Finance News – Tax Bill
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ATO reviews decision to dump Keating tax bill
The Australian Taxation Office is reassessing its choice to waive over $950,000 in additional charges linked to a tax obligation of an investment firm associated with Paul Keating.
Read Full Article →UK gambling industry launches summer charm offensive to head off tax rise
Industry representatives are engaging in strategic efforts to influence policymakers and prevent potential adjustments that could increase the financial burden on the gambling sect...
Read Full Article →ATO accused of dumping tax bill for ex-PM Paul Keating’s company
The Australian Taxation Office is facing scrutiny for allegedly forgiving approximately $1 million in penalties and interest tied to an investment firm once associated with former...
Read Full Article →Burgertory CEO quits amid 'targeted attacks' and $1 million tax bill
The departure of Burgertory’s CEO follows a significant tax liability totaling $1 million linked to multiple associated businesses, potentially impacting the company’s financial st...
Read Full Article →Here’s when no taxes on overtime and tips, and other parts of Trump’s big bill, will kick in
Key provisions of the recent GOP tax and spending legislation will gradually take effect, impacting overtime earnings, tips, and other financial aspects for Americans over a schedu...
Read Full Article →Apple: UK tax bill surges as profit passes £1bn
Apple’s recent financial disclosures reveal a substantial increase in its UK corporation tax contributions, reflecting a noteworthy rise in profitability exceeding one billion poun...
Read Full Article →Trump celebrates tax bill passing, Reeves must boost headroom to £30bn, says ex-Bank of England depu...
The approval of a major tax and spending reform highlights the need for increased fiscal capacity in the UK, as rising government expenditures limit flexibility amid varying sector...
Read Full Article →Bitcoin ETF Inflows Surge Past $600 Million for First Time Since May
Investors increasingly allocated funds to cryptocurrency-related exchange-traded funds, driven by prominent asset managers and recent political and economic developments, reflectin...
Read Full Article →Trump’s tax-and-spending bill passes step in House, paving way for legislation
The approval of a crucial procedural rule in the House allows for debate on a significant tax-and-spending measure, potentially impacting federal budget allocations and economic po...
Read Full Article →Bitcoin price today: muted at $106k as trade, tax bill uncertainties persist
The current value of Bitcoin remains steady around $106,000, reflecting cautious investor behavior amid ongoing concerns about regulatory developments and the impact of potential t...
Read Full Article →What’s in Trump’s major tax bill? Extended cuts, deportations and more
The legislation provides significant tax relief for high earners, allocates funding for immigration enforcement initiatives, and is projected to substantially increase the federal...
Read Full Article →Bitcoin price today: falls to $106k amid US trade, tax bill uncertainty
The recent decline in Bitcoin's value to $106,000 reflects market reactions to ongoing uncertainties surrounding US trade policies and proposed tax legislation.
Read Full Article →Dow Jones up on strong trade news, Trump’s tax bill
U.S. stock markets continued to climb as favorable developments in trade negotiations and anticipated changes in tax legislation improved investor optimism and financial market out...
Read Full Article →Elon Musk calls Trump’s big bill ‘utterly insane and destructive’ as Senate debates
Elon Musk warned that the proposed legislation could severely damage the economy by eliminating numerous employment opportunities and negatively impacting the nation’s long-term fi...
Read Full Article →2025 SALT Cap Could Hurt Top 'Hidden Home Cost'
The proposed 2025 tax changes may increase the financial burden associated with homeowner expenses that are often overlooked, potentially impacting overall housing affordability an...
Read Full Article →Senate GOP tax bill gives break on car loan interest — but not all vehicles qualify
The proposed legislation aims to provide a financial benefit by allowing deductions on auto loan interest, although its applicability may be limited depending on the type or condit...
Read Full Article →Solar stocks plummet as Senate version of Trump's tax bill cuts renewable energy incentives
The potential elimination of renewable energy incentives by 2028 in the Senate’s tax proposal has led to a notable decline in the market value of companies involved in solar power.
Read Full Article →The pros and cons of a $1,000 baby bonus in 'Trump Accounts,' according to experts
The introduction of a government-funded $1,000 deposit into children's savings accounts within the House GOP's tax legislation could influence family financial planning and long-te...
Read Full Article →The Trump GOP Tax Bill Could Worsen California Cost of Living
Changes to federal tax policies proposed by Republican legislators could lead to increased household expenses in California, particularly affecting energy costs and overall afforda...
Read Full Article →'Collateral damage': Fund managers lobby Congress over Section 899 to avert foreign investors leavin...
Fund managers are urging lawmakers to reconsider Section 899, citing concerns that recent tax legislation may discourage overseas investors from participating in the U.S. equity ma...
Read Full Article →What Canadian investors need to know about the Trump tax bill
Canadian investors should carefully evaluate how recent changes in U.S. legislation may substantially increase the taxes they owe on income received from American corporate dividen...
Read Full Article →Trump 'not interested' in call with Musk, White House official says
The disagreement between Elon Musk and President Trump over the tax legislation highlights potential divisions among influential figures regarding fiscal policy and its impact on e...
Read Full Article →Trump’s tax bill creates new risks for investors. What now?
The recent changes in U.S. tax regulations may lead to increased withholding tax rates on dividend payments to Canadian investors, potentially affecting their overall returns and i...
Read Full Article →Why Wall Street and Main Street should be rooting for Trump’s tax bill to fail
Preventing substantial reductions in social programs while lowering the national deficit could enhance investor confidence and demonstrate the United States’ commitment to fiscal r...
Read Full Article →Trump news at a glance: Elon Musk rallies voters to ‘kill’ the president’s signature tax bill
Elon Musk’s public criticism and mobilization against the proposed tax legislation may influence investor confidence and impact the bill’s potential effects on financial markets an...
Read Full Article →Trump tax bill would add $2.4 trillion to deficits, Congressional Budget Office says
The proposed budget legislation is projected to increase the national debt by $2.4 trillion, raising concerns among some political leaders and economists about its long-term econom...
Read Full Article →Trump’s tax bill would add $2.4tn to US debt, says non-partisan analysis
The Congressional Budget Office projects that the proposed tax legislation would significantly increase the federal deficit over ten years, impacting government finances and potent...
Read Full Article →Mortgage Rates Have Erased Their Trump Tax Bill Bump—Dropping Back to a 3-Week Low
Recent declines in home loan interest have reversed previous increases linked to fiscal policy changes, returning to levels not seen in the past three weeks and potentially affecti...
Read Full Article →'Fantasy math' masks tax bill's U.S. debt impact, GOP lawmaker said. What the deficit means for your...
The proposed legislation is projected to increase national debt substantially over ten years, which could influence interest rates on personal borrowing and affect returns in finan...
Read Full Article →Trump’s tax bill helps the rich, hurts the poor and adds trillions to the deficit | Katrina vanden H...
The recent legislation significantly reduces taxes for high-income individuals, increases the national debt by nearly four trillion dollars over ten years, and is criticized for di...
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