Tags » Taxation
Thursday evening, the Senate passed the FY2018 Budget reconciliation spending blueprint, paving the way for a potential $1.5 trillion tax cut. In a misguided effort to provide a pay for an ambition tax reform plan yet to be seen, Senator Shelley Moore Capito (W.Va.) proposed an amendment that opens the door to a cap or elimination of deductibility of the state and local tax deduction (SALT). 498 more words
Democrats and others are claiming that the proposed Republican tax package’s reduction in the corporate tax rate is a sham and a ruse to benefit the one percent. 264 more words
The Swiss Federal Council has opened consultations on the implementation of new automatic tax information exchange (AEOI) agreement with Hong Kong.
The agreement with Hong Kong was signed on October 13, the same day as the Federal Council launched the consultation. 102 more words