Latest National taxes News

US, EU agree to intensify talks on 'green subsidies' dispute

Dec. 05, 2022 15:48 PM EST

WASHINGTON (AP) — The United States and European Union agreed Monday to intensify talks to resolve EU concerns over major subsidies for American companies contained in a U.S. clean energy law. Although no deal was reached at a meeting of the bilateral bilateral Trade and...

Argentina eyes $100 billion as US will share banking data

Dec. 05, 2022 13:48 PM EST

BUENOS AIRES, Argentina (AP) — The U.S. and Argentina agreed on Monday to have their tax agencies automatically share data about citizens' banking and investments in each other's countries. The government in Buenos Aires hopes this will lead to an estimated $100 billion that Argentines have tried...

Liz Weston: Make the most of new rules for charitable giving

Dec. 05, 2022 07:02 AM EST

Most people no longer get a tax deduction when they donate to charity. That shouldn’t keep you from making donations, but you may want to change your approach. Typically, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers...

Orban says Hungary will stick to veto of EU-Ukraine aid plan

Dec. 02, 2022 06:14 AM EST

BUDAPEST, Hungary (AP) — Hungary's prime minister said Friday that he will continue to oppose a European Union plan to provide an 18-billion-euro ($19-billion) aid package to Ukraine in 2023, a position that promises sustained tensions as the bloc and the nationalist Hungarian government wrangle...

EXPLAINER: US-European differences on climate law persist

Dec. 01, 2022 19:31 PM EST

WASHINGTON (AP) — President Joe Biden on Thursday tried to allay concerns raised by French President Emmanuel Macron about a clean energy law that benefits electric vehicles and other products made in North America. But the U.S. and Europe remain divided over the landmark law. ...

Editorial Roundup: South Carolina

Dec. 01, 2022 15:54 PM EST

The Times and Democrat. November 30, 2022. Editorial: S.C. makes itself more attractive to the military South Carolina continues to grow as a military-friendly state. South Carolina is home to eight major military installations and more than 417,000...

Editorial Roundup: Georgia

Dec. 01, 2022 15:21 PM EST

Valdosta Daily Times. November 29, 2022. Editorial: Not too late for flu shot It is not too late to get a flu shot. The stress on the health care system by a very active flu season, persistent COVID-19 and an increase in RSV patients is palpable but the...

IG: Tax audits in years of Comey, McCabe reviews were random

Dec. 01, 2022 13:00 PM EST

WASHINGTON (AP) — A watchdog investigation initiated after the tax returns of two former FBI directors were subjected to intensive audits during the Trump administration has concluded that the reviews from those years were conducted at random. The Treasury Inspector General for Tax...

Treasury making Trump taxes available to House committee

Nov. 30, 2022 17:32 PM EST

WASHINGTON (AP) — The Treasury Department said Wednesday it has complied with a court order to make former President Donald Trump's tax returns available to a congressional committee. The Supreme Court last week rejected Trump’s request for an order that would have prevented the...

Iraqi PM: Probe recovers part of $2.5B embezzled from taxes

Nov. 28, 2022 03:25 AM EST

BAGHDAD (AP) — Iraq's government said on Sunday it will recover part of nearly $2.5 billion in funds embezzled from the country's tax authority in a massive scheme involving a network of businesses and officials. Approximately 182 billion Iraqi dinars, or $125 million, of the...