Equalising Capital Gains Tax with Income Tax Would Cost Treasury £7.8bn
UK Capital Gains Tax alignment with Income Tax could cost the Treasury £7.8 billion annually due to investor…
Airlines Face $127B Extra Costs from Carbon Credit Shortage in International Aviation Offset System
Airlines face $127B in costs by 2035 due to carbon credit scarcity, with Gulf carriers most exposed. Expect…
PP’s Borja Sémper Proposes €3.2 Billion Tax Relief Package to Ease Spanish Tax Burden
Partido Popular proposes €3.2 billion in tax relief via IRPF bracket adjustments and zero VAT for small freelancers…
Labor Relents on Widow Tax at 11th Hour as Bill Passes with David Pocock Support
Australia passes Labor tax reforms but drops the 'widow tax' on June 25, 2026, maintaining existing property rules…
Burnham’s Plan to Replace Green Levies with Capital Gains Tax Reforms
Andy Burnham’s team proposes shifting green levies from energy bills to targeted capital gains taxes to lower household…
South Korea Multi-Home Capital Gains Tax Surcharge Hits Ownership Structure
South Korea plans to reintroduce a Multi-Home Capital Gains Tax Surcharge in 2026, impacting owners of multiple properties…
Egypt Replaces Capital Gains Tax on Listed Shares with Unified Stamp Duty
Egypt replaced the 10% capital gains tax on listed shares with a 0.05% unified stamp duty on transaction…
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Coca-Cola Appeals to Eleventh Circuit in $20 Billion IRS Transfer-Pricing Dispute
Coca-Cola heads to the Eleventh Circuit on June 25, 2026, appealing a $20 billion transfer-pricing tax dispute with…
Greens Propose Wealth Tax, Inheritance and Gift Tax, and Corporate Profits Levy
New Zealand's Green Party proposes a 2.5% wealth tax and 33% inheritance tax for 2026 to fund income…
King Charles to Reveal Royal Household Tax Details for First Time
King Charles will publish his personal tax bill in the royal household's annual report on June 26, 2026.…
Labor Faces Senate Fight to Pass Watered-Down Tax Changes
Labor struggles to pass revised tax changes in Australia's Senate as startup founders warn of potential talent exodus…
IRS Panel Urges Modernization Under One Big Beautiful Bill Act Amid Workforce Reductions
ETAAC’s 2026 report proposes 18 IRS modernization changes, including electronic W-2 delivery, better fraud controls, separate signatures on…
Corporate Tax Rate Stays at 21% Despite Bank Tax Rumors
The 2026 federal corporate tax rate stays at 21%. Businesses must ignore false bank tax claims and meet…
Federal Court Rules Income Tax on Immovable Properties Confiscatory Under Section 7E
Pakistan’s FCC reportedly labels Section 7E property tax as 'confiscatory,' potentially reshaping tax demands for immovable property and…