A survey by the Fair Tax Foundation reveals 67% of Britons want higher digital services taxes on global tech giants like Meta and Google to increase their UK tax contributions. The UK's 2% digital services tax, introduced in 2020, raised £800m in 2024-25 but faces criticism and US opposition.
Despite historical efforts, including Obama's administration, to curb income inequality, the US shows a persistent disinterest in redistribution. Factors like public aversion to taxes and wealth accumulation strategies by the ultra-rich contribute to widening disparities, potentially exacerbated by AI.
California Democrats have passed a new sales tax on digital software downloads, set to take effect next year. Governor Gavin Newsom is expected to sign the measure, projected to generate $900 million annually. The tax aims for parity between physical and online software sales.
NRIs can significantly reduce tax on NRE deposits in India as this income is tax-exempt. While NRO account interest is taxable, NRIs can leverage DTAAs to lower their tax burden or claim credits in their country of residence, avoiding double taxation.
Le président français Emmanuel Macron a réagi aux menaces de Donald Trump d'imposer des taxes de 100% sur le vin français, affirmant que "ce n'est pas les États-Unis qui décident" pour les Européens. Michel-Édouard Leclerc a également mis en garde Trump.
Gina Rinehart suggested offering free islands near Townsville to Elon Musk for SpaceX satellite construction and launches. She also proposed attracting Taiwan's chip industry with free land and tax holidays, and skilled Israelis for defense manufacturing, advocating for deregulation and tax cuts.
Nvidia CEO Jensen Huang stated he doesn't support the US government taking a stake in AI companies, arguing Americans already benefit through investments, jobs, and taxes. He also highlighted energy production as a critical challenge for US AI ambitions.
Pakistan's government is removing the 18% sales tax on women's menstrual products and birth control, dropping it to zero in the next fiscal year's budget. This follows a successful lobbying and legal effort by activists.
Le président français Emmanuel Macron a répondu aux menaces de Donald Trump d'imposer des taxes de 100% sur le vin français, affirmant que "C'est pas les États-Unis qui décident". L'Arcom met également en demeure CNews pour non-respect du pluralisme des opinions.
Le Parlement européen a approuvé un accord commercial avec les États-Unis, supprimant les droits de douane sur la plupart des importations américaines. Cet accord, qui fait suite à un ultimatum de Donald Trump, offre un accès préférentiel au marché européen pour les produits agricoles américains.
New York and the UK are implementing new taxes on luxury properties to address the housing crisis and fund public services. While these measures aim to target the ultra-rich, experts suggest they are only a partial solution to broader issues of real estate financialization and monetary policy.
The UK government has announced a ban on social media use for individuals under the age of 16. The government is seeking feedback from 16 and 17-year-olds regarding their perspectives on this new regulation.
Emmanuel Macron s'est entretenu avec TF1 en marge du G7. Il a abordé l'accord Iran-USA, les menaces de Donald Trump sur le vin français et les moyens de protéger les enfants après la mort de Lyhanna.
Donald Trump a menacé d'imposer une taxe de 100% sur le vin français si la France maintient sa taxe sur les services numériques. Emmanuel Macron a réagi en affirmant que cette taxe fait partie du droit européen et qu'elle n'est pas négociable.
As Russia faces setbacks in Ukraine, analysts fear Vladimir Putin may escalate the conflict rather than capitulate. Potential reactions range from cyberattacks and sabotage to nuclear threats, as Ukraine gains ground and Russian influence campaigns expand.
France's tax revenue from alcohol and tobacco fell by 25% in the first quarter of 2026, totaling €3 billion compared to €4 billion in the same period last year. This significant drop, despite a 2% increase in other tax revenues, is attributed to a combination of factors including a calendar effect and a 6% decline in tobacco taxes and 10% in alcohol taxes.
French tax revenue from alcohol and tobacco fell by 25% in the first quarter of 2026, totaling €3 billion compared to €4 billion in Q1 2025. This significant drop, despite a 2% increase in other tax revenues, is attributed to a combination of calendar effects and declining consumption of tobacco and alcohol.
A new study by ECCO, an Italian climate think tank, reveals that Italian families pay up to four times more in taxes and charges on electricity compared to gas. For industrial sectors, this gap exceeds twenty times. The study presented in Brussels highlights the need for a reform of energy taxes and charges to promote electrification investments.
Cash App introduces a new mobile service, Cash App Mobile, integrated with its financial tools. The service, "Cash App Green and Families," offers unlimited 5G data, talk, and text on AT&T's network, aiming to provide financial flexibility and savings for users.
AI firm Anthropic commits $200 million to research AI's labor market impact and economic effects, proposing policies like UBI funded by AI taxes. CEO Dario Amodei warns of disruption exceeding past tech shifts.
The US Treasury has started refunding $22 billion in tariffs after the Supreme Court canceled surcharges in February. The administration appealed the decision on June 2nd, potentially impacting these initial refunds.
A World Inequality Lab report proposes a "plan for equality and prosperity within planetary boundaries," including wealth taxes, reduced working hours, and diet changes to double incomes for 89% of the world population by 2100 and limit global heating to 2C.
This guide explores online tax filing options, focusing on H&R Block's services. It details free filing for simple returns, tiered pricing for complex needs, and the option for professional review, aiming to simplify the tax season.
The Trump administration is proposing new tariffs of 10-12.5% on imports from 60 countries, citing insufficient efforts to combat forced labor. This move follows a Supreme Court decision that limited Trump's trade war measures.
