January 16, 2020

Tax wedge cut for excluded from 80 euro

ANSA) – Rome, January 14 – The government’s planned tax-wedge cut will be for those excluded from an existing 80-euro monthly benefit, Economy MInister Roberto Gualtieri said Tuesday.    Speaking at a brainstorming seminar of his centre-left Democratic Party (PD), Gualtieri said “we want to start the first tranche of the fiscal reform as soon as […]

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NYS tax department can’t stop sending STAR tax relief checks to tax delinquents, official testifies

The New York State tax department sends STAR school tax relief checks to tax-delinquent homeowners because it does not have the legal authority to stop it, a top tax official acknowledged at a state Assembly hearing Tuesday. “We’re not in a position to withhold that advance payment based on the statute as it is today,” Andrew

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‘United we fall, divided we rise’: Why tax policy is the key US election risk to stocks

Tax policy is the key risk to U.S. stock prices arising from the 2020 U.S. election, according to Goldman Sachs  The Wall Street giant sees a durable profit cycle and continued economic expansion lifting the S&P 500 to 3,400 points by the end of 2020, but anticipates that policy uncertainty surrounding the election outcome will keep

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Netflix Accused Of Funnelling $430M Of International Profits Into Tax Havens

Netflix has been accused of funneling as much as $430M of its international profits into tax havens, while at the same time receiving more than $1M in tax relief in the UK. A report by British think-tank Tax Watch said that, like other major tech companies including Google and Amazon, “there is little doubt that

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