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Taxes News

Trump taxes show losses of $1.17 billion over decade: report

Washington - President Donald Trump's taxes show that he lost $1.17 billion over a decade starting in the mid-1980s, The New York Times reported Tuesday.

US Treasury will not hand over Trump tax returns to Congress: official

Washington - The US Treasury will not hand President Donald Trump's tax returns over to Democratic lawmakers, defying a demand from Congress, US Treasury Secretary Steven Mnuchin said Monday.

Amazon’s abandoned New York plans a sign of things to come?

After a week of speculation, Amazon has confirmed that it will not build one of its two new headquarters in New York City. Does this indicate a sea change in how communities deal with giant tech companies?

IRS says the busiest day of tax season is right around the corner

Tax Day 2019, the last day to file your 2018 tax return, is Monday, April 15. The IRS began accepting tax returns on January 28 and taxpayers should have received all the forms they need in order to file by now.

Homeless tax in San Francisco could end up backfiring

San Francisco - On Tuesday, voters in San Francisco passed Proposition C, a new corporate tax that will raise $400 million a year from the city’s largest companies and direct that money toward homeless services.

Trump shrugs off report revealing a fortune in tax dodges, parental gifts

New York - US President Donald Trump on Wednesday shrugged off a New York Times investigation that concluded he made his fortune with the help of more than $400 million from his parents, partly through tax schemes, as a boring, rehashed "hit piece.

New York investigating Trump tax dodging report

New York - The New York state tax department said Tuesday it is investigating reports that President Donald Trump helped his parents dodge millions of dollars in taxes and received far more money from his father's real estate empire than he has claimed in the pas...

Syrian Kurd traders suffer from twin tax systems

Kamishli - Many Kurds in Syria may dream of self-rule, but for business owners in the semi-autonomous region in the country's north, it now comes with a painful pinch: double taxes.

Senators say Indigenous community not fully consulted on pot bill

Prime Minister Justin Trudeau left the door open Wednesday to a possible delay in enacting the Liberal government's cannabis bill after a report issued Tuesday by the Senate aboriginal peoples committee asked the government to delay the legalization.

Lebanese descend on capital to protest proposed tax hikes

Birut - Several thousand people descended on the Lebanese capital Sunday to protest proposed tax hikes to cover a salary increase for teachers and other public servants.

Lebanese descend on capital to protest proposed tax hikes

Birut - Several thousand people descended on the Lebanese capital Sunday to protest proposed tax hikes to cover a salary increase for teachers and other public servants.

Lebanese descend on capital to protest proposed tax hikes

Birut - Several thousand people descended on the Lebanese capital Sunday to protest proposed tax hikes to cover a salary increase for teachers and other public servants.

Trump supporters cheer leak of 2005 tax bill

Washington - Donald Trump's supporters Wednesday cheered the release of a partial tax return for 2005 showing he paid a hefty sum that year, in a rare peek into the president's jealously guarded finances.

Google avoided a $3.6 billion tax payment thanks to a loophole

Google saved a total of $3.6 billion from its tax year 2015 by using a perfectly legal exploit called "Dutch Sandwich" or "Double Irish."

Trump could have avoided paying any taxes for decades: NYT

Washington - Donald Trump declared a $916 million loss on his 1995 income tax return, allowing him to legally avoid paying taxes for decades, The New York Times reported.

Google faces probe in Indonesia over alleged unpaid taxes

Jakarta - Google is facing investigation in Indonesia for allegedly refusing to cooperate with the country’s revenue agency, which is looking into claims the Internet giant failed to settle its local tax obligations.

States can't fight Airbnb, so they are trying to tax it

A lot of states have come to understand that they can't completely get rid of Airbnb. However, a few states have decided to make money off of the home-sharing site by taxing it.

Facebook to challenge US bill for back taxes

Washington - The US government is expected to hit Facebook with a bill for between $3 billion and $5 billion in back taxes, the social network has disclosed.

Coca-Cola hit with $3.3 billion tax bill from the IRS

The Internal Revenue Service notified Coca-Cola that it owes $3.3 billion in federal taxes, as well as interest for 2007 to 2009.

John Malkovich sues Le Monde for Swiss account report

Paris - John Malkovich has filed a defamation suit against French daily Le Monde over Swissleaks reports the US actor says incorrectly stated he owned a secret Swiss account, his lawyer said Monday.

Did you know ancient Egyptians had a hefty tax bill?

On April 15, millions of Americans will be scrambling to get their tax bills paid to the government. While most tax-payers complain that paying a large tax bill is too much, they should be glad they didn't live in ancient Egypt. They paid hefty taxes.

Nonprofits in Maine could end up being taxed

If a new budget proposal by the governor gets approved in the state of Maine, then nonprofits could end up paying property taxes.

Spanish protest party Podemos faces first storm

Madrid - Spanish protest party Podemos faced growing attacks Tuesday over alleged financial irregularities by a top leader who advised late Venezuelan President Hugo Chavez and other left-wing Latin American governments.

Op-Ed: Proposed tax on foreign-parked corporate profit a good idea

President Barack Obama scores another winner with his proposal to offer a temporary, 14 percent tax on U.S. corporations' foreign-parked profits, followed by a 19 percent tax after this year. This tax is intended to pay for infrastructure improvements.

Op-Ed: Obama could really help middle class by raising capital gains tax

President Obama is on a progressive hot streak as his second term approaches halftime: He's proposed subsidized broadband Internet for everyone, free community college for all, and now he wants to raise the capital gains tax to make the rich pay more.

Op-Ed: What the new ruling on pension taxes means for your inheritance

For UK workers and their families, how they save and bequeath money to heirs has changed dramatically over a relatively short period of time.

Internet tax stopped by mass protests in Hungary

In what are the largest anti-government demonstrations in years about ten thousand people streamed across bridges over the Danube in Budapest to protest against a proposed tax on the Internet.

Demographics key to GOP resurgence in California Special

Sacramento - As Californians prepare to go to the polls, the Democrats will once again rule the state, but with anger towards big government and the GOP concentrating on demographics, the Democratic dominance could soon be ending.

Obama blasts companies moving overseas for taxation purposes

Dublin - In his toughest comments yet on the subject, Barack Obama accused big US corporations of trying to manipulate “the system” by “magically becoming Irish” through tax inversion deals.

Op-Ed: Burn it down, Mr. Obama

During the first five and a half years of his presidency – and I imagine for the 30 or so months that remain — I’ve had a difficult time supporting many of the decisions made by President Obama.
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David Reber's Hammer Photography (CC BY-SA 2.0)
The headquarters for Canada Revenue Agency
The headquarters for Canada Revenue Agency
John Bristowe
The Tai Ji Men unjust tax case is presented at the 15th session of the UN Human Rights Council  seek...
The Tai Ji Men unjust tax case is presented at the 15th session of the UN Human Rights Council, seeking the human rights protection and call on government to abide Universal Declaration of Human Rights, terminate all unjust measures to enforce its illegitimate claims on the right to property and travel bans on Tai Ji Men Qigong Academy.
GIANT: Credit Suisse headquarters at Paradeplatz in Zurich  Switzerland.
GIANT: Credit Suisse headquarters at Paradeplatz in Zurich, Switzerland.
Roland zh / Wikimedia Commons
Tai Ji Men dizi interviewed by Geneva media to express concerns for human rights development in Taiw...
Tai Ji Men dizi interviewed by Geneva media to express concerns for human rights development in Taiwan.
Tai Ji Men dizi meeting with human rights organizations in Geneva. Members of human rights group pro...
Tai Ji Men dizi meeting with human rights organizations in Geneva. Members of human rights group protesting in front of UN building.
Apartments  offices and other buildings  icluding homes are becoming more energy-efficient.
Apartments, offices and other buildings, icluding homes are becoming more energy-efficient.
Cacophony
US Uncut Arkansas protest at Bank of America on tax day.  Little Rock  Ark.  April 18  2011.
US Uncut Arkansas protest at Bank of America on tax day. Little Rock, Ark. April 18, 2011.
US Uncut Arkansas
Tai Ji Men dizi holding posters to protest in front of the Taipei Cultural and Economic Delegation i...
Tai Ji Men dizi holding posters to protest in front of the Taipei Cultural and Economic Delegation in Geneve Switzerland. From the left, “Tax authority bending the laws has crippled Taiwan government,””Taiwanese people in search of the freedom of belief and expression,”“Ancient menpai of qigong and martial arts fights for survival against human rights violations.”
Sen. Hatch  left  enjoys some Ogden chili.
Sen. Hatch, left, enjoys some Ogden chili.
Hatch DC office
Untitled
indianexpress
Table comparing Canadian income tax rates on investments
Table comparing Canadian income tax rates on investments
CRISIS: Message posted on ATMs in Greece last month at height of country s dispute with European Uni...
CRISIS: Message posted on ATMs in Greece last month at height of country's dispute with European Union lenders. Banks were closed for more than three weeks but reopened Monday with limits on withdrawals.
SucreRouge/Wikimedia Commons
A Canadian doing their taxes
A Canadian doing their taxes
Canadian Pacific

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