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Stories published on Jun 3
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  • Stories published on Jun 3

Monday, Jun 3

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A tax break to encourage homeownership primarily helps the wealthy

www.marketplace.org

Economists argue the home mortgage interest deduction doesn't really work and costs the federal government tens of billions of dollars a year.

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Residents encouraged to prepare for hurricane season with tax-free supplies

www.news4jax.com

The 2024 Atlantic Hurricane Season began Saturday, and to help Floridians prepare, the first Florida Disaster Preparedness Sales Tax Holiday also kicked off.

22

Billionaire Bitcoin Advocate Michael Saylor Agrees to $40 Million Settlement in Tax Evasion Case

news.bitcoin.com

The billionaire Bitcoin advocate Michael Saylor has reportedly agreed to pay $40 million to settle an income tax evasion dispute with the District of Columbia Attorney General. The settlement ended the Attorney General’s lawsuit, in which…

21

California Awards Over $40 Million In Marijuana Tax-Funded Community Reinvestment Grants To Nonprofits And Health Agencies

California officials have awarded another round of community reinvestment grants to nonprofits and local health departments, funded by marijuana tax revenue. The Governor’s Office of Business and Economic Development (GO-Biz) announced the…

R.I. Supreme Court agrees to hear case involving Providence developer’s multimillion dollar tax breaks

www.bostonglobe.com

The high court will consider whether the City Council, which is trying to overturn the affordable-housing tax breaks given to Arnold “Buff” Chace’s 10 buildings, should have been allowed to intervene.

Presidential Tax Reforms Committee mulls Nigeria Revenue Service to replace FIRS

tribuneonlineng.com

Presidential Tax Reforms Committee mulls Nigeria Revenue Service to replace FIRS

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MicroStrategy And Michael Saylor Settle $40 Million Tax Fraud Lawsuit

www.benzinga.com

MicroStrategy Inc. (NASDAQ:MSTR) and its executive chairman Michael Saylor have agreed to a $40 million settlement to resolve a tax fraud lawsuit brought by the Washington D.C. attorney general.

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‘The only solution:’ Orange County State of the Schools address focuses on half-cent sales tax

Leaders with Orange County Public Schools push for a continuation of a half-cent sales tax to fund the district’s construction needs and renovations for the next 10 years.

Regulations for Clean Electricity and Energy Storage Tax Credits Proposed

smallbiztrends.com

Treasury and IRS issue proposed regulations under the Inflation Reduction Act for tax credits on clean electricity and energy storage tech.

Slow Home Sales Kept Tax Appraisals From Rising More

Slow Home Sales Kept Tax Appraisals From Rising More

Meet the man who hopes to help cut tax office call waiting times

www.dailymail.co.uk

We speak to Netcompany CEO Andre Rogaczewski about what he thinks HMRC's biggest issues are and what a fully digital tax office might look like.

Presidential committee proposes 95% tax break for Nigeria’s informal sector

Oyedele committee begins major exposure of work to public Onome Amuge The Presidential Fiscal Policy and Tax Reforms Committee, committed to boosting the Nigerian economy, said it is leaving no stone unturned in its efforts to provide tax…

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New car tax rules 'unhelpful' after more drivers slapped with VED fees

FleetPoint warned a shake-up to tax electric vehicles from next year could backfire and harm UK motorists and road users.

Keir Starmer plans ‘brutal’ 55% pensions tax - while making sure he never pays it himself

www.express.co.uk

The Labour Party is pressing ahead with a brutal 55 percent tax charge on savers with larger pension pots. One man has arranged his own personal opt-out. His name? Sir Keir Starmer.

Crypto billionaire Michael Saylor pays $40M to settle DC tax fraud case

nypost.com

The tech executive allegedly claimed to live in Florida or Virginia despite residing in a luxury waterfront penthouse in the capital’s tony Georgetown neighborhood.

Russian Finance Ministry suggests higher mineral extraction tax rate

tass.com

The ministry also suggests introducing the excise on natural tax purchased for ammonia production in the amount of $26.62 per 1,000 cubic meters