Volkswagens 14bn Tax Bill in India
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Volkswagen challenges $1.4bn ‘life and death’ tax bill
Also in this newsletter: X sues the government over ‘censorship’ and Viswanathan Anand’s mantraFinancial Times - 1d -
Rachel Reeves sets out £14bn package to repair UK public finances
UK chancellor makes long-awaited announcement ahead of £24bn in tax rises from next monthFinancial Times - 22m -
Rachel Reeves sets out £14bn package to repair UK public finances
UK chancellor makes long-awaited announcement ahead of £24bn in tax rises from next monthFinancial Times - 22m -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - Mar. 10 -
Senate passes bill that seeks to keep D.C. government's use of local tax dollars intact
The government funding bill that's headed to the White House limits Washington, D.C.’s ability to fully use its local tax dollars. The Senate-passed measure aims to fix that.NBC News - Mar. 14 -
How to gift your way to a lower inheritance tax bill
As IHT bills hit a record high, financial planners recommend consumers plan before the rules change from 2027Financial Times - 4d -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - Mar. 8 -
Is Boston Celtics owner Wyc Grousbeck hinting his successor plans to cut salary?
"It’s not the luxury tax bill, it’s the basketball penalties," said GrousbeckYahoo Sports - 2d -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.NBC News - Mar. 10 -
Iconic Volkswagen microbus gets an electric revival
Today marks 75 years since Volkswagen first began manufacturing its beetle-based "bus." For those of a certain generation, the microbus is one of the most recognizable and beloved vehicles to ever ...CBS News - Mar. 8 -
Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat
Porsche is part of Volkswagen Group, which has an assembly plant and other facilities in the U.S.CNBC - Mar. 12 -
The Size of the Tax Cut
We explain how Republicans are approaching taxes.The New York Times - 4d -
Trump tells Senate GOP he wants a debt limit increase in his tax bill
Politico - 22h -
How the rich use insurance to invest in private credit without steep tax bills
Private credit has exploded in popularity among investors, with the market soaring from $1 trillion in 2020 to $1.5 trillion at the beginning of 2024, according to alternative data provider Preqin.NBC News - 20h -
GOP rallies behind debt limit hike in Trump tax bill, speedy timeline
Top Republican lawmakers emerged from a meeting at the Treasury Department on Tuesday saying the House and Senate are moving closer together on key aspects of how to unlock President Trump’s ...The Hill - 14h -
Celtics' new ownership group already faces a difficult task
A group led by venture capitalist Bill Chisholm now owns the most successful franchise in league history, but a massive tax bill comes due next season.Yahoo Sports - 5d -
Holi 2025: India comes alive with the festival of colours
The festival, celebrated in India and abroad, commemorates the victory of good over evil.BBC News - Mar. 13 -
The crisis at IndusInd, India’s fifth-largest private bank
Also in this newsletter: Starlink set to enter India and inflation cools offFinancial Times - Mar. 14 -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12 -
There can be a 'survivor's penalty' after a spouse dies — here’s how to avoid it
After your spouse dies, you could face a surprise higher tax bill, financial experts say. But it's possible to prepare with advanced planning.CNBC - Mar. 18 -
Elon Musk’s Starlink Pushes Its Way Into India
By signing deals with India’s two biggest telecom players, the tech tycoon and Trump adviser has improved his odds of breaking into an enormous market.The New York Times - Mar. 13 -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.The New York Times - Mar. 11 -
India edge out New Zealand to win Champions Trophy
India win the Champions Trophy for a record third time after a four-wicket victory over New Zealand in Dubai.BBC News - Mar. 9 -
India’s Champions Trophy title comes with an unnecessary asterisk
Comfortably the finest white-ball international side in the world are now reigning champions in two of the three global tournaments. India’s four-wicket victory over New Zealand in Dubai ...Yahoo Sports - Mar. 9 -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - Mar. 11 -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - Mar. 10 -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - Mar. 11 -
The Papers: 'Starmer threatens Putin' and 'council tax soars'
Friday's front pages cover proposals for a Ukraine military deployment and council tax rises.BBC News - 5d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - Mar. 8 -
The looming budget question: Will Medicaid cuts fund tax cuts?
Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.The Hill - Mar. 14 -
Trump's tariffs could push U.S. allies elsewhere — including China and India
U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U.S. diplomat Wendy Cutler.CNBC - Mar. 14 -
Pakistan accuses India of sponsoring militant terror group after train hijacking
A spokesperson offered no evidence for the claim after 26 people were killed on a train that was hijacked in Balochistan province on Tuesday. Pakistan’s military has accused neighbouring India of ...The Guardian - Mar. 14 -
Monday Briefing: Violence Continues in Syria
Plus, reading festivals in India.The New York Times - Mar. 9 -
How to avoid identity theft during tax season
Nearly two-thirds of people worry scammers will steal their personal information to file a fraudulent tax return, according to an Allstate Insurance survey.The Hill - 2d -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - Mar. 12 -
Water Balloons and Bollywood, India covers itself with color on Holi festival
NEW DELHI — There's no way to avoid getting smeared with colored powder, hosed with water guns or hit with sparkle-filled water balloons if you venture out of your home in India on Friday.NBC News - Mar. 14 -
Cash in at Tax Time: Here Are the Small Business Tax Benefits of Financing and Leasing Equipment
Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you need to know.Inc. - Mar. 18 -
Laviska Shenault to sign with Bills
The Bills are set to add another player to their receiving corps.Yahoo Sports - Mar. 13 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11
