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Stories that are tagged 'individuals'

 

Singapore Targets A More Progressive Tax Regime In 2022 Budget
Mary Swire, Tax-News.com, Hong Kong__21 March, 2022
Singapore has announced personal income tax hikes and higher wealth taxes on the territory's wealthiest individuals, as well as plans to ramp up the territory's carbon tax, in its newly released Budget. Read Full Story

US IRS To Pause Some Tax Enforcement Proceedings
Mike Godfrey, Tax-News.com, Washington__16 February, 2022
The US Internal Revenue Service (IRS) has suspended the use of more than a dozen additional letters, including the mailing of automated collection notices, normally issued when a taxpayer owes additional tax and the IRS has no record of a taxpayer filing a tax return. Read Full Story

Ecuador Introduces Amnesty And Taxes On Assets
Mike Godfrey, Tax-News.com, Washington__05 January, 2022
Legislation has been enacted in Ecuador to introduce new taxes on companies and wealthy individuals, to fund government efforts during the COVID-19 pandemic. Read Full Story

Philippines DOF Says Wealth Tax Plan Would Be Self-Defeating
Mary Swire, Tax-News.com, Hong Kong__06 December, 2021
The Philippines Department of Finance has issued a statement warning against the introduction of a new tax on the super wealthy. Read Full Story

US Hikes Thresholds For Tax-Privileged Retirement Arrangements
__09 November, 2021
Read Full Story

Malta Announces Individual Tax Reliefs In 2022 Budget
Jason Gorringe, Tax-News.com, London__01 November, 2021
Malta's recently released 2022 Budget includes measures to support low-income workers and those working part-time or overtime, to improve the supply of affordable housing, and to introduce a new concessionary tax regime for artists and performers. Read Full Story

Indonesian Lawmakers Approve Tax Reform Plans
Mary Swire, Tax-News.com, Hong Kong__18 October, 2021
Indonesia's lower house of parliament has signed off on a bill that provides for a two-stage hike to the headline value-added tax rate, the cancellation of a planned corporate tax cut, and the introduction of a new top rate of personal income tax. Read Full Story

Netherlands Announces 'Modest' 2022 Budget
Ulrika Lomas, Tax-News.com, Brussels__04 October, 2021
The Dutch Government has announced changes aimed at improving the tax system in its 2022 Tax Plan, released on September 21. Read Full Story

US Lawmakers Approve New Cryptoassets Reporting Rules
Mike Godfrey, Tax-News.com, Washington__25 August, 2021
The US Senate has approved the inclusion of new provisions in the bipartisan infrastructure bill to require intermediaries involved in cryptocurrency trading to report details about transactions. Read Full Story

Wyden Takes Aim At US Pass-Through Income Tax Break
Mike Godfrey, Tax-News.com, Washington__06 August, 2021
Senate Finance Committee Chair Ron Wyden (D-OR) has introduced legislation to overhaul the 20 percent deduction for pass-through income introduced into US tax law in 2017. Read Full Story

 

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