Latest News for: tax break

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ECIDA backs $4M in tax breaks for 4 projects; recaptures tax savings from Sumitomo

The Buffalo News 24 Apr 2025
The Erie County Industrial Development Agency green-lighted a plan to recapture more than $500,000 in tax breaks from Sumitomo Rubber USA, after the company closed its Town of Tonawanda plant in November ....
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EVs to cost more under a Coalition government, after Dutton’s apparent backflip on popular tax break

The Guardian 24 Apr 2025
Electric vehicles would cost more under a Coalition government, after Peter Dutton confirmed he would scrap a popular tax break for EV drivers in an apparent backflip that has caused confusion and anger among clean car advocates.
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Back To The Fuel Guzzlers? Coalition Plans To End EV Tax Breaks Would Hobble The ...

MENA FN 24 Apr 2025
(MENAFN - The Conversation) If elected, the Coalition has pledged to end Labor's substantial tax break for new zero- or low-emissions vehicles. This, combined with an earlier promise to roll back ... .
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Cyprus announces new tax breaks to lure back expatriates

Philenews 24 Apr 2025
President Nikos Christodoulides on Thursday announced new tax incentives aimed at encouraging skilled Cypriots working abroad to return home, as part of a broader strategy to transform “brain drain” into “brain gain”.
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All She WroteTax package was short on planning and long on politics

Ruidoso News 24 Apr 2025
The Senate’s tax committee added $70 million of its own tax breaks ... The final compromise involved paring down tax breaks and pushing them into fiscal 2027, so lawmakers next year would have to figure out how to pay for them.
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Texas Offers Tax Break on Emergency Essentials April 26-28 Propane Council Highlights Key Preparedness Items Like Generators, Detectors

PR Newswire 24 Apr 2025
Some of the other qualifying tax-exempt items include Ground anchor systems and tie-down kits, first aid kits, and fire extinguishers.
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How Trump's tariffs hurt tax reform | The Wall Street Journal

Journal Gazette 24 Apr 2025
The latest example are reports that the Trump administration may create a tax break for U.S ... the goals of Trump’s 2017 tax reform, which simplified the corporate code by eliminating sundry tax breaks.
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Christodoulides set to woo Cypriots abroad to return home

CyprusMail 24 Apr 2025
Four and a half years later, last November, he declared victory, telling a European People’s Party conference that 300,000 Greeks abroad have returned to the country since the tax break was introduced.
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Topshop to return to high street with outlets in other retailers’ stores

AOL 24 Apr 2025
Calamonte said the company was focusing on “delivering value” for its customers in a “volatile environment” amid rapidly changing plans for tariffs and tax breaks on imported goods in the US.
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How Peter Dutton wants to change the way Aussies drive forever - and what it ...

The Daily Mail 24 Apr 2025
Australians buying a fully-electric car would miss out on tax breaks should Peter Dutton win next month's election ... Australians thinking of buying a fully-electric car would miss out on tax breaks should Peter Dutton win next month's election.
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North Canton is financially irresponsible | Letter

Canton Repository 24 Apr 2025
Year after year, costing the taxpayer lost tax revenue, higher insurance costs, and daily maintenance.The city continues to give an out-of-state millionaire millions in tax breaks, (aka the Hoover Co.
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Top Goldman Sachs banker Richard Gnodde quits UK in wake of Labour tax raid

The Daily Telegraph 24 Apr 2025
Measures include ditching inheritance tax breaks for overseas trusts, raising capital gains tax to 24pc for higher earners and taxes on pensions inherited as part of estates from April 2027 ... breaks.
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Maine lawmakers propose costly compromise on property taxes

Bangor Daily News 24 Apr 2025
The top Democrat and Republican in the Maine Senate are backing a property tax relief compromise that may run into cost-related hurdles in a tight state budget environment ... 15 on improving the property tax process and reducing Maine’s tax burden.
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Lawmakers challenge Lamont to tax rich to pay for child tax credit

The CT Mirror 24 Apr 2025
A tax break for middle-class families, a capital gains surcharge for the rich ... “If Washington insists on handing billionaires another tax break, we will ensure some of that windfall comes back to the ...
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No more income taxes? Here’s what economists say about Trump statement on tariffs

Amarillo Globe-News 24 Apr 2025
... backfill a portion of Trump’s planned tax cuts, which includes an extension to the 2017 Tax Cuts and Jobs Act and creating new tax breaks, such as no tax on tips, overtime or Social Security benefits.
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