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Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 5h -
AstraZeneca reports 38% jump in pre-tax profits to $8.7bn
Firm reports leap in profits amid strong sales of cancer, lung and immunology treatments a week after pulling plug on Merseyside investment. AstraZeneca has reported a jump in annual profits ...The Guardian - 7h -
Santander profits rise at UK arm
Spanish lender says it faces competitive environment in market where future of its business remains in doubtFinancial Times - 1d -
More than a million miss tax return deadline
Thousands of people left it to the last minute before the cut-off at the end of Friday.BBC News - 3d -
Wine and spirits duty to rise but tax on a pint to fall
A trade body calls the rise in alcohol tax a "bitter blow", but there is better news for pub-goers.BBC News - 6d -
Millions yet to file tax returns as deadline looms
People risk a penalty, the HMRC has warned, without a reasonable excuse for delays.BBC News - 6d -
Dems launch group to hit Trump on tax cuts
Organizers say the nonprofit will be backed by an eight-figure funding campaign.Politico - Jan. 30 -
4 ways a tax relief service can reduce your tax bill
If you owe back taxes to the IRS, the right tax relief service could help reduce your bill. Here's how.CBS News - Jan. 29 -
Tax scams: What to watch for in 2025
Each year, scammers refine their tactics to trick taxpayers out of their money. Here's what to watch for this year.CBS News - Jan. 28 -
IRS starts new tax rule for digital income
A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...CBS News - Jan. 28 -
Bans, Fees, Taxes. Can Anything Stop Overtourism?
Efforts to limit visitors in tourist hot spots have had mixed results, at best. Competing interests have a way of impeding attempts to stem the tide.The New York Times - Jan. 28 -
Abramovich dodged millions in tax with superyachts-for-hire scheme
Shell companies were used to charter the sanctioned oligarch’s yachts to himself, evading VAT, BBC reveals.BBC News - Jan. 28 -
Why the IRS may be coming to tax your cryptocurrency
This is how many crypto investors evade taxes.MarketWatch - Jan. 27 -
3.4mn tax returns still to be filed as deadline looms
HMRC is taking a tougher line on fines, experts warnFinancial Times - Jan. 25 -
How to Invest During a Presidency With a Deep Devotion to Profits
Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to rejoice, our columnist writes.The New York Times - Jan. 24 -
'Good luck with that': Democrats dubious of working with Trump on taxes
Democrats are sounding highly dubious about working with Republicans on tax reform after President Trump said Thursday he’s interested in a bipartisan approach to one of the top Republican ...The Hill - Jan. 24 -
Edinburgh becomes first 'tourist tax' city in Scotland
A tourist tax designed to raise £50m annually will be introduced to Edinburgh from next year.BBC News - Jan. 24 -
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‘Will I be caught in a 76% inheritance tax trap?’
The questions families are asking their advisers, following the IHT shake-upFinancial Times - Jan. 24 -
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code's casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty tax ...The Hill - Jan. 23 -
Reeves to soften UK non-dom tax reforms
Chancellor tells Davos crowd that government had been ‘listening to concerns’Financial Times - Jan. 23 -
How is gold taxed?
Gold investments fall into several tax categories, experts say. Here's what to know this tax season.CBS News - Jan. 23 -
Trump’s assault on the global corporate tax regime
President threatens retaliation against ‘discriminatory’ levies on US multinationalsFinancial Times - Jan. 22 -
A 'National Tragedy' in India: Popcorn Is Taxed Three Ways
Critics say the multiplicity of tax rates on the humble snack is emblematic of why India remains a difficult place to do business.The Wall Street Journal - Jan. 22 -
Council urged to scrap 'rat tax'
A councillor has put forward an amendment to a recent review of pest control charges.BBC News - Jan. 21 -
Apple is accused of profiting from 'blood minerals'
The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.Financial Times - Jan. 21 -
Senate GOP spikes House tax plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP rejects House conservative tax pitch Senate Republicans are tossing ...The Hill - Jan. 17 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - Jan. 17 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
How to Pay Your Taxes Online
Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.Wired - Jan. 14 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - Jan. 12 -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - Jan. 11 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
IRS announces the start of the 2025 tax season
The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.CNBC - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - Jan. 9
