Latest in Tax Rules Wealthy
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3.4mn tax returns still to be filed as deadline looms
HMRC is taking a tougher line on fines, experts warnFinancial Times - 1h -
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 - 7h -
UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says
The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed.CNBC - 12h -
'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 - 5h -
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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 - 13h -
Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Wealthy leaders share the financial advice they gave their kids, including invest early, budget —and think carefully about inheritance.CNBC - 1d -
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 - 1d -
Reeves to soften UK non-dom tax reforms
Chancellor tells Davos crowd that government had been ‘listening to concerns’Financial Times - 1d -
How is gold taxed?
Gold investments fall into several tax categories, experts say. Here's what to know this tax season.CBS News - 1d -
The New Rules of the Trump Era
Ezra Klein and Aaron Retica discuss the oligarchic power dynamics of the second Trump administration.The New York Times - 2d -
Trump’s assault on the global corporate tax regime
President threatens retaliation against ‘discriminatory’ levies on US multinationalsFinancial Times - 2d -
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 - 2d -
Council urged to scrap 'rat tax'
A councillor has put forward an amendment to a recent review of pest control charges.BBC News - 3d -
L.A. landlords accused of price gouging say they’re responding to unprecedented demand from wealthy wildfire victims
Some landlords lowered rents after MarketWatch asked about increases that appeared to violate laws against price gouging.MarketWatch - 6d -
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 -
Pompeii excavation unearths private spa for wooing wealthy guests
Thermal bath complex is latest discovery among ruins of Italian city destroyed by Vesuvius eruption in AD79. A large and sophisticated thermal bath complex that was believed to have been used by ...The Guardian - Jan. 17 -
Culture secretary rules out funding BBC from taxes
The culture secretary calls the TV licence "regressive" and is thinking "radically" about alternatives.BBC News - Jan. 17 -
Biden, in farewell address, warns about dangers of unchecked power in ultra-wealthy
President Biden, in his farewell address to the nation, said there is a "short distance between peril and possibility."ABC News - 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 -
Rich Men Rule the World
The holders of the vast majority of the world’s wealth? Men. So many men—from Trump and Musk and Putin to every CEO, crypto schmo, and solar bro in between.Wired - 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 -
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 -
Italian mayor vows to stop sale of Neapolitan islet to wealthy speculator
Bacoli mayor says his administration wants to buy Punta Pennata and turn it into an ‘open-air museum’. An Italian mayor has vowed to do everything in his power to stop Punta Pennata – a slice of ...The Guardian - 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 -
LA residents flee as fire engulfs wealthy Palisades enclave
Authorities order evacuations in coastal neighbourhood as strong winds fan flamesFinancial Times - Jan. 8 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - Jan. 4 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
Net neutrality rules defeated
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story FCC's net neutrality rules overturned by court A federal appeals court ruled Thursday the Federal ...The Hill - Jan. 2
