Tax

UAE excise tax collection to be through E-Dirham

Levy set to be implemented in the UAE as of October 1 and will cover tobacco products, energy and soft drinks Abu Dhabi: The Federal Tax Authority (FTA) announced on Sunday that the collection of the Excise Tax will only be conducted through E-dirham. The authority’s move supports the Emirati leadership’s approach to adopt an e-system that is up to ...

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Need tax uniformity on petroleum products, says Dharmendra Pradhan

Justifying the daily price mechanism which is in place for petrol and diesel, Pradhan said states are getting 42% share in whatever levy is being collected by the Centre and clarified domestic rates are determined by international prices. Photo: Manoj Verma/Mint Hyderabad: Oil Minister Dharmendra Pradhan said he has requested the ministry of finance to bring petroleum products under the ...

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Our plutocratic tax system – The Decatur Daily

The Decatur Daily Our plutocratic tax systemThe Decatur DailyWASHINGTON — The week after Donald Trump won the election, he ducked away from Trump Tower for a steak dinner at 21. The patrons of the high-end restaurant applauded him, and in return he assured them, “We’ll get your taxes down, don’t worry about … and more »

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FORUM COLUMN: Tax cuts, reform key to job growth | Opinion

Republicans in Congress and the White House are committed to passing a powerful reform of our tax code that will create jobs and economic growth, returning money to hard-working Americans. For the last eight years, the American economy has grown at 2 percent per year. It is the weakest recovery following a recession since World War II. When President Reagan ...

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Greens want early capital gains tax

Bernard Hickey Bernard Hickey is the Managing Editor of Newsroom Pro and writes about politics and economics from the Parliamentary Press Gallery in Wellington. Twitter: @bernardchickey Tim Murphy Tim Murphy is co-editor of Newsroom. He writes about politics, foreign affairs, Auckland, and media. Twitter: @tmurphynz With less than a week to go until the election, Greens leader James Shaw has ...

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EU ministers make push for Google, Facebook tax

Tallinn, Estonia | AFP | Google and Facebook may face higher tax bills in Europe as the EU rushed Saturday to change rules so that more of Silicon Valley’s mega profits fall into public coffers. Public anger against the billions of euros earned by online behemoths is growing louder in Europe and EU finance ministers meeting in Estonia pledged to make ...

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New tax, fees expected to reduce deficient bridges | Local News

GOSHEN — The influx of cash from the state’s gas tax and vehicle registration increases is expected to help restore many of Indiana’s deficient bridges to top-notch condition. The state has 19,245 bridges, according to the Federal Highway Transportation Administration’s National Bridge Inventory. Of those, 1,525, or 7.9 percent, were rated as structurally deficient in 2016. That total includes bridges ...

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Donohoe to question internet company tax proposal

Minster for Finance Paschal Donohoe is expected to robustly question a French plan to tax internet companies that operate in the EU at a meeting of finance ministers today.  The proposal, which is backed by Germany, Italy and Spain, is to be discussed at a meeting of European Union finance ministers in Estonia later today. Like all tax policy, the ...

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Doubts arise on whether slashing corporate tax would boost growth | Business

WASHINGTON — For President Donald Trump, what’s good for General Motors is great for American workers. Same for Boeing. And AT&T. Not to mention small businesses. Trump insists that slashing the corporate tax rate from 35 percent to as low as 15 percent would free up valuable cash. Companies would use the money to boost investment, increase employees’ pay, accelerate ...

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