taxes

Joe Biden 2025 Budget Proposal Could Significantly Reduce the Wealth Your Heirs Will Get

Joe Biden 2025 Budget Proposal Could Significantly Reduce the Wealth Your Heirs Will Get

President Joe Biden's 2025 budget proposal could reportedly reduce the wealth your heirs will get.

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Trump's tax plan to amp US economy

A few sentences from Donald Trump's previous speech are, he wants the system simplified to the minimum and he wants to see a reduction in all taxes, especially for the corporate and middle class.

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How to avoid red flags when you change tax prep

Taxes are one of the few constants in life, but what happens when you change the way you do your return? People move or get divorced, tax preparers pass away.

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Brazil's Rousseff urges cabinet to back belt-tightening

Brazil's President Dilma Rousseff urged her cabinet on Tuesday to embrace fiscal belt-tightening and other measures aimed at restoring business confidence and growth in her second term.

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Oil shock to tilt Mexico energy opening in private sector's favor

The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs.

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U.S. soda makers headed for tax showdown in California

No American city has passed a ballot measure raising taxes on sugary drinks, and ahead of votes Tuesday in Berkeley and San Francisco, the U.S. soda industry has been working hard to keep it that way.

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China to again levy coal import tariffs after nearly a decade

China, the world's top coal importer, will levy import tariffs on the commodity after nearly a decade, in its latest bid to prop up ailing domestic miners who have been buffeted by rising costs and tumbling prices.

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AstraZeneca, Shire fall as U.S. tax move punctures deal hopes

Shares in drugmakers AstraZeneca (AZN.L) and Shire (SHP.L) both fell more than 5 percent on Tuesday after the U.S. Treasury took steps to curb "inversion" deals that allow companies to escape high U.S. taxes by reincorporating abroad.

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Powerball winner to face challenges

While there is still no winner for the Powerball, the winnings may not be a solution but a future problem.

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Apple allegedly avoids UK corporation tax

Despite gaining GPB6 billion in the United Kingdom, Apple allegedly paid only GBP10 million in UK corporation taxes.

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California to take a big bite off Mickelson's payroll

Huge tax policies mean that as long as Mickelson remains a resident of California, his earnings from prize money and endorsements will be reduced by at least 11.3%

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