Latest News for: Taxes offshore

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Trump's offshore wind energy freeze: What states lose if the executive order remains in place

Beijing News 06 Feb 2025
offshore wind industry ... Denmark has been receiving power from offshore wind farms since the 1990s ... Massachusetts created an Offshore Wind Energy Investment Trust Fund to support redevelopment projects, including corporate tax credits up to $35 million.
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Canadians support using oil as weapon if Trump starts trade war

Detroit news 06 Feb 2025
Nearly 90% of people in the Atlantic provinces - which have offshore oil projects - support using export taxes if necessary, which is the strongest regional level of support found by the poll.
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US to Impose Tariffs on Canada, Mexico, and China on Feb. 1 and Tyranny on America

Free West Media 05 Feb 2025
The “tariffs” in reality are taxes imposed on imports of foreign produced goods, including the offshored production of US corporations of goods and services sold in the US ... This approach to bringing offshored US jobs back to America is incorrect.
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ByBit registers with India’s Financial Intelligence Unit following trading suspension

Invezz 05 Feb 2025
According to earlier reports, seven offshore exchanges, including Bitfinex, MEXC Global, Kraken, Huobi, Gate.io, Bittrex, and Bitstamp, owed the government INR 2900 crores (approximately $331.85 million) in goods and services tax.
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India Imposes Up to 70% Tax on Unreported Crypto Gains

Bitcoin World 05 Feb 2025
India Introduces Harsh Tax Penalties on Unreported Crypto Gains. The Indian government has implemented new legislation imposing severe tax penalties on unreported cryptocurrency gains, reinforcing its strict stance on digital asset taxation.
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GST authorities impose Rs 115.86 crore penalties on IndiGo

The Times of India 05 Feb 2025
... for denial of input tax credits for FY18, FY19, and FY20.
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OMV Petrom reports 57% decline in quarterly profit

Offshore Technology 05 Feb 2025
OMV Petrom plans to invest approximately 8bn lei this year, primarily in the Neptun Deep Black Sea offshore gas project and renewable power initiatives ... and event updates from Offshore Technology.
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India Reconsiders Crypto Regulations, But Budget 2025 Disappoints Crypto Industry

99 Bitcoins 04 Feb 2025
Prior to the budget announcement, the crypto industry tied their hopes on reforms that would alleviate hefty taxes imposed in the previous years ... High taxes and a 1% TDS have driven 90% of Indian investors to seek opportunities offshore.
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New British Virgin Isles measures don’t protect businesses or privacy – they protect criminals

The Guardian 04 Feb 2025
... Journalism and the BBC, published last week, revealed how Abramovich may have exploited Britain’s offshore havens to funnel wealth through Cyprus to the BVI and dodge up to £1bn in UK tax.
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Mississippi legislature advances online sports betting bill

Beijing News 04 Feb 2025
Mississippi is moving closer to legalizing online sports betting after a House committee approved a bill that could generate millions in tax revenue while addressing concerns from the state's casino industry.
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Elite Scottish Golf Club ownership exposed in paradise papers leak

Blitz 03 Feb 2025
While no legal wrongdoing has been proven in this case, the investigation highlights how ultra-wealthy individuals and institutions continue to exploit offshore jurisdictions to obscure ownership and reduce tax liabilities.
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India is reconsidering its crypto policy but tightens tax rules

Cryptoslate 03 Feb 2025
... Tougher crypto tax rules ... Industry experts warn that these rigid tax policies could drive crypto traders toward underground markets or offshore platforms, making regulatory oversight more challenging.
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How will Delaware navigate Trump-era environmental goals? Land use may be one answer

Delaware Online 03 Feb 2025
The flow of funds largely fueled “green energy” projects like electric vehicle charging stations, related tax credits, offshore wind approvals and refitting existing power plant infrastructure for future hydrogen power generation.
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US to Impose Tariffs on Canada, Mexico, and China on Feb. 1 and Tyranny on ...

The Unz Review 02 Feb 2025
The “tariffs” in reality are taxes imposed on imports of foreign produced goods, including the offshored production of US corporations of goods and services sold in the US ... This approach to bringing offshored US jobs back to America is a failure.

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