Trump’s ‘big, beautiful’ but controversial bill faces crucial vote | Tax
NewsFeedRepublicans in the US are trying to get President Donald Trump’s ‘big, beautiful’ tax and spending bill passed by the Senate despite opposition from Democrats,…
Canada rescinds Digital Services Tax to restart U.S. trade talks
June 30 (UPI) -- Ottawa announced late Sunday that it was rescinding a tax on technology firms generating revenue from Canadians just hours before it…
Canadian Prime Minister Carney says trade talks with U.S. resume after Ottawa rescinds tech tax
TORONTO — Canadian Prime Minister Mark Carney said late Sunday that trade talks with the U.S. have resumed after Canada rescinded its plan to tax U.S. technology…
Canada rescinds digital services tax after Trump suspends trade talks | Donald Trump News
DEVELOPING STORYDEVELOPING STORY, Canada’s prime minister says trade talks with US will resume after Ottawa drops new levy.Canada has rescinded its digital services tax in…
Senate tax bill would add $3.3 trillion to the U.S. debt load, CBO says
WASHINGTON — The changes made to President Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even steeper…
G-7 agrees to exclude U.S. companies from 15% minimum tax
June 29 (UPI) -- Group of Seven nations agreed to exempt U.S. companies from a 15% minimum corporate tax rate, the countries said in a…
Trump’s tax and spending cuts bill clears key test vote in Senate
WASHINGTON — Senate Republicans voting in a dramatic late Saturday session narrowly cleared a key procedural step as they race to advance President Trump’s package of tax…
California lawmakers OK expanded $750-million film tax credit program
After weathering a pandemic, dual strikes and massive wildfires, Hollywood is finally getting a lifeline.California legislators voted Friday to more than double the amount allocated…
What is Canada’s digital tax and why is Trump killing trade talks over it? | Business and Economy News
As Canada pushes ahead with a new digital services tax on foreign and domestic technology companies, United States President Donald Trump has retaliated by ending…
US ending all trade negotiations with Canada over digital tax: Trump | Donald Trump News
Canada had approved a 3 percent digital tax last year in June, and the first set of payments is due on Monday.United States President Donald…
Four charged in ‘largest ever’ COVID-19 tax fraud scheme
June 27 (UPI) -- Federal officials have charged four people from California with what they call the largest COVID-19 tax credit fraud scheme ever identified…
Nike to raise costs as Trump’s tariffs on China bite | International Trade News
Nike has said it will cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on…
At least eight killed in deadly Kenya protests: What we know | Conflict News
Several protesters were killed and at least 400 others were wounded on Wednesday when antigovernment protests in the capital, Nairobi turned deadly. Kenyan officials have…
GOP tax bill would ease regulations on gun silencers and some rifles and shotguns
WASHINGTON — The massive tax and spending cuts package that President Trump wants on his desk by July 4 would loosen regulations on gun silencers and certain…
48 films selected for California film and TV tax credit program
The latest round of California’s film and television tax credit program will provide government incentives to 48 upcoming projects, according to the California Film Commission.The…
Let non-doms pay £250,000 and avoid some UK tax
Reform UK has announced it would give non-doms the chance to avoid some UK taxes by paying a £250,000 fee, with the proceeds going to…
Senate parliamentarian deals blow to GOP plan to gut consumer bureau in tax bill
WASHINGTON — Republicans have suffered a sizable setback on one key aspect of President Trump’s big bill after their plans to gut the Consumer Finance Protection Bureau…
US Supreme Court declines to speed up decision to take up fight over tariff | Donald Trump News
The court declined to fast-track the review of the dispute over Trump having legal power to impose broad tariffs.The United States Supreme Court has declined to…
United States: Plan For Remittance Tax Sparks Global Concerns
A proposed 3.5% remittance tax on money sent from the US to noncitizens abroad has sent shockwaves through countries that rely on international transfers. Part…
Airbus strikes Vietjet deal at Paris Air Show, hopes for tariff rollback | Aviation News
US Transportation Secretary Sean Duffy said he wanted a return to a tariff-free agreement for civil aviation.Airbus has struck a deal with Vietnamese budget airline…