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Stories published on May 20
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  • Stories published on May 20

Monday, May 20

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Stamp duty on shares must be axed, says London Stock Exchange boss amid tax is holding back investment

www.dailymail.co.uk

Julia Hoggett (pictured) became the latest City figure to take aim at the levy, which forces investors to pay a 0.5% tax on British shares.

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EXCLUSIVE: Ending Tax Burden On Cannabis Expenses Will Help Small Businesses 'Flourish,' Says NJ Industry Leader

www.benzinga.com

Overcoming the 280E tax burden, potential challenges and opportunities for the NJ cannabis market.DOJ reclassifies marijuana to Schedule III, offering potential for small businesses in NJ to flourish with reduced taxes. Mixed reactions to…

22

Here’s How To Use Your Tax Refund To Increase Wealth

It's important to not spend your entire tax refund. You must have a plan in place. Here are 4 ways to use your upcoming tax refund wisely.

California is imposing a new tax on guns. Will it impact sales?

www.theguardian.com

Beginning July, state will become the first to charge an 11% excise tax, on top of federal and sales taxes, with an aim to reduce gun violence

Teacher uses Kai Cenat, Duke Dennis & ‘Fanum tax’ in viral math lesson

www.dexerto.com

An elementary school teacher is going viral for using Kai Cenat, Duke Dennis and the ‘Fanum tax’ to teach her students a math lesson.

21

Venice’s tourist tax declared ‘resounding failure’ as visitor numbers soar

www.express.co.uk

The five euro payment is a world first and applies to people taking day trips to Venice between the end of April and mid-July, but there are exceptions.

Nakuru commences formulation of new tax policy

www.the-star.co.ke

Stakeholders want to help develop a tax policy that will optimise revenue collection.

20

Cohen was already a perjurer, fraudster and tax cheat — now he’s also a thief

nypost.com

Under another day of withering cross-examination on Monday, former Trump lawyer Michael Cohen admitted that he stole $60,000 from the Trump Organization. Between February and December 2017, Cohen was paid $35,000 per month by the former…

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Hunter Biden wants tax trial delayed until September, despite judge’s warning

nypost.com

Hunter Biden wants to postpone his tax evasion trial by over two months, despite a judge's prior warning he had no plans for "significant delay."

Yellen says US opposed to global tax on billionaires: ‘That’s something we can’t sign on to’

nypost.com

Those who back the idea say it would close the wealth inequality gap while allowing governments to spend more on social programs with tax revenues.

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SC grants telcos’ interest waiver on tax dues on licence fees

www.thehindu.com

The 1999 policy had stipulated that a licencee (telco) would be required to pay a one-time entry fee, and additionally, a licence fee on a percentage share of gross revenue

The Sneaky Move Uber and Lyft Are Using to Lower Their Tax Bill

slate.com

Gig corporations freeload off other employers that comply with laws and support safety nets.

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Final hours for Americans to get one-time payment from $5.1 million tax settlement – you must meet two criteria

www.the-sun.com

DRIVERS have until midnight to claim their part of a $5.1 million settlement regarding tax payments.

Khabib Nurmagomedov Leaves Russia After $3 Million Tax Woes as Ex-UFC Champ Gains UAE Citizenship As per Reports

Amid the ongoing legal troubles with the tax authorities in Russia, Khabib Nurmagomedov has reportedly changed his nationality. According to reports, the former UFC lightweight champion has given up his Russian citizenship and is now a…

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Death, Taxes, and Exploiting Tax Loopholes

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14

FG gets 52% in tax for every N1 we make as profit – Aliko Dangote

nairametrics.com

Africa’s richest man, Aliko Dangote, has said that the federal government takes 52% tax on every N1 his company earn in profit in the country, highlighting the challenges of entrepreneurship in Africa.

Check for £800 annual Council Tax discount before next instalment due to be paid

www.dailyrecord.co.uk

More than 461,500 people in Scotland are receiving a Council Tax Reduction off their annual bill.