How Trump’s new tax reform proposal may affect every income bracket Rates differ from Trump’s campaign tax plan. The AMT would go away. Deductions for state and local taxes ... Read More
KCG accepts proposal from Virtu Financial, INC. to acquire all outstanding shares of KCG’s Class A common stock for $20 per share – A 46 percent premium to unaffected ... Read More
No income tax for Saudi citizens, says finance minister Kingdom will keep VAT at 5% until 2020, and impose 50% tax on soft drinks, 100% on tobacco products from ... Read More
The Australian Government has hailed the passage of a package of tax reforms to improve income averaging arrangements for farmers and provide the Tax Commissioner with a new power. ... Read More
Move to benefit more than five million households with average gain of nearly €200 The French government will cut income tax by €1 billion in its 2017 budget, the ... Read More
Three tax advisers have been arrested as part of a HMRC investigation into a suspected £132m tax fraud. The arrests were made as a result of a HMRC investigation into a ... Read More
It is a misnomer to call Panama a tax haven, but tax evasion in “not a crime” in the central American country and such a situation does not invite ... Read More
First Quarter Results Net income of $153 million, or $0.53 per diluted share Adjusted net income of $122 million(1), or $0.43 per diluted share(1), excluding a $31 million income ... Read More
The UK Supreme Court has ruled Deutsche Bank and UBS should pay taxes on bonuses paid to their investment bankers. The bonuses were paid to staff via offshore accounts ... Read More
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average ... Read More
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