Latest in Downside Tax
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Large Shipping Nations Agree to Greenhouse Gas Tax
China, Brazil, and other major shipping nations agree to first-ever global tax on greenhouse gas emissions.Inc. - 4d -
The 3 Biggest Tax Mistakes Content Creators Make, According to Experts
Creator tax pros share tips on tracking income—which can include brand trips—saving for taxes, and navigating write-offs.Inc. - 8h -
North Sea oil deals allow companies to offset billions in tax liabilities
In three recent arrangements, operators with significant tax losses have merged with rivals with profitable assetsFinancial Times - 2d -
Trump threatens Harvard's tax-exempt status after freezing $2bn funding
Universities, as well as many charities and religious groups, are exempted from paying federal income taxes.BBC News - 1h -
This homeowner cut her heating bill in half — and got a $1,200 tax credit
The energy efficient home improvement credit offers up to $3,200 a year to taxpayers. Republicans may scrap the tax break as part of their legislative agenda.CNBC - 37m -
Tariffs won’t boost U.S. manufacturing — tax cuts will, Johnson & Johnson CEO says
For medical-technology and pharmaceuticals manufacturing, “the most effective answer is not tariffs but tax policy,” Johnson & Johnson CEO Joaquin Duato said.MarketWatch - 1h -
How the IRS layoffs could affect audits and refunds during tax filing season
Thousands of IRS employees have lost their jobs as part of DOGE's spending cuts, and the layoffs could affect essential agency functions during tax season.CNBC - 4d -
Can't pay your taxes by April 15? You have options, IRS says
You have options if you can't pay your taxes by April 15, according to the IRS. Here's what taxpayers need to know.CNBC - 3d -
How to Evade Taxes in Ancient Rome? A 1,900-Year-Old Papyrus Offers a Guide.
A manuscript discovered in the Judean desert contains trial notes on an intricate tax-evasion scheme that involved forgery, fiscal fraud and the false sale of slaves.The New York Times - 21h -
Some Online Scam Victims Can Now Seek Tax Relief on Firmer Ground
The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might be eligible for a tax break.The New York Times - 2h -
EU to give €1.6bn to Palestine amid Israel’s expanded Gaza offensive
Also in this newsletter: should the EU introduce an ‘Amazon tax’?Financial Times - 1d -
‘Trump Tax’? Business Owners Are Mulling Tariff Surcharges, and Reminders of Who Is to Blame
Small business owners are increasingly adopting special charges to offset higher costs from tariffs.Inc. - 1d -
Donald Trump threatens to remove Harvard’s tax exempt status
Warning comes as the university rejects the administration’s demands to overhaul its governanceFinancial Times - 1h -
Trump questions Harvard's tax-exempt status after funding freeze
The federal government has frozen $2.2 billion in funding for the Ivy League school.CBS News - 1h -
Trump Signals New Tariffs on Chips, Calling Exclusions Temporary
On Friday, the administration carved out an exception for a variety of electronics from the steep taxes now applied to Chinese imports.The New York Times - 1d -
Los Angeles continues to see decline in film and TV production, report says
The news of decreasing film production in Los Angeles comes as lawmakers continue pushing for a revamped film and TV tax incentive program.Los Angeles Times - 1d -
Faisal Islam: A UK-US deal sounds good but it is all about the detail
Britain is being taxed by US despite having no trade deficit but the UK may have some leverage.BBC News - 7h -
'Accountant 2' stars Ben Affleck and Jon Bernthal share how to see their movie early
Ben Affleck and Jon Bernthal shared a way to see their new movie “The Accountant 2” a little bit early in honor of Tax Day.NBC News - 3h -
Apr 15: CBS News 24/7, 10am ET
El Salvador's president says he will not return mistakenly deported man to U.S.; Common tax filing mistakes that can cost you.CBS News - 2h -
How to stabilize a region, gain a friend, and combat China: Partner with Africa
The U.S. should establish a U.S.-Africa Security Defense Tax Credit to incentivize American companies to invest in Africa's critical minerals sector, reducing dependence on China and fostering ...The Hill - 3d -
Apr 9: CBS News 24/7, 1pm ET
President Trump welcomes global leaders to the White House for negotiations over reciprocal tariffs; The White House pauses tariffs on most nations for 90 days but raises taxes on Chinese imports.CBS News - 1d -
Why a Ukrainian Lawmaker Is Pushing to Legalize Pornography
Ukraine makes tax revenue off the creators of pornographic content, but also threatens them with prosecution. A draft law aims to fix what many say is an unfair contradiction.The New York Times - 1d