Millionaire Tax Vs. Capital Gains Cuts: U.S. Tax War Intensifies Before Elections
California qualifies a 5% billionaire tax for the 2026 ballot, setting up a major election-year clash with federal…
EU Carbon Tax and Refueleu Aviation Could Raise Budget Airline Fares, LBA Warns
Germany proposes a €1,332 per tonne charge for SAF shortfalls, threatening budget airline margins and signaling higher 2026…
Florida’s June Revenue Boosted by Corporate Income Tax Receipts, Study Shows
Florida reports a $284.1M revenue surplus for June 2026, led by corporate taxes, even as sales tax and…
UPI Transactions Safe as Lok Sabha Bill Clears MDR Confusion
Finance Minister Sitharaman confirms UPI remains free for consumers as new 2026 legislation shifts potential merchant fees to…
U.S. Administration Refunds $100 Billion in Tariffs Following Supreme Court Ruling
U.S. Customs has refunded $100 billion in illegal tariffs after a Supreme Court ruling, as 25 states sue…
Poland Weighs Progressive Tax Scale, Higher Tax-Free Allowance Before Election
Poland may raise its tax-free allowance to PLN 60,000, but officials favor a phased approach because of budget…
East Cleveland Income Tax Hike Proposal Aims to Exit Fiscal Emergency
East Cleveland proposes an income tax hike to 2.5% on the November 2026 ballot to resolve a $2.6…
CBIC Notification 68/2026 Updates Customs Tariff Values for Gold, Silver, Oils, and Brass Scrap
CBIC updated tariff values for key imports, including gold, silver, brass scrap, and edible oils. The August 1…
New Inflation Adjustments for CBP Customs User Fees Announced for FY2027
CBP announced fiscal year 2027 customs user fee increases effective October 1, 2026, raising commercial truck arrivals to…
Mongolian Carriers Face Curbs Over Unpaid Airport Charges by July 31, 2026
Mongolian carriers face gate restrictions at Ulaanbaatar airport over unpaid fees as MIAT plans a ten-jet fleet overhaul…
2027 State Budget May Include Personal Income Tax Cut and IRS Rate Cut
Portugal evaluates additional 2027 income tax cuts as the minority government balances its 1.5 billion euro relief pledge…
Fraser Institute: Top 20% of Earners Pay 58.3% of Total Taxes
New 2026 studies show Canadian high earners pay 58% of taxes, while Cyprus's latest tax reform grants major…
Seoul Administrative Court Rules Retirees Must Pay Income Tax on Company-Issued Coins
Seoul court rules crypto severance pay is taxable 'other income,' denying $8 million refund to former Ground1 staff…
Federal Tax Ombudsman Flags Error in FBR’s Automated Refund System
Pakistan's Tax Ombudsman orders FBR to fix a software flaw that delays export refunds when non-commercial samples are…