Latest News for: tax policies

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Preferential tax policies to boost home sales

ECNS 20 Nov 2024
The unified standard allows more homebuyers to enjoy the favorable tax and home mortgage policies, and their home ... Preferential tax policy implemented to spur residential property sector2024-11-15 ....
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Jim Franklin: What the election means for tax policy

The Maryville Daily Times 20 Nov 2024
Although coverage of the 2024 election was dominated by the economy, taxes didn’t get much attention in the run-up to the vote. That’s a bit of a surprise, since 2025 will be a major year for America’s tax system — ....
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Shenzhen moves to slash taxes on larger home transactions, following Beijing and Shanghai

ECNS 20 Nov 2024
Earlier this week, the capital city of Beijing, as well as Shanghai also announced similar policy adjustments ... Preferential tax policy implemented to spur residential property sector2024-11-15.
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New Zealand needs carbon tax to cut emissions

Xinhua 20 Nov 2024
While all policies caused some short-term welfare losses, a carbon tax was gentler on New Zealanders' welfare and wallets overall, said researchers from the University of Auckland after comparing the ...
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Shenzhen to reduce tax on larger house transactions

Xinhua 20 Nov 2024
20 (Xinhua) -- Shenzhen in south China's Guangdong Province on Tuesday became the latest major Chinese city to reduce taxes for transactions involving larger houses ... 1, which will unify favorable tax policies for the two categories.
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Hungary Advances Tax Competitiveness with New Measures for 2025

Hungary Today 20 Nov 2024
Since the introduction of tax-cutting policies in 2010, the country has significantly reduced its tax deduction rate and achieved one of the EU’s most notable efforts in “whitening” the economy.
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Wednesday briefing: Why farmers won’t take Starmer’s inheritance tax land grab lying down

AOL 20 Nov 2024
To untangle the policy, and ... The new policy gives farmers 10 years to pay off the tax, but for many people the vast majority, if not all, of the income from their farm will go towards their tax bill.
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After EV tax break, Telangana examining the same for hybrid vehicles

The Siasat Daily 20 Nov 2024
Transport minister Ponnam Prabhakar remarked that the Telangana government is contemplating tax exemptions for hybrid vehicles as part of its new electric vehicle (EV) policy ... In addition to the tax ...
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South Korea Debates Raising Crypto Tax Exemption to $35,900

Coin Edition 20 Nov 2024
South Korea’s DPK has proposed raising crypto tax exemption levels ... Currently, the crypto tax exemptions stand at a mere $1,795 ... The ruling People Power Party (PPP) recently stated that it is considering implementing crypto tax policies in 2027.
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Trump taps Lutnick

The Hill 20 Nov 2024
How Trump and Republicans could pay for new tax cuts ... The Senate Banking Subcommittee on Economic Policy is holding a hearing on tax policy in 2025, when several provisions in the 2017 Tax Cuts and Jobs Act expire, on Wednesday at 2 p.m.
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Louisiana governor's tax overhaul faces opposition as lawmakers and lobbyists horse-trade

Times Union 20 Nov 2024
What does the tax overhaul aim to do? ... Louisiana's tax system is already ranked the tenth most regressive in the country, according to a 2024 study from the left-leaning Institute on Taxation and Economic Policy.
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Louisiana governor’s tax overhaul faces opposition as lawmakers and lobbyists horse-trade

Wtop 20 Nov 2024
What does the tax overhaul aim to do? ... Louisiana’s tax system is already ranked the tenth most regressive in the country, according to a 2024 study from the left-leaning Institute on Taxation and Economic Policy.
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Editorial Roundup: United States

Wtop 20 Nov 2024
Many Democrats thought President Joe Biden’s efforts to forgive vast swaths of student debt would be both good policy and good politics ... For many Americans who had already paid off their debts, the policy felt unfair.
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Beijing to reduce tax on larger house transactions

Lange Steel 20 Nov 2024
The Chinese capital Beijing will eliminate the distinction between ordinary and non-ordinary housing in an effort to reduce the tax burden during transactions of larger houses ... personal income taxes.

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