Canada is gearing up to scrap its digital services tax in a bold effort to revive stalled trade talks with the United States, aiming to ease tensions and boost their economic partnership, CNN reports
Browsing: tax policy
Trump’s new tax law introduces significant changes set to reshape both personal and business finances. With updated tax brackets and deductions, these key provisions take effect next tax year, revolutionizing how Americans approach their taxes
Brazil’s government is fiercely resisting Congress’ attempt to reverse a recent tax hike, intensifying political tensions. This showdown highlights the growing battle over fiscal policy as leaders work tirelessly to stabilize the economy, Reuters reports
Canada has officially rolled back its digital services tax aimed at US tech giants, marking a bold move to ease mounting trade tensions. Former President Trump fiercely opposed the tax, claiming it unfairly singled out American companies
Brazil’s President Lula has boldly taken Congress to the Supreme Court amid a fierce tax revolt, directly challenging lawmakers who resist his ambitious fiscal reforms. This dramatic showdown underscores the escalating battle between the executive and legislative branches
Japan is sending shockwaves through the crypto world with a bold proposal to redefine cryptocurrencies. This groundbreaking move could unlock the door for crypto ETFs and dramatically cut tax rates for investors, igniting fresh growth and attracting a wave of new participants to the market
Treasury warns that taxing actual instead of unrealised superannuation gains could burden millions of Australians with steep costs, sparking a fierce debate over the fairness and financial consequences of the proposed tax reforms
Scotland has now joined Japan, Indonesia, New Zealand, Greece, Italy, the Netherlands, and Portugal in introducing a tourism tax. However, this new levy casts a shadow over Scotland’s cruise industry, raising serious concerns about its economic future
Friedrich Merz unveils a bold €46bn corporate tax cut plan aimed at turbocharging Germany’s economy. This ambitious strategy is set to spark fresh investment and fast-track growth amid a sluggish recovery, igniting vibrant debates on fiscal responsibility and the country’s competitive future
Germany is reportedly gearing up to introduce a 10% digital tax aimed at tech giants like Alphabet and Meta, seeking to boost revenue from their massive online activities within the country, sources reveal
Spain is rolling out a bold new tax policy that could significantly impact British buyers looking to purchase holiday homes. With plans to impose a staggering 100% tax on foreign-owned properties, the government is stirring up quite a buzz and raising eyebrows among potential investors. Will this move deter dreamers from owning a slice of Spanish paradise?
In a bold move, Brazil has scrapped its contentious offshore tax on investment funds after facing intense pushback from investors. This pivotal decision is set to rejuvenate confidence in the financial sector and draw in foreign capital, signaling a transformative shift in the government’s fiscal strategy.
An exciting new ruling from an Australian court has paved the way for a staggering $640 million in potential Bitcoin tax refunds! This landmark decision signals a major transformation in how cryptocurrencies are taxed, sparking intriguing discussions about future regulations and what this means for investors moving forward.
Germany has made a significant revision to its tax revenue forecasts, dramatically cutting estimates for 2029 by more than 80 billion euros. This substantial downward adjustment highlights the persistent economic challenges the country faces, including escalating costs and uncertainty in global markets, which are all taking a toll on fiscal planning
Brazil has postponed a proposed tax on big tech companies as negotiations intensify around potential tariffs linked to the Trump administration. Sources indicate that this decision aims to balance its economic strategy amid ongoing international discussions.
Canada has officially canceled its proposed increase in the capital gains tax, a decision met with mixed reactions. Critics argued it could stifle investment, while supporters claimed it was necessary for equitable taxation. The government aims to focus on economic stability.
Brazil’s Finance Minister has revised the estimated costs of a proposed tax exemption, lowering it to $4.75 billion. This adjustment aims to alleviate concerns over fiscal impact while stimulating economic growth, according to Reuters Canada.