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Stories published on May 9
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  • Stories published on May 9

Thursday, May 9

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Thousands of tourists ditch UK to shop in other parts of Europe with no VAT fees as retailers urge Government to scrap hated tourist tax

www.dailymail.co.uk

Analysis shows 162,000 visitors from outside the European Union sought refunds on VAT exclusively in the UK in 2019, a year before the scheme was ended.

Kate Garraway hit by £700k tax bill for late husband Derek's company

Kate Garraway has been forced to seek help after being hit with a £716,000 tax bill from her late husband Derek Draper's company

‘No tax increase’ included in Va. budget deal, avoiding state government shutdown

wtop.com

Budget negotiators in the Virginia General Assembly have reached a bipartisan deal, ending a lengthy standoff over the spending plan and avoiding a highly unusual state government shutdown.

Kate Garraway seeking financial aid over late husband Derek's £716K tax bill

The Good Morning Britain presenter has been hit with a hefty bill following the tragic death of husband Derek Draper.

Hutchins breaks ground on new city hall with no tax increase to residents

HUTCHINS—The city of Hutchins broke ground last week for its new City Hall and event center, which is expected to be completed next July. In addition to Hutchins City Council members, State Senator Royce West, State Representative Carl…

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BART may need tax dollars to keep running as pandemic funding is drying up

abc7news.com

As money is starting to dry out, BART is looking for new ways to find funding.

$2.3 Billion Tax-Funded Grant to Renovate JFK International Airport Awarded Exclusively to Minority and Women-Owned Enterprises

Governor Kathy Hochul announced that a $2.3 billion tax-funded grant in redevelopment contracts for JFK International Airport has been awarded exclusively to minority and women-owned business enterprises (MWBE).

Cities Are Rewarding Volunteers With Property Tax Rebate

www.newsweek.com

Norristown, Pennsylvania, was one of the first cities to adopt a program like this.

Georgia Tax Incentives Still Popular With Filmmakers and Voters Despite Political Issues

variety.com

Georgia’s base 20% transferable tax credit isn’t that impressive when compared to the tax credits in other top production hubs such as California (20%-25%), New York (30%) and New Mexico (25%-40%). What sets the state’s film and TV…

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IRS reminder: Time to claim $1 billion in tax refunds from 2020 expires on May 17

www.cnbc.com

There is still $1 billion in unclaimed tax refunds from 2020, but the deadline to collect your payment is approaching. Here's what late filers need to know.

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Kate Garraway 'calls in experts' after being hit with crippling £700,000 tax bill

www.express.co.uk

Good Morning Britain star Kate Garraway has reportedly been hit with another financial woe after closing her late husband Derek Draper's company.

Tinubu’s govt to tax lottery, gambling industries

politicsnigeria.com

President Bola Tinubu’s government has revealed fresh plans to introduce tax in the lottery, gambling and telecommunication industries. Politics Nigeria reports that the presidency had earlier unveiled a plan to increase the Value Added…

Clinton: Some Trump Supporters Care More About Tax Cuts than the Sanctity of the Constitution

www.breitbart.com

Former Secretary of State Hillary Clinton said Thursday on MSNBC's "Morning Joe" that some supporters of former President Donald Trump cared more about tax cuts than the sanctity of the Constitution.

Extending Trump-era tax-code overhaul could stick these 6 groups with a big bill

www.marketwatch.com

The strategy of funding tax cuts with debt may no longer be feasible.

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Kate Garraway forced to seek financial help over late husband Derek’s £716,000 tax bill

www.mirror.co.uk

Good Morning Britain star Kate Garraway's husband Derek Draper died at the start of the year after a lengthy battle with Covid

FCTA seals five tax defaulting entities, vows to seal more

www.vanguardngr.com

The Federal Capital Territory FCT Administration on Thursday made good its threat to seal establishments in the territory who have defaulted in their tax obligations.

The real cost of Trump's 2017 tax cuts for the rich? Double the estimate

www.dailykos.com

There is really only one signature legislative “achievement” from Donald Trump’s time in the White House: The 2017 Tax Cuts and Jobs Act. He did other things while in office—bungling the pandemic, wrecking relationships with allies,…

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Shohei Ohtani's Former Interpreter Pleads Guilty to Bank and Tax Fraud

www.breitbart.com

Ippei Mizuhara, the friend and former interpreter of Los Angeles Dodgers star Shohei Ohtani, has pleaded guilty to stealing millions from Ohtani to cover gambling debts, the U.S. Department of Justice reported.

Tax evasion: FCT-IRS seals hotel, international company in Abuja

The Federal Capital Territory Internal Revenue Service (FCT-IRS) on Thursday, May 9, sealed Regency Hotels, a school, and three business premises in Abuja over evasion of tax The FCT-IRS Acting...