Taxation
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South Korea raises tax revenue forecast to record W478.6 trillion
The Ministry of Finance and Economy said Wednesday that it has raised its tax revenue forecast for this year to a record 478.6 trillion won ($353.5 billion), 63.2 trillion won more than projected in i
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India's cash gold market is booming due to high gold prices and high taxes.
Due to high gold prices and high taxes, India's cash gold market is booming, prompting more Indian buyers to turn to under-the-counter cash transactions where gold bars and jewelry change hands withou
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French government considers increasing taxes on transport infrastructure, leading to over 2 billion euros wiped off the market capitalization of airport and highway operators.
French government considers increasing taxes on transport infrastructure, leading to over 2 billion euros wiped off the market capitalization of airport and highway operators.
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UK Chancellor John Healey criticizes Reform UK leader Nigel Farage's 'Bitcoin account'
UK Chancellor of the Exchequer John Healey, in a Monday speech, appeared to slam Reform Party leader Nigel Farage's use of Bitcoin, calling him "Liz Truss with a Bitcoin account." Farage, a pro-crypto
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Senator Warren Questions Microsoft, Google, Amazon, and Meta, Demanding Disclosure of AI Tax Subsidies
U.S. Senators Elizabeth Warren, Tina Smith, and Jeff Merkley sent letters to the CEOs of Microsoft, Google, Amazon, and Meta, requesting that these companies disclose information on tax credits receiv
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Nobel laureate in economics supports California billionaire tax
Nobel laureate in economics backs California billionaire tax, with progressive scholars saying the November ballot measure "could begin to curb the power of the super-rich."
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Canadian Prime Minister Carney expands business tax break to include oil and gas pipelines, mining property, and more investments
Canadian Prime Minister Mark Carney is expanding the scope of a major investment tax write-off, adding oil and gas pipelines, mining property and more to the list of assets eligible for accelerated de
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The U.S. Social Security program faces a funding shortfall within six years, with bipartisan attention on taxing high-income earners to cover the deficit.
The U.S. Social Security program is projected to face a funding shortfall in Q4 2032, potentially unable to pay full retirement benefits on time. To address this, proposals to tax high-income earners
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U.S. President Signs Four Congressional Bills into Law, Including Measures on Spending Transparency and Disaster Tax Relief
On Friday, September 11, 2026, the President signed H.R. 1276, H.R. 2069, H.R. 2196, and H.R. 5366 into law. H.R. 2069, known as the “Stop Secret Spending Act of 2025,” expands Federal spending transp
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According to Tax Alpha Insider data, wealthy investors are flocking to "Tax-Advantaged Long-Short Strategies" (TALS), with total assets surging to over $170 billion.
The strategy, designed to track stock indices while generating losses to offset capital gains taxes, has surged from $2 billion in 2022 to its current level. However, tax lawyers and investment expert
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UK Super Rich Are Being Lured Away by Europe’s New Wealth Hubs, Seeking More Tax-Friendly Jurisdictions
UK Super Rich Are Being Lured Away by Europe’s New Wealth Hubs, Seeking More Tax-Friendly Jurisdictions
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Germany Moves to Tax Bitcoin Like Stocks, Ending Tax-Free Gains After 12 Months for Crypto Acquired Post-2026
A draft bill from the German Federal Ministry of Finance proposes that gains on cryptocurrencies acquired after December 31, 2026, will be taxable regardless of the holding period, subject to a flat 2
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Millennium Management to open office in Greece after government launched tax scheme for hedge fund executives
Millennium Management, the hedge fund founded by billionaire Israel Englander, is set to open an office in Greece. This move comes after the Greek government launched a tax scheme this summer specific
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MAS: Major Banks Have Not Observed Significant Impact of China's Offshore Trust Tax on Singapore's Wealth Management Industry
The Monetary Authority of Singapore (MAS), in response to a parliamentary query, stated that major banks have not observed a significant impact from China's offshore trust tax rules on Singapore's wea
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Standard Chartered Plans to "Double Down" on Greater China Wealth Opportunities, Despite Beijing's Enhanced Tax Enforcement on Cross-Border Investments
Judy Hsu Chung-wei, Standard Chartered's CEO of Wealth and Retail Banking, said last week that the bank plans to increase investment and hiring in wealth centers in Hong Kong, mainland China, and Taiw
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US Retirees With Average $2,081 Social Security Check Need Just $12,514 in Other Income Before IRS Starts Taxing Benefits, Threshold Unchanged Since 1984
The taxation threshold for Social Security benefits, set at $25,000 for single filers since 1984, means an average retiree receiving $2,081 monthly benefits only needs an additional $12,514 in outside
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Malaysia's Johor Regent TMJ's Plan to Sell Singapore Land Faces Over $1 Billion Tax Bill
Malaysia's Johor Regent TMJ's Plan to Sell Singapore Land Faces Over $1 Billion Tax Bill
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Japanese government ministries are seeking a series of tax breaks aimed at encouraging individuals to purchase government bonds and prompting companies to raise employee wages, as part of the fiscal year 2027 tax reform.
Meanwhile, efforts to improve national finances by eliminating ineffective tax breaks have made little progress.
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Analysis: Holding Main Street Capital (MAIN) in a Roth IRA can eliminate up to $32,000 in federal tax on $100,000 distributions for high-bracket investors, compared to taxable accounts
For a 32% federal tax bracket investor, holding the business development company (BDC) Main Street Capital (MAIN) in a taxable account could result in $32,000 in federal tax on $100,000 of distributio
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U.S. Treasury and IRS propose rules to restrict refundable tax credits for certain immigrants, potentially impacting millions
The proposed rules would classify the refundable portions of the adoption tax credit, child tax credit, American Opportunity tax credit, and earned income tax credit as "federal public benefits." This
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JPMorgan CEO Jamie Dimon warns UK Chancellor John Healey that tougher bank taxes could harm jobs and investment
Dimon reportedly told Healey that heavier taxation could push employment to other locations, citing a fall in finance jobs in New York partly linked to the city's tax burden. He indicated that a windf
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Upbit reminds users to be vigilant against virtual asset tax phishing emails impersonating the Korea National Tax Service
Upbit reminds users to be vigilant against virtual asset tax phishing emails impersonating the Korea National Tax Service
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U.S. Senator Bernie Sanders has introduced a Social Security reform plan that could increase beneficiaries' annual benefits by $2,400.
U.S. Senator Bernie Sanders has introduced a Social Security reform plan aimed at preventing the Social Security trust fund from being depleted in 2032 by extending the payroll tax to earnings over $2
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Advance Payments for Future Services Can Trigger Social Security Withholding Early, Affecting Seasonal Workers' Benefits
Under cash-method accounting, nonrefundable deposits collected in one year for services to be performed the next can be counted as income for the collection year. This can lead to Social Security with
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UK Chancellor Healey announces tax hikes for banks and savers in Budget
UK Chancellor John Healey announced tax rises for banks and savers in his Budget, which he described as being 'for working people'. However, the scale of his plans was modest compared with recent fisc
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UK Chancellor John Healey will unveil his first Autumn Budget, cutting departmental spending to plug a defense funding gap and planning new taxes on banks and online marketplaces.
UK Chancellor of the Exchequer John Healey will unveil his first Autumn Budget, which will cut departmental spending to fill a defense funding gap and plans to levy new taxes on banks and online marke
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South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
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U.K. fiscal discipline is in focus ahead of the Burnham government’s first budget, with potential measures including an increase in the bank corporation tax surcharge, higher taxes on gambling, and changes to property taxes.
U.K. fiscal discipline is in focus ahead of the Burnham government’s first budget, with potential measures including an increase in the bank corporation tax surcharge, higher taxes on gambling, and ch
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South Korea is considering imposing an education tax on cryptocurrency exchanges.
South Korea is considering imposing an education tax on cryptocurrency exchanges.
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France has postponed the vote on its stablecoin tax budget to November 3. The proposal, which aims to end tax deferral on single-currency stablecoin swap gains starting January 1, 2027, still requires further parliamentary votes.
France has postponed the vote on its stablecoin tax budget to November 3. The proposal, which aims to end tax deferral on single-currency stablecoin swap gains starting January 1, 2027, still requires
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President Trump highlights economic achievements in Kansas, including tax relief and job creation
Today, President Donald J. Trump showcased his administration's achievements in Kansas, emphasizing historic tax relief, surging private investment, job creation, stronger rural healthcare, and signif
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France's National Assembly adopts stablecoin swap tax amendment; self-custodial wallet and exit tax proposals under consideration
France's National Assembly adopts stablecoin swap tax amendment; self-custodial wallet and exit tax proposals under consideration
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Rents in an Athens, Greece neighborhood are rising due to an influx of Israeli buyers, sparking discontent among local residents.
Residents of the Exarchia neighborhood in Athens, Greece, are complaining that a surge in property purchases by Israeli investors for short-term rentals has led to soaring rents and eroded the communi
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The French Parliament has narrowly voted to tax crypto-to-stablecoin conversions, with a 2027 budget amendment ending tax deferral from January 1 next year, though it has not yet become law.
The French Parliament has narrowly voted to tax crypto-to-stablecoin conversions, with a 2027 budget amendment ending tax deferral from January 1 next year, though it has not yet become law.
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Donald Trump visited Montana, highlighting the achievements of his "America First" policy in areas such as taxation, employment, and energy.
President Trump traveled to Kalispell, Montana today to review the results of his "America First" policies, including historic tax relief for Montana workers, families, and communities, fostering priv
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President Trump visited Alaska, highlighting his administration's achievements in taxation, energy development, and Arctic security.
The White House announced that President Donald Trump visited Alaska today and reviewed his administration's achievements in tax relief, responsible development of energy and mineral resources, streng
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Haidilao to provide founder Zhang Yong $14.9M loan, fueling China tax speculation ahead of offshore trust deadline
Haidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), according to a stock
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Indonesian Government's New Tax Policy Draws Criticism from E-commerce Sellers and Large Corporations
The Indonesian government is implementing measures such as e-commerce taxes, influencer taxes, and a planned excise tax on sugary drinks to boost tax revenue and support President Prabowo Subianto's a
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Musk retweeted a post from James Talarico, a Democratic nominee for the U.S. Senate in Texas, who stated: "I don't care where you get your income, and I don't care what taxes you have to raise."
Musk retweeted a post from James Talarico, a Democratic nominee for the U.S. Senate in Texas, who stated: "I don't care where you get your income, and I don't care what taxes you have to raise."
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Treasury's ETF Tax Crackdown Leaves Key Strategies Untouched
Treasury's ETF Tax Crackdown Leaves Key Strategies Untouched
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Greece Plans 15% Crypto Capital Gains Tax with €500 Exemption, Bill to be Submitted in November
Greece Plans 15% Crypto Capital Gains Tax with €500 Exemption, Bill to be Submitted in November
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European Commission considers broad levy on large companies to avoid singling out US digital services groups
The European Commission is considering a broad levy on all large companies, aiming to capture Big Tech while avoiding singling out US digital services groups.
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Trump plans executive actions to lower diesel costs, including Treasury review of taxes and expanding tax-exempt dyed diesel access
According to Politico, President Trump plans executive actions on Monday aimed at reducing diesel prices. These measures include a Treasury review of certain diesel taxes and expanding access to tax-e
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IRS Scrutinizes Tax-Dodge Trades, Impacting ETFs
The U.S. Treasury and IRS are scrutinizing transactions potentially engineered primarily to manufacture tax benefits, raising questions about the implications for ETFs. It remains to be seen how regul
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Hedge fund managers lose a tax avoidance strategy as an appeals court ruling rejects a loophole to circumvent the 3.8% federal self-employment tax.
Hedge fund managers have lost a key strategy for avoiding the 3.8% federal self-employment tax, following an eight-year campaign by the IRS that culminated in a victory at the appeals court. The strat
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US Senate Bill Exempts Stablecoin Spending from Capital Gains, Bitcoin Fees Get Carve-Out
Senator Steve Daines introduced the Aligning Digital Assets with Principles of Taxation (ADAPT) Act on September 30. The bill proposes that eligible dollar-stablecoin purchases of goods and services b
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World Bank Urges Kenya to Cut Power Prices, Stabilize Tax Regime to Attract Private-Sector Investment and Create Jobs
World Bank Urges Kenya to Cut Power Prices, Stabilize Tax Regime to Attract Private-Sector Investment and Create Jobs
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Illinois unveils draft digital asset transaction tax, detailing how a 0.2% rate would apply to stablecoins, DeFi platforms, crypto bridges, and self-custody transfers.
Illinois unveils draft digital asset transaction tax, detailing how a 0.2% rate would apply to stablecoins, DeFi platforms, crypto bridges, and self-custody transfers.
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Taxation
24H Trending
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Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
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SK Hynix is up 5.58% from its previous close, now trading at ₩1,570,000.
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Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
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Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
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China's tech stocks lose luster as STAR 50 Index plunges over 40% from July peak, CATL falls 37% YTD amid AI profit doubts
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India approves $22 billion in military spending to address border tensions with China.
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FERMA Coin: Current Status and Future Outlook
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LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
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What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
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Obama criticizes Trump's Iran war, citing US vulnerability and rising oil prices
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