announcements indicate escalating import duties on European goods and mobile devices, potentially impacting international trade costs and market dynamics as ongoing negotiat...
Read Full Article →Trump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’
The planned introduction of a 50% import duty on goods from Europe starting next month could disrupt trade flows and potentially impact financial markets due to increased costs and...
Read Full Article →Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K
The announcement of substantial tariffs on European goods and Apple products has led to a notable decline in Bitcoin’s value, reflecting investor concern over escalating trade tens...
Read Full Article →Victorian councils 'deeply reluctant' to enforce controversial levy
Several local governments in Victoria are concerned that widespread non-payment of the emergency services charge could lead to decreased funding for essential public services and b...
Read Full Article →SES members hope controversial funding path will pass
The proposed legislation to generate revenue for Victoria's emergency services via a new levy is anticipated to be reconsidered in parliament following a recent postponement.
Read Full Article →White House announces U.S.-China trade deal, offers few details
The recent agreement between the two countries aims to alleviate ongoing trade tensions that have significantly impacted tariffs, potentially influencing import costs and economic...
Read Full Article →This is why the UK’s tech tax still riles Washington
The UK's Digital Services Tax, a two percent charge implemented in 2020, remains a point of contention as it impacts major American technology companies and complicates bilateral t...
Read Full Article →Volunteer firefighters launch protest against Allan's 'horrendous' tax
The proposed new levy introduced by the Allan government has prompted demonstrations from CFA volunteers and farmers, highlighting concerns about its potential economic impact on l...
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