Taxes Offshore

Latest News for: Taxes offshore

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Rachel Reeves urged to crack down on wealthy tax avoiders

The Guardian 26 Jul 2024

... avoid multimillion pound inheritance and capital gains tax bills, following a Guardian investigation.

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Illinois could bring in billions by regulating, taxing online gambling

Chicago Sun-Times 26 Jul 2024

... grow the tax revenue pie even more by legalizing, regulating and taxing iGaming, the online casino games that millions of people in Illinois already play via offshore websites and downloadable apps.

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Super-rich being advised how to avoid Labour tax clampdown, undercover investigation suggests

The Guardian 25 Jul 2024

Wealthy being pitched offshore products said to shelter fortunes from inheritance tax and capital ...

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Sanders may bring his populist brand to powerful Finance panel

Roll Call 25 Jul 2024

Sanders has introduced 11 bills since the start of last year that were referred to the Finance Committee, including legislation that would restore the corporate tax rate to 35 percent and end ...

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Harris to Raise Corporate Income Tax

Armstrong Economics 24 Jul 2024

Companies are rushing to friendshoring opportunities to avoid the tax that comes with the Made in America label ... Instead of implementing meaningful legislation to promote American businesses, Kamala Harris plans to increase taxes.

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Top 5 reasons for moving a tech start-up to the UAE from Cyprus

The Arabian Post 24 Jul 2024

Arabian Post - ... It is not a secret that Cyprus used to be an offshore tax haven in the past ... See, in the UAE you pay no taxes at all. And even if you do pay a 9% corporate tax, this is still a very low taxation rate compared to most jurisdictions.

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India drops e-commerce levy that irked the US

Live Mint 23 Jul 2024

;The idea has been to tax payments made to offshore entities by Indian consumers of these services as the technology service providers may not have a physical presence here and therefore the income ...

photo: White House / Lawrence Jackson

Vice President Kamala Harris delivers remarks at the kickoff for the Reproductive Freedoms Tour, Monday, January 22, 2024, at the International Union of Painters and Allied Trades (IUPAT) District Council 7 in Big Bend, Wisconsin.

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Harris has championed more progressive ideas than Biden

CNN 23 Jul 2024

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Corporate Bankruptcies Surpass Pandemic Levels

Armstrong Economics 23 Jul 2024

Americans are opting to file for bankruptcy at a faster pace as they cannot repay their debts ... Countless businesses are taking their money offshore to places like Mexico, bringing with them tax revenue and jobs ... ....

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Delayed sand project in north San Clemente will start July 31

Orange County Register 22 Jul 2024

San Clemente is also exploring various “sand retention” structures, studying ways to not just infuse sand onto beaches, but keep it in place using jetties or artificial offshore structures.

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The post-1987 election years and the rise to the Labour leadership

The Malta Independent 21 Jul 2024

Started as an “offshore” system before 1990, had so-called financial services been promoted as a secondary and profitable line of activity, they would not have been problematic.

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Tax issues may lead millionaires to leave UK

Gulf Today 20 Jul 2024

Starmer says the overhaul will make Britain’s tax system fairer and raise funds for stretched public services ... Assessing how much more could be raised by changing tax perks on offshore trusts is more difficult.

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FBI informant Alexander Smirnov

The Daily Mail 20 Jul 2024

... stock public companies and offshore companies ... Konstantin is also a partner in Felymos Trades Inc, a company based in the offshore tax haven of Panama, another document obtained by DailyMail.com shows.

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$200 million cable plant planned for Baltimore’s Wagner’s Point to support offshore wind, power grid

Baltimore Sun 19 Jul 2024

A subsidiary of a Belgian-based company plans to build a cable plant in Baltimore’s Wagner’s Point to serve the offshore wind and power grid industries, creating 120 manufacturing jobs by the end of 2026.

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Globally mobile millionaires threaten to desert Britain over tax

Hong Kong Standard 19 Jul 2024

Starmer says the overhaul will make Britain's tax system fairer and raise funds for stretched public services.  ... Assessing how much more could be raised by changing tax perks on offshore trusts is more difficult.