Posts in tag

Taxation


If you’re one of millions of Americans who are now working from home instead of the office because of the coronavirus pandemic, count yourself lucky: you aren’t sick and you have a job. Still, both you and your employer may be wondering whether your remote work qualifies for any tax breaks. Have you bought a …

Scott Morrison has described a report he may adopt a technology investment target to avoid signing up to a commitment of zero greenhouse gas emissions by 2050 as speculation, but confirmed his government will take a “technology over taxation” approach to climate change. On Tuesday, Morrison told reporters in Melbourne the report in the Australian …

FILE PHOTO: Medical workers in protective suits work inside an isolated section at a community health service center, which has received patients with mild symptoms caused by the novel coronavirus and suspected patients of the virus, in Qingshan district of Wuhan, Hubei province, China February 8, 2020. China Daily via REUTERS BEIJING (Reuters) – China …

More Americans are going without health coverage and the pace of spending on health care nationally is rising in part because of an Affordable Care Act tax on insurers, Trump administration officials said Thursday. A federal report from actuaries at the Centers for Medicare and Medicaid Services revealed trends that are likely to further fuel …

Rental real estate is renowned for its many tax breaks, and the 2017 tax overhaul added a new one. Landlords who want to claim it for 2019 should be planning now, because they may need to send 1099 forms early next year. The benefit is the so-called 199A deduction of 20%. It applies to business …

UNITED NATIONS (Reuters) – The Chinese government’s top diplomat said on Friday that tariffs and trade disputes could plunge the world into recession and Beijing was committed to resolving them in a “calm, rational and cooperative manner.” Chinese Foreign Minister Wang Yi addresses the 74th session of the United Nations General Assembly at U.N. headquarters …

FUKUOKA, Japan (Reuters) – Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc’s draft communique obtained by Reuters showed. US Secretary of Treasury Steven Mnuchin (R, on podium) delivers a speech …

FUKUOKA, Japan (Reuters) – A highly anticipated late June meeting between U.S. President Donald Trump and Chinese President Xi Jinping has some parallels with their Buenos Aires summit last December that postponed a tariff hike, U.S. Treasury Secretary Steven Mnuchin said on Saturday. U.S. Treasury Secretary Steven Mnuchin talks with China’s Central Bank Governor Yi …