Latest News for: Taxes offshore

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News24 | Maya on Money | Tax warning on Foreign Pension Trusts

News24 13 Jan 2025
Beware promises of tax benefits on offshore pension trusts, writes Maya Fisher-French ... .
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India Needs Favorable Policies for Web3 to Avoid Losing ₹17,700 Crores in TDS Revenue

Bitcoin World 12 Jan 2025
High Tax Rates Are Pushing Users Offshore ... Complex Tax Laws Discourage Local Engagement ... Boosting Tax Revenues ... Introduce provisions ensuring that offshore platforms comply with local tax laws, irrespective of their physical location.
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The millennial entrepreneur accused of 'misappropriating' millions from Yodel

The Daily Telegraph 12 Jan 2025
The alleged impropriety also includes claims Mr Corlett sought to evade tax by funnelling money from Yodel into an offshore company that listed only him and his mother as directors ... Ash Hussain ... Mr Corlett said ... The company added ... A Yodel spokesman said.
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Trump says ‘no windmills.’ What does that mean for Virginia’s booming wind energy industry?

Daily Press 10 Jan 2025
One of the latest wins for the industry is LS GreenLink, an offshore wind cable manufacturer, that ... In an emailed statement, she expressed support for both the tax credits and offshore wind energy.
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Why is the UK running out of gas? Shortage explained

The Daily Telegraph 10 Jan 2025
But as offshore operators drained the biggest fields, supplies naturally dwindled ... Then came the windfall tax, when the Conservative government raised taxes on the profits of offshore operators from 40pc to 75pc – later increased to 78pc by Labour.
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OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

MarineLink 09 Jan 2025
The use of federal funds, subsidies and tax breaks – something that has been key to the development of offshore wind elsewhere, in particular across the big pond in the EU – will probably be in short supply in the New Year, and beyond.
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An American Sovereign Wealth Fund Could Be the Missing Piece in Supporting Working Families

New York Observer 09 Jan 2025
UCG/Universal Images Group via G ... Sign Up ... It has captured some of that benefit through reduced costs from a stable society and tax revenues from corporations — at least those that haven’t fully exploited tax loopholes or offshore strategies ... .
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Fire hydrants ran dry in California, highlighting a major problem in firefighting

The Daily Democrat 09 Jan 2025
By BRITTANY PETERSON ... Related Articles. Environment . ... Environment . ... Environment .. Biden administration finalizes clean electricity tax credits, says Trump should keep in place ... Biden issues ban on offshore oil and gas drilling in most federal waters.
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Pfluger introduces first bill of the 119th Congress

Odessa American 08 Jan 2025
Congressman Pfluger is committed to fighting in Congress protect the American energy industry and push President Trump’s pro-energy plan to open leasing on public lands, both onshore and offshore, ...
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New research shows a quarter of freshwater animals are threatened with extinction

Chico Enterprise Record 08 Jan 2025
By CHRISTINA LARSON, AP Science Writer ... Related Articles. Environment . ... Biden administration finalizes clean electricity tax credits, says Trump should keep in place ... Biden issues ban on offshore oil and gas drilling in most federal waters ... .
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North Sea gas production to plunge after Ed Miliband’s crackdown

The Daily Telegraph 07 Jan 2025
... before higher taxes were imposed ... However, in 2022 the then Conservative government launched a tax raid on offshore oil and gas operators’ profits, with the rate charged rising under Labour to 78pc.
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DGGI can now send takedown orders against online money gaming apps evading GST

Hindustan Times 07 Jan 2025
Section 14A of the Integrated Goods and Services Tax Act requires offshore online money gaming companies that offer their services in India to pay GST by registering under the Simplified Registration ...
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Reeves employer NIC tax plans raise wind-up fears for football clubs

Yahoo Daily News 07 Jan 2025
“The finances of so many football clubs are already precarious so the sudden burden of the extra NICs is going to push many of them dangerously into more debt,” said Graham Caddock, tax investigations director at advisors Lubbock Fine.
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Trump spokesperson calls Biden’s offshore drilling ban ‘disgraceful decision’

The Liberty Beacon 06 Jan 2025
Trump spokesperson calls Biden’s offshore drilling ban ‘disgraceful decision’ ... Trump confirms single border, energy, taxes mega-bill in the works. Biden bans new offshore drilling, as ...
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Developers eye Louisiana, Texas coasts for offshore carbon storage

Grist 05 Jan 2025
The concept of storing carbon under offshore waters was supercharged by the 2022 Inflation Reduction Act, which increased tax credits for capturing and permanently storing carbon underground from $39 per ton to $85.

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