Latest National taxes News

NOT REAL NEWS: A look at what didn't happen this week

Oct. 15, 2021 14:12 PM EDT

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the facts: ___ Online posts...

Dutch government to lower energy taxes amid surge in prices

Oct. 15, 2021 10:52 AM EDT

THE HAGUE, Netherlands (AP) — The Dutch government is planning a multibillion euro package to help households cope with soaring energy bills, a minister said Friday. The Netherlands is the latest European nation to seek to deal with the effects of surging prices for electricity and gas. ...

Editorial Roundup: Mississippi

Oct. 13, 2021 13:37 PM EDT

Greenwood Commonwealth. Oct. 8, 2021. Editorial: Higher Ed delivers economic boost It’s no surprise when a large university reports a significant economic impact from its services. But because it’s easy to overlook the topic, the numbers from a...

EU urges members to protect poor residents amid energy hikes

Oct. 13, 2021 07:46 AM EDT

BRUSSELS (AP) — The European Union's executive branch advised the 27 EU member countries Wednesday to adopt tax cuts, state aid and other measures to help households and businesses weather the impact of high energy prices that have fueled a renewed debate on the use of nuclear power. ...

Correction: Global Minimum Tax-Explainer story

Oct. 11, 2021 17:35 PM EDT

FRANKFURT, Germany (AP) — In a story published October 9, 2021, about a global minimum corporate tax, The Associated Press erroneously reported that the tax would apply to companies with more than 750 billion euros ($864 billion) in revenue. The figures should have been 750 million euros...

More than 130 countries reach deal on corporate minimum tax

Oct. 11, 2021 17:25 PM EDT

FRANKFURT, Germany (AP) — More than 130 countries have agreed on sweeping changes to how big global companies are taxed, including a 15% minimum corporate rate designed to deter multinationals from stashing profits in low-tax countries. The deal announced Friday is an...

A growing worry for charities: Tax havens for the rich

Oct. 09, 2021 06:01 AM EDT

A spotlight that has been thrown on how many of the rich and powerful shield their wealth is also intensifying a fear among philanthropy experts: That the tax havens being used by the wealthy will increasingly siphon money away from charitable causes. Wealthy Americans...

Editorial Roundup: South Dakota

Oct. 06, 2021 16:36 PM EDT

Yankton Press & Dakotan. October 4, 2021. ' Editorial: A Do-Over On Social Studies Standards Late last week, Gov. Kristi Noem hit the reset button on an effort to revise South Dakota’s social studies standards after the end product of the recent...

EU recommends relief funds for consumers hit by energy costs

Oct. 06, 2021 15:37 PM EDT

BRUSSELS (AP) — The European Union on Wednesday urged member countries to provide relief funds to consumers and small businesses hit hardest by rising gas and electricity prices, as criticism mounts that the bloc’s climate change fighting policies are fueling the problem. ...

'Pandora Papers' bring renewed calls for tax haven scrutiny

Oct. 05, 2021 07:43 AM EDT

WASHINGTON (AP) — Calls grew Monday for an end to the financial secrecy that has allowed many of the world’s richest and most powerful people to hide their wealth from tax collectors. The outcry came after a report revealed the way that world leaders, billionaires and...