Latest in Narrows Tax Gap
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U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.Business - The Wall Street Journal - October 14 -
The Papers: 'Prepare for higher taxes' and 'I legally punished' Sara
Some of Tuesday's papers lead on the chancellor's hint that business taxes will rise.Top stories - BBC News - October 15 -
Would Donald Trump’s taxes on trade hurt US consumers?
What could happen if Donald Trump drastically increases tariffs as he has promised to do?Top stories - BBC News - October 14 -
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For Entrepreneurs Hit by Hurricanes Helene and Milton, Tax Relief Is Here
The IRS extends its October 15 deadline for storm victims and reminds taxpayers about casualty loss deductions available.Business - Inc. - October 15 -
UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’Business - Financial Times - October 15 -
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All of Kamala Harris’s and Donald Trump’s proposed tax breaks — in two charts
Democratic presidential nominee Kamala Harris and Republican rival Donald Trump have floated many tax plans as they compete for votes in the tight White House race.Business - MarketWatch - October 16 -
Wealthy non-doms lobby UK for Italian-style tax regime
Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of richBusiness - Financial Times - October 15 -
Can I transfer my property to my son to reduce tax liabilities?
I own a second home in Cornwall and spend a few weeks there every yearWorld - Financial Times - October 16 -
Hong Kong cuts liquor tax in an effort to reignite its nightlife industry
Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining sceneWorld - ABC News - October 16 -
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Reeves expected to focus rise in capital gains tax on share sales
Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gapBusiness - Financial Times - October 16 -
Voters to decide if Northwestern Local Schools income tax will be repealed
For about 30 years, Northwestern Local Schools have received almost $3 million a year from a local income tax. But that could change come election day.Sports - Yahoo Sports - October 16 -
Tax on Europe’s frequent flyers could raise €64bn a year – study
Levy rising by €100 for each return flight after the first in a year could cut emissions by 21%, report says. A “jet-setter” tax on Europe’s frequent flyers could slow global heating and raise ...World - The Guardian - October 17 -
Trump tariffs: These states would be hit hardest by proposed import taxes
Donald Trump’s most controversial economic-policy proposal is to institute a 10% tariff on all products and materials imported from abroad, a move that would upend decades of U.S. trade policy and ...Business - MarketWatch - October 18 -
The Deciders: Nevada workers skeptical over Harris and Trump’s ‘no tax on tips’ promise
NBC News Correspondent Steve Patterson joins Meet the Press NOW to report on how Nevada’s service and hospitality workers are reacting to Vice President Harris and former President Trump both ...Politics - NBC News - October 17 -
Employers’ national insurance rise a risk for SMEs, tax experts warn
Keir Starmer refuses to rule out increase in this month’s BudgetBusiness - Financial Times - October 18 -
Trump’s tariffs pose a greater risk to markets than his tax cuts
They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the potential for widespread retaliation.Politics - The Hill - October 18