Latvia advances gambling tax hikes to 2026; operators warn closures of halls and tables could cut revenue, challenging government’s €9.2 million forecast.| World Casino News
The U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, Inc. (138 S. Ct. 2080, 2018) overturned years of precedent that had precluded states from imposing sales taxes on sellers who derived sales from a state but had no physical presence there (e.g., payroll or property). Today, the impact of Wayfair has reached far beyond sales […] The post How Wayfair’s Economic Nexus Has Redefined Business Tax Obligations appeared first on The CPA Journal.| The CPA Journal
Introduction: Understanding the Protective Framework The Income Tax Act of 1961 stands as the cornerstone legislation governing direct taxation in India, establishing a framework that balances revenue collection with taxpayer rights. Among its various provisions, Section 281 of the Income Tax Act carries substantial weight in property and asset transactions, often determining the fate of […] The post Implications of Section 281 of the Income Tax Act for Companies and Individuals appeared fi...| Bhatt & Joshi Associates
Introduction The Income Tax Department recently imposed a substantial penalty totaling ₹23.07 crore on ACC Limited, one of India’s leading cement manufacturing companies currently owned by the Adani Group. This enforcement action involves two separate penalty orders pertaining to Assessment Years 2015-16 and 2018-19, both predating the company’s acquisition by the Adani conglomerate.[1] The penalties […] The post Income Tax Department Imposes ₹23 Crore Penalty on ACC Limited: A Comp...| Bhatt & Joshi Associates
Delhi High Court: GST rate cuts must be passed to consumers via price reduction, upholding anti-profiteering law.| Bhatt & Joshi Associates
"Economically illiterate" policy may actually be quite rational, when it is understood that prosperity is not the goal.| Law & Liberty
David Horton teaches and writes in the areas of wills and trusts, arbitration law, and contracts. His scholarship has appeared in the Yale Law Journal, Stanford Law Review, N.Y.U.| School of Law
Following the implementation of the new amendment, a taxable person can claim depreciation at an annual rate of 4% on the investment property's original cost The post UAE’s 4% depreciation rule for fair value assets welcomed appeared first on International Finance.| International Finance
In a Nutshell: In July, major federal legislation known as the “One Big Beautiful Bill Act” (OBBBA) was enacted to extend significant portions of the 2017 Tax Cuts and Jobs Act. Congress paired these tax cuts with reductions in other federal spending to allow the bill to be passed without the possibility of a filibuster. […] The post Upcoming Changes to the Affordable Care Act Tax Credits Will Also Disrupt Michigan’s Health Care System appeared first on Citizens Research Council o...| Citizens Research Council of Michigan
Productivity, GDP, tax v cuts, interest rates, bossware, pensions, house prices, investment, manufacturing, market news, insolvencies & other stories that we thought would interest our members.| CPA | The Credit Protection Association
It is an old cliché that people in the UK want European levels of public services for US levels of taxation – even if the last government achieved closer to US levels of public services for European levels of taxation. And maybe there is nothing wrong with this: any economist will tell you that a […]| The Policy Sketchbook
Business news 1 September 2025 Fraud, business optimism, The Employment rights bill, tax fears, UK Growth markets, tariffs, retail, insolvencies| CPA | The Credit Protection Association
The U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, Inc. (138 S. Ct. 2080, 2018) overturned years of precedent that had precluded states from imposing sales taxes on sellers who derived sales from a state but had no physical presence there (e.g., payroll or property). Today, the impact of Wayfair has reached far beyond sales […] The post How Wayfair’s Economic Nexus Has Redefined Business Tax Obligations appeared first on The CPA Journal.| The CPA Journal
As early as 2006, the IRS has recognized that “foreign outsourcing is not prohibited by … final regulations, which permit disclosure of tax return information outside of the United States if the taxpayer consents to such disclosure” (Notice of Proposed Rulemaking, Reg-137243-02). In more recent years, a growing number of U.S. tax return preparers have […] The post Considerations for Tax Return Preparers Outsourcing Overseas appeared first on The CPA Journal.| The CPA Journal
Diane Ring, Marianne D. Short and Ray Skowyra Professor, explains her work in fascinating detail.| Boston College Law School Magazine
An analysis of federal funding data from 2013 to 2022 ranks Michigan and 28th nationally in road funding.| Citizens Research Council of Michigan
A trip is on the horizon. A familiar ritual for millions in India would be to open a travel website, enter a string of city names, and start tracking a list of flight prices. Most fares are high beyond explanation, with any reasonable option being a red-eye flight, leaving the consumer disheartened. India is the […] The post Why can Flying Abroad be Cheaper than Flying Domestic? appeared first on Spontaneous Order.| Spontaneous Order
“I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Did Churchill say this? Can’t find it in your Churchill by Himself (aka Churchill in His Own Words.) The post “A Nation Cannot Tax Itself into Prosperity”: Churchill’s Quote? appeared first on The Churchill Project - Hillsdale College.| The Churchill Project – Hillsdale College
Navigate the complexities of side hustle taxes with our guide on the £1,000 rule. Get the insights you need to manage your finances| Golding Accountancy
How Trump, DOGE, and Project 2025 Are Turning the IRS Into a Tool of Authoritarian Rule Editor’s Introduction: Hello readers, it's Nathan Tankus and I am very happy to bring to you the first in a long multi-part series on the IRS spearheaded by Anisha Steephen.| Notes on the Crises
Value-Added Tax (VAT) is a consumption tax applied on most of the goods and services sold in the UK. Currently, the standard rate is set at 20%, along| Heighten Accountants
An article on the Spending Review by the Intergenerational Foundation which exists to protect the rights of younger and future generations.| Intergenerational Foundation
Wondering how to get a tax rebate? This guide explains who’s eligible, how to claim, what documents you need, and how to avoid missing out| Heighten Accountants
Explore the list of tax codes and what they mean in UK. Understand PAYE codes, avoid errors, & ensure accurate payroll.| Heighten Accountants
In a nutshell: During the past decade, there has been a flurry of local property tax rate increases, especially in those communities with historically high tax burdens. The Citizens Research Council has documented how Michigan’s local governments’ heavy reliance on property taxes has challenged their ability to sustain revenues given Michigan’s constitutional and statutory property […]| Citizens Research Council of Michigan
Does a limited company have to be VAT registered? Discover VAT thresholds, legal requirements, and when your UK company must register for VAT.| Heighten Accountants
State economists downgraded projections for state GF/GP revenue – a critical source of discretionary funding within the state budget - at last Friday’s Consensus Revenue Estimating Conference. This comes while a number of critical budget issues are still being debated, including competing road funding proposals and federal reforms within Medicaid and safety net programs that will impact future state budgets. These factors mean the Governor’s February budget proposal will need to be scal...| Citizens Research Council of Michigan
A practical guide to understanding what Inheritance Tax is and how to reduce inheritance tax liability for your family.| Heighten Accountants
In a Nutshell Michigan House Minority Leader and Speaker-Elect Matt Hall put a jolt into Michigan’s typically quiet November legislative recess with a major new proposal to reallocate revenue to address the state’s crumbling road infrastructure. The proposal seeks to dedicate over $2.7 billion in annual revenue for road repairs without a tax increase by […]| Citizens Research Council of Michigan
Prosper Australia says if we were smarter about taxing land, we could slash taxes on workers and businesses, writes Gareth Hutchens.| www.abc.net.au
On August 27, the State Board of Equalization (BOE) will hold its annual public hearing on property taxes and the Alcoholic Beverage Tax to listen to public suggestions, comments and concerns.| CalChamber Alert
A California Chamber of Commerce job killer bill that taxes digital advertising revenue awaits action in the Assembly when legislators reconvene from summer recess on August 5.| CalChamber Alert
Catch up on Singapore's June 2024 regulatory news with our blog post. Get insights on new compliance updates and how these changes affect various sectors.| CorporateServices.com
In this first post for 2024, we take a brief look at what is new in Finland in 2024. We talk about changes in, for example, taxation. The post What is new in Finland in 2024 appeared first on Finnwards.| Finnwards