Latest National taxes News

Ex-mayor’s indictment adds to Baltimore’s corruption woes

Nov. 21, 2019 12:26 AM EST

BALTIMORE (AP) — The ex-mayor of Baltimore, a city where law enforcement at all levels has long battled corruption and violent crime, is set to appear Thursday in federal court on fraud and tax evasion charges involving her self-published children’s books. Catherine Pugh, a Democrat, is scheduled to...

Divided US House committee backs pot decriminalization

Nov. 20, 2019 7:21 PM EST

LOS ANGELES (AP) — A divided U.S. House committee approved a proposal Wednesday to decriminalize and tax marijuana at the federal level, a vote that was alternately described as a momentous turning point in national cannabis policy or a hollow political gesture. The House Judiciary Committee approved the...

Japan exports, imports weaken amid trade tensions, tax hike

Nov. 19, 2019 11:50 PM EST

TOKYO (AP) — Japan’s exports fell 9.2% in October from the year before, the biggest drop in three years as the U.S.-China trade war and tensions with South Korea bit into demand. The tariff war between the U.S. and China has taken a toll across Asia, hurting manufacturers and supply chains. Imports...

German authorities search homes, offices in tax fraud probe

Nov. 19, 2019 6:08 AM EST

BERLIN (AP) — German authorities have raided the homes and offices of six businesspeople and bankers as part of an investigation into a massive tax fraud scheme. Hesse state prosecutors said Tuesday in addition to 12 searches in Hesse and Bavaria, an apartment was searched in the Netherlands. The suspects,...

Norcross defends tax breaks at hearing where critic removed

Nov. 18, 2019 9:16 PM EST

TRENTON, N.J. (AP) — One of New Jersey’s most influential Democratic powerbrokers disputed corruption allegations at a legislative hearing Monday where a woman organizing protests against him was dragged from the room by state police. George Norcross is an executive at insurance broker Conner Strong...

Chief justice orders delay in House fight for Trump records

Nov. 18, 2019 5:26 PM EST

WASHINGTON (AP) — Chief Justice John Roberts is ordering an indefinite delay in the House of Representatives’ demand for President Donald Trump’s financial records to give the Supreme Court time to figure out how to handle the high-stakes dispute. Roberts’ order Monday contains no hint...

Editorials from around Ohio

Nov. 18, 2019 3:37 PM EST

Recent editorials of statewide and national interest from Ohio newspapers: It’s past time to put country first Akron Beacon Journal Nov. 17 How did America get here? This fractured place where facts matter less and less, and neighbors can’t even share how they really feel. How did we become a nation...

Czechs to impose 7% tax on global internet giants

Nov. 18, 2019 10:53 AM EST

PRAGUE (AP) — The Czech government has approved a plan to adopt a tax on internet giants like Google, Amazon, Facebook and Apple. Joining France and some other countries, the measure would impose a 7% annual tax on companies’ digital business revenues in the Czech Republic. It would apply to...

NRA tax filing: Embattled CEO earned about $2 mil last year

Nov. 15, 2019 8:42 PM EST

The National Rifle Association’s embattled top executive earned about $2 million last year at a time when the gun rights lobby is beating back challenges from regulators, longtime members and gun control groups, according to tax filings cited in media reports. The tax filings come as the NRA faces...

Trump asks justices for temporary block of House subpoena

Nov. 15, 2019 3:09 PM EST

WASHINGTON (AP) — President Donald Trump wants the Supreme Court to keep House Democrats from getting his financial records at least until the justices resolve a broader fight over efforts to subpoena a sitting president’s records. Trump filed an emergency appeal with the court Friday in a case from...