The Presidential Commission on Good Government (PCGG) has recovered 309.84 billion pesos in assets linked to the Marcos family. President Ferdinand Marcos Jnr disputes the classification of these assets as ill-gotten wealth, citing legal victories.
JP Morgan CEO Jamie Dimon has lobbied UK Chancellor John Healey against imposing windfall taxes on banks, warning of potential job losses. The intervention follows growing pressure from campaigners and the TUC to tax record bank profits to fund public spending.
Rep. Alexandria Ocasio-Cortez's recent decision to freeze her eggs highlights the steep costs and widespread lack of insurance coverage surrounding the elective reproductive procedure in the U.S.
Lawrence, Massachusetts Mayor Brian DePena was arrested and charged with wire fraud and money laundering for allegedly misusing a $1.5 million COVID-19 pandemic relief loan meant for his tire business to pay personal mortgages, taxes, and campaign expenses.
A bipartisan ethics proposal aimed at securing passage of the US crypto market structure bill includes a tax-deferral benefit that could save President Donald Trump millions upon divesting from crypto-related businesses.
Washington a remboursé près de 100 milliards de dollars aux importateurs après l'annulation par la Cour suprême des droits de douane imposés par Donald Trump en avril 2025, invalidant les accords bilatéraux conclus.
Wisconsin is revoking Minocqua Brewing Company's permits after officials alleged beer was transported from Illinois without required permits or taxes. Owner Kirk Bangstad plans to appeal.
Moscow sends 68% of its tax revenue to the federal budget, with receipts 1.5 times larger than total transfers to all Russian regions, Mayor Sergey Sobyanin said at a forum.
A coalition of 25 US states filed a lawsuit against the Trump administration over new tariffs of 10% to 12.5% on imports from 60 trading partners, asking the US Court of International Trade to block them and refund duties already paid.
Deutsche Bank Research's report reveals Turkey as the most expensive market for the iPhone 17 Pro, costing over twice the US price, while Japan offers the cheapest. The report highlights taxes, tariffs, and currency weakness as key factors in price disparities, particularly widening the Europe-US gap.
Chevron, Shell, and ExxonMobil reported record or near-record quarterly profits, collectively averaging $404 million daily, driven by high crude prices and refining margins due to global conflicts. This has intensified calls from European lawmakers and US Democrats for windfall taxes, a policy ExxonMobil's CEO called "misguided."
Adani's Carmichael thermal coal operations in Queensland generated almost $1 billion in revenue but reported a $340.6 million loss, avoiding company tax for the past year and since opening in 2021. The Abbot Point port business also paid no tax, prompting calls for new regulations on foreign entities' capital structures in Australia.
BP announced plans to sell its North Sea oil and gas business, which employs 1,100 people across five production hubs, to focus on high-value opportunities. The move follows declining production, tax changes, and similar divestments by other energy majors, despite recent UK government signals for a pragmatic approach to North Sea resources.
Niesr said Prime Minister Andy Burnham will need to raise taxes or cut spending to pay for his defence and cost-of-living pledges. It warned inflation could stay higher for longer because of the Iran war and said interest rates may not fall until 2028.
Les États-Unis, sous Donald Trump, ont imposé de nouveaux droits de douane de 10% ou 12,5% à 60 pays et territoires, dont l'Union européenne et le Brésil, citant le "travail forcé" après l'expiration de mesures précédentes. Cette stratégie protectionniste vise à réduire le déficit commercial, mais un économiste la juge plus proche de l'échec.
The U.S. will impose 10% to 12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans, effective Friday as temporary 10% worldwide tariffs expire.
President Trump is implementing new 10-12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans. These Section 301 tariffs take effect Friday, replacing expiring temporary levies and impacting 99% of US imports.
Dès ce vendredi, les États-Unis appliquent de nouvelles surtaxes douanières de 10 % ou 12,5 % sur des produits importés d'une soixantaine de pays, dont l'UE, le Royaume-Uni, le Mexique et la Chine. Cette mesure, justifiée par la lutte contre le travail forcé, remplace des droits temporaires et vise à éviter un rejet par la Cour suprême.
President Trump is implementing new 10-12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans. This move follows the expiration of temporary tariffs imposed after a Supreme Court defeat, utilizing Section 301 of the Trade Act of 1974.
The Trump administration is implementing new 10-12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans. These tariffs, imposed under Section 301, replace expiring temporary levies and aim to address human rights abuses and distortive trade practices.
South Korean newspapers on July 24 reported extensively on statements by "Lee" regarding property holding taxes, indicating a policy direction to differentiate taxes, potentially reducing them for owner-occupied homes while strengthening them for high-value or speculative properties.
Over 120 wealthy Britons, including Gary Lineker and Brian Eno, have written an open letter to new Prime Minister Andy Burnham, urging for higher taxes on the richest to foster a more equal society and fund public investment. The group, organized by Patriotic Millionaires, supports a 2% tax on wealth over £10m.
European entrepreneurs considering the digital nomad lifestyle must meticulously plan visas, tax implications, international finances, insurance, time zone management, cybersecurity, and emergency funds. A recent surge in digital nomad visa searches highlights the growing trend, but business owners need strategic preparation to ensure long-term stability and profitability while working abroad.
Despite Donald Trump's push to revive US manufacturing, companies like Zion Foodtrucks in Colorado face increased costs from steel and aluminum tariffs and higher fuel prices due to the Iran war, leading to decreased business and tougher competition from Mexican manufacturers.
