Uk Tax Billions
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UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.CNBC - Business - United Kingdom -
HMRC’s struggles pose ‘a threat to tax compliance’
Authority’s chief in talks with ministers over additional fundingFinancial Times - World -
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Direct File website processed more than 140,000 returns, exceeding a goal announced in March.The Wall Street Journal - World -
Putin’s War Will Soon Reach Russians’ Tax Bills
Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.The New York Times - World - Russia -
Putin’s War Will Soon Reach Russians’ Tax Bills
Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.The New York Times - Top stories - Russia -
Billionaire tax to bolster Social Security popular in swing states
Voters in swing states are overwhelmingly supportive of taxing billionaires to support Social Security benefits, a new survey found. More than three-fourths — 77 percent — of voters across seven key swing states approved of the idea of raising ...The Hill - Politics -
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Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
Biden vs. GOP: Tax fight heats up ahead of election
Rhetoric is heating up on competing visions for taxes from Democrats and Republicans ahead of the 2024 election, which will determine whether the individual provisions in the 2017 Trump tax cuts are extended, modified or thrown into the ...The Hill - Politics - Joe Biden -
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Direct File website processed more than 140,000 returns, exceeding a goal announced in March.The Wall Street Journal - World -
The IRS declared its foray into online tax preparation a success and is considering expansions.
The IRS declared its foray into online tax preparation a success and is considering expansions.The Wall Street Journal - World -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - World -
Chinese spying claims in the UK – and beyond
Plus, the PM’s big move on defence and Labour’s rail renationalisation plansFinancial Times - World - United Kingdom -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis. Billionaires should pay minimum 2% wealth tax, say G20 ministersWhen the governors of the World Bank and the International Monetary Fund ...The Guardian - World -
That sinking feeling: why long-suffering Venice is quite right to make tourists pay | Simon Jenkins
The overcrowded city is leading the way with a tax on day trippers. Surely other great European destinations should follow suit. Venice has had enough. It is sinking beneath the twin assaults of tourism and the sea and believes the answer lies in ...The Guardian - World -
I’m going to inherit $6 million in property along with my two siblings — is there a ‘clever’ way to avoid capital-gains tax?
“There are three siblings who are heirs, including me. What happens with the eventual distribution upon my surviving parent’s death?”MarketWatch - Business -
IRS free tax filing pilot processed more than 140,000 returns, saved consumers $5.6 million in prep fees
This season, the IRS Direct File pilot helped more than 140,000 million taxpayers file taxes for free and saved $5.6 million in tax prep fees.CNBC - Business -
IRS calls its free Direct File tax-prep tool a success. Will it be back in 2025?
The IRS’s Direct File platform prepared federal income-tax returns for nearly 141,000 households, exceeding officials’ goal of handling 100,000 returns.MarketWatch - Business -
Micron Will Receive $6.1 Billion to Build Semiconductor Plants
The grant to the memory chipmaker is the latest federal award aimed at boosting U.S. chip manufacturing.The New York Times - Tech -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Ukrainian ambassador discusses $61 billion aid package
After months of negotiations, debate and Capitol Hill visits from foreign leaders, a much-anticipated foreign aid bill finally became law Wednesday with President Biden's signature. Oksana Markarova, Ukrainian ambassador to the U.S., joins CBS ...CBS News - Top stories - Ukraine -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - Business -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - Business -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Anglo Rejects BHP's $39 Billion Bid
The U.K.-listed mining giant’s chairman said BHP’s proposal undervalues the company and is unattractive for its shareholders.The Wall Street Journal - World -
Anglo Rejects BHP's $39 Billion Bid
The London-listed mining giant said the bid “significantly undervalues” the company, setting the stage for a potential bidding war.The Wall Street Journal - Business -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - Business -
Thoma Bravo agrees to buy Darktrace for $5 billion
Private-equity firm Thomas Bravo agreed to buy U.K. cybersecurity company Darktrace for $5 billion, in what would end the company’s brief but rocky spell as a listed company.MarketWatch - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - Business - United Kingdom -
UK imposes sustainable fuel targets on airlines
Move is expected to push up prices as aircraft switch to 10% blend of greener fuels by 2030Financial Times - World - United Kingdom -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - World - United Kingdom