Since the 2008 financial crisis, financial transaction taxes (FTTs) have been debated as a potential instrument to address financial market instabilities and as a source for tax revenue. Today’s map shows which European OECD countries impose a type of FTT. FTTs are levied on the trade in financial instruments such as stocks, bonds, or derivatives.
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You do the meth; what’s in a name?; snow job; and other highlights of recent tax cases. Junior achievements New Bern, North Carolina: Preparer Antoinette Charmane Becton, 40, has pleaded guilty to distribution of methamphetamine and aiding and abetting and conspiracy to defraud the IRS. Authorities used an informant and an undercover agent to arrange
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We all know that small business owners have to wear many hats. But even though many of us get quite adept at juggling so many tasks, there comes a time when it’s better to outsource specific responsibilities to save time and money and focus on growing our companies. What are the tasks to outsource? Start
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A Starlink user terminal installed on the roof of a building in Canada. SpaceX Boxes containing Starlink kits, with user terminals and Wi-Fi routers. Starlink Starlink is SpaceX’s ambitious project to build an interconnected internet network with thousands of satellites, known in the space industry as a constellation, designed to deliver high-speed internet to consumers anywhere on the
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U.S. Senate Majority Leader Chuck Schumer, D-N.Y. Brandon Bell | Reuters The Senate’s top Democrat, Chuck Schumer of New York, along with Sen. Elizabeth Warren, D-Mass., and other Democratic legislators on Thursday, introduced a resolution again calling on the White House to forgive $50,000 in student debt for all borrowers by executive action. “During a
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February 4, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. For the first time since the global health crisis infiltrated every aspect of life and work, it’s now possible for small-business leaders to see the outlines of recovery and an economic rebound.  And while we typically think of business leaders as
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This week, the Treasury Department added several new appointees as staffing continues following President Biden’s inauguration. Among them were three scholars of international tax policy: economist Kimberly Clausing and law professors Rebecca Kysar and Itai Grinberg. These three will be influential in developing the administration’s approach to changing U.S. tax rules for multinational corporations and
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Stash co-founders, Brandon Krieg and Ed Robinson. Source: Stash Stock-trading app Stash plans to announce a $125 million venture investment to help fuel customer growth. But it’s not looking to attract the type of trader who might bet on GameStop. The New York-based company will announce a Series G funding round Wednesday, led by Eldridge
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Capitol dome Congress Mark Makela | Getty Images News | Getty Images President Joe Biden and congressional Democrats are hoping to pass $1.9 trillion of additional pandemic relief, including extra jobless benefits. Still, many unemployed workers haven’t yet gotten benefit payments from the last stimulus package, which former President Trump signed more than a month
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The International Financial Reporting Standards Foundation may present a proposal to the United Nations in November for setting up a global sustainability standards board. The IFRS Foundation, which oversees the International Accounting Standards Board, held a trustees meeting on Monday to discuss the feedback it received in response to a consultation paper it issued last
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Coronavirus-related government policies and regulations that could affect business performance ranked as the top risk cited by board members and C suite executives, according to a new survey. The annual survey, released Wednesday by the consulting firm Protiviti and North Carolina State University, ranks the top 10 risks seen by 1,081 business executives in different
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