Categories
Travel

Europe fights back against tourism with taxes, cruise ship bans and tough rules – list

The Amalfi Coast receives thousands of visitors each summer and tourists are often faced with hours-long queues on the ocean road. In new peak season rules, tourists whose car number plate ends in an odd number will only be able to access the road on odd days. Those with a number plate ending in an […]

Categories
Weird

Pay Taxes or Enjoy the Tax benefits!

1515 points, 163 comments. Source link

Categories
Business

The California exodus continues as residents head south of the border

More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona and Washington. And a rising number of former Californians are migrating out of the country altogether and are instead heading south of the border. Many are seeking a more relaxed and […]

Categories
Entertainment

MT counties approve local-option marijuana taxes

In a substantial blow to cannabis prohibitionists, residents of Yellowstone County soundly rejected a referendum on Tuesday’s primary ballot that would have banned not just recreational marijuana sales, but all related recreational cannabis industry licenses — testing, manufacturing, growing and more — within county lines. Yellowstone County, which has the largest population of any county […]

Categories
Finance

‘Unbelievable’ Man charged hundreds in taxes after buying wine from Europe

Import taxes and custom duties can be costly when they are correctly calculated, but some Britons find themselves owing hundreds unnecessarily. Alan Edwards said he has been through this dilemma four times before, sharing his story with the Telegraph. International purchases often require the buyer to pay the tax charges before the parcel can be […]

Categories
Business

House Democrats push Treasury, IRS for repeal of rule blocking state and local taxes cap workaround

Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images Three House Democrats are still pushing for relief on the $10,000 limit on the federal deduction for state and local taxes, known as […]

Categories
Business

The IRS is working to increase its audit rates for higher earners

Jeffrey Coolidge | Photodisc | Getty Images The IRS is working to boost its audit rates for the wealthiest Americans, according to a statement recently released with the agency’s annual Data Book, covering activities for the 2021 fiscal year. While plummeting audits have drawn scrutiny from Congress, percentages have doubled for filers making over $100,000 to more […]

Categories
Finance

Orbán levies windfall taxes on business to shore up budget

Hungary’s government has unveiled €5bn of tax rises and spending cuts as it takes its first steps under emergency powers introduced this week in response to an “economic crisis” sparked by war in neighbouring Ukraine. Prime minister Viktor Orbán’s government said the new powers would allow the government to act swiftly to address a surge […]

Categories
Business

Capital gains may have triggered hundreds of billions more in individual taxes for 2021, analysis shows. How to trim your tax bill

The U.S. Department of the Treasury building Julia Schmalz | Bloomberg | Getty Images Some investors may be grappling with the sting of higher-than-expected capital gains for 2021 and losses in 2022. But experts say tax-planning opportunities may soften the blow. Individuals paid significantly more taxes this season, and the surge in capital gains in […]

Categories
US

Crypto Moves — Bitcoin & Ethereum rise; Sony takes Metaverse Seriously; Portugal plans to implement crypto taxes

Crypto Moves — Bitcoin & Ethereum rise; Sony takes Metaverse Seriously; Portugal plans to implement crypto taxes Arab News Source link