Industry News

Argentina suspends capital gains tax for foreigners ahead of reforms - New York Daily News

Thu, 07/20/2017 - 22:14

Argentina suspends capital gains tax for foreigners ahead of reforms
New York Daily News
BUENOS AIRES (Reuters) - Argentina on Thursday suspended a tax on foreigners' capital gains, just two days after it had been announced, after market participants complained the surprise move was inconsistent with President Mauricio Macri's pro-market ...

US Senate panel approves Trump pick for top Treasury tax job - New York Daily News

Thu, 07/20/2017 - 22:14

US Senate panel approves Trump pick for top Treasury tax job
New York Daily News
WASHINGTON (Reuters) - The Republican-led U.S. Senate Finance Committee unanimously on Thursday approved President Donald Trump's pick for the Treasury Department's top tax policy job, sending the nomination on to consideration by the full Senate ...

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Trump Tax Plan Could Hurt NY Middle Class Taxpayers - Lansing Star

Thu, 07/20/2017 - 22:06

Trump Tax Plan Could Hurt NY Middle Class Taxpayers
Lansing Star
"The stakes are high for New Yorkers if these changes are made to the federal tax code,"DiNapoli said. "There is a distinct possibility that President Trump's plan will hurt New York's middle class taxpayers and working families and give a windfall to ...

Ryan pitches tax reform at shoe factory as protesters gather - New York Daily News

Thu, 07/20/2017 - 15:21

New York Daily News

Ryan pitches tax reform at shoe factory as protesters gather
New York Daily News
(AP) — House Speaker Paul Ryan on Thursday pitched Republican plans for overhauling the nation's tax code at a shoe factory, as demonstrators outside protested the GOP agenda of scrapping former President Barack Obama's health care law and tax cuts.

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Colorado raked in over half a billion dollars in marijuana tax revenue - New York Daily News

Thu, 07/20/2017 - 11:52

New York Daily News

Colorado raked in over half a billion dollars in marijuana tax revenue
New York Daily News
“Marijuana tax money has been used to improve a wide range of programs and services,” Mason Tvert, an advocate for legal marijuana and VS Strategies rep, told HuffPost. “It is funding everything from school construction to substance abuse treatment to ...

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Report on onerous NY taxes 'misses the bigger picture' (Your letters) - Syracuse.com

Thu, 07/20/2017 - 09:37

Syracuse.com

Report on onerous NY taxes 'misses the bigger picture' (Your letters)
Syracuse.com
I wish to respond to the article regarding the recent report from the group Reclaim New York ("Report: NY taxes leave families with no way to save for the future," July 18, 2017). While the group may technically be "not-for-profit," it is certainly not ...

Italian tax police ask Switzerland for details on 10000 banking clients - New York Daily News

Thu, 07/20/2017 - 09:14

New York Daily News

Italian tax police ask Switzerland for details on 10000 banking clients
New York Daily News
MILAN/ZURICH (Reuters) - Italy's tax police have asked the Swiss authorities for information regarding Italians that deposited a total of 6.7 billion euros ($8 billion) in the country. The police said in a statement the move, which concerned Italian ...
Ex-Credit Suisse Banker Pleads Guilty in US Offshore Tax CaseNew York Times

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Tax Reform, Reagan Style, May Be a Tougher Fit for Trump - New York Times

Thu, 07/20/2017 - 08:32

New York Times

Tax Reform, Reagan Style, May Be a Tougher Fit for Trump
New York Times
With efforts to reshape health care seemingly in shambles, Congress now confronts an issue that business-minded Republicans (and many Democrats) really care about: tax reform. As Senator Ron Johnson, Republican of Wisconsin, put it this week, “We've ...
Tax reform advocates urge White House to pivot focusNew York Post
Tax reform shocker: the White House actually has a planAxios

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House panel approves budget measure that advances tax reform - New York Daily News

Thu, 07/20/2017 - 00:44

New York Daily News

House panel approves budget measure that advances tax reform
New York Daily News
WASHINGTON (Reuters) - The Republican-led U.S. House of Representatives took a new step toward tax reform legislation on Wednesday by approving a fiscal 2018 budget resolution that would allow the Senate to pass a sweeping tax code overhaul ...
New GOP Battle Begins as Republicans Look to Pass a BudgetNew York Times
New GOP budget would increase military spending, cut taxesNew York Post
House Budget Proposes Cuts to Medicare, Taxes on the RichNew York Magazine
House Budget Committee -House Budget Committee
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Speaker Ryan talking tax reform at New Balance shoe factory - New York Daily News

Wed, 07/19/2017 - 22:20

New York Daily News

Speaker Ryan talking tax reform at New Balance shoe factory
New York Daily News
House Speaker Paul Ryan of Wis. speaks at a news conference at the Republican National Committee Headquarters on Capitol Hill in Washington, Tuesday, July 18, 2017. Ryan said he would like to see the Senate "move on something" after the collapse of ...

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US lawmaker acknowledges corporate lobbying helped derail border tax - New York Daily News

Wed, 07/19/2017 - 22:13

New York Daily News

US lawmaker acknowledges corporate lobbying helped derail border tax
New York Daily News
WASHINGTON (Reuters) - An aggressive corporate lobbying effort to derail a Republican-backed border tax has forced lawmakers working on tax reform to seek alternatives, Kevin Brady, chairman of the tax-writing U.S. House Ways and Means Committee, ...

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Manafort Was in Debt to Pro-Russia Interests, Cyprus Records Show - New York Times

Wed, 07/19/2017 - 16:33

New York Times

Manafort Was in Debt to Pro-Russia Interests, Cyprus Records Show
New York Times
Financial records filed last year in the secretive tax haven of Cyprus, where Paul J. Manafort kept bank accounts during his years working in Ukraine and investing with a Russian oligarch, indicate that he had been in debt to pro-Russia interests by as ...

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White House Scaling Back Goals for Business Tax Cuts - New York Times

Wed, 07/19/2017 - 12:29

White House Scaling Back Goals for Business Tax Cuts
New York Times
With President Trump's promise to repeal and replace the Affordable Care Act nearly dead, administration officials are scaling back their ambitions to cut the corporate tax rate sharply, apparently taking a more pragmatic approach as they scramble to ...

House panel moves ahead on budget with hopes for tax reform - New York Daily News

Wed, 07/19/2017 - 10:04

New York Daily News

House panel moves ahead on budget with hopes for tax reform
New York Daily News
WASHINGTON (AP) — A key House panel on Wednesday took a critical first step toward enabling Republicans to revise the tax code, kicking off a daylong debate over a GOP budget that slashes safety net programs for the poor while rewarding the military ...
New GOP Battle Begins as Republicans Look to Pass a BudgetNew York Times
New GOP budget would increase military spending, cut taxesNew York Post
House Budget Proposes Cuts to Medicare, Taxes on the RichNew York Magazine
House Budget Committee -House Budget Committee
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Health Care Has GOP Down. Tax Cuts May Be the Cure. - New York Times

Wed, 07/19/2017 - 08:45

New York Times

Health Care Has GOP Down. Tax Cuts May Be the Cure.
New York Times
A protester in Washington in March. The failure of efforts to repeal and replace the Affordable Care Act is a setback for those who hoped Republican control in Washington would reverse Obama-era policies. Credit Justin Sullivan/Getty Images. WASHINGTON ...
After healthcare failure, Republicans face similar divisions on tax reformNew York Daily News
Senate GOP to Try Doomed Vote on 'Straight Repeal' of ObamacareNew York Magazine

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Canadian in Upstate NY admits collecting $383K through fake IRS tax return - NewYorkUpstate.com

Wed, 07/19/2017 - 07:15

NewYorkUpstate.com

Canadian in Upstate NY admits collecting $383K through fake IRS tax return
NewYorkUpstate.com
ROCHESTER, N.Y. (AP) -- A Canadian man admits he cheated the U.S. government out of $338,000 by filing a fake tax return with the Internal Revenue Service. Federal prosecutors say 52-year-old Jose Compuesto of Mississauga, Ontario, is the fourth ...

Russia to delay hike in tobacco excise tax by six months - New York Daily News

Wed, 07/19/2017 - 07:07

New York Daily News

Russia to delay hike in tobacco excise tax by six months
New York Daily News
MOSCOW (Reuters) - Russia's lower house of parliament approved a law to delay an increase in tobacco excise tax by six months until July 1 2018. The current excise duty stands at 1,562 rubles ($26.44) per 1,000 cigarettes and 14.5 percent of its ...

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Just. Cut. Taxes. - New York Times

Wed, 07/19/2017 - 01:21

New York Times

Just. Cut. Taxes.
New York Times
President Trump discussed tax cuts and other issues with Republican leaders at the White House in June. Credit Stephen Crowley/The New York Times. I'm not saying that Republicans couldn't still do a comprehensive and permanent tax reform in theory.

Brazil's Temer Eyes Minor Tax Reform as Pension Overhaul Stalls - New York Times

Tue, 07/18/2017 - 17:42

Brazil's Temer Eyes Minor Tax Reform as Pension Overhaul Stalls
New York Times
BRASILIA — With corruption charges delaying his unpopular proposal for the overhaul of Brazil's costly pension system, President Michel Temer is trying to quickly push through a mini tax reform, a presidential aide told Reuters on Tuesday. The ...

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New GOP Battle Begins as Republicans Look to Pass a Budget - New York Times

Tue, 07/18/2017 - 17:13

New York Daily News

New GOP Battle Begins as Republicans Look to Pass a Budget
New York Times
Credit Al Drago/The New York Times. WASHINGTON — Reeling from the collapse of their plan to repeal the Affordable Care Act, Republican lawmakers are now trying to move on quickly to the next big thing: tax legislation. On Tuesday, they took the first ...
House budget blueprint key to success of Trump tax agendaNew York Daily News
House Budget Proposes Cuts to Medicare, Taxes on the RichNew York Magazine
FY 2018 Budget - House Budget CommitteeHouse Budget Committee
Washington Post -House Budget Committee
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