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Thursday, Oct 16

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Tax Bytes: Week of October 13, 2025

www.jdsupra.com

Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. Each week we pull together the items we deem most important to provide updates…

NYC public school staffer skimmed $415K in tax dollars for her private cheerleading team: DA

nypost.com

The principal of a Queens school knew something was off when she got boxes of cheerleading supplies delivered -- because the school doesn't have a cheerleading team.

More 'punitive' tax hikes would wreck economy: BT and Whitbread in stark warning ahead of Budget

www.dailymail.co.uk

Telecoms giant BT and Premier Inn owner Whitbread warned rising costs are taking their toll on business and the wider economy.

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Oyedele Unveils Nigeria’s Tax Reforms At IMF/World Bank Meetings In US

leadership.ng

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured global investors that Nigeria’s ongoing tax reforms were designed to reduce business risks, simplify compliance, and create a fairer…

Mayor Johnson proposes social media tax to fund mental health clinics in 2026 budget

abc7chicago.com

Mayor Brandon Johnson rolled out his budget for 2026 on Thursday as the city faces more than a billion-dollar deficit.

21

Illinois governor JB Pritzker won $1.4m gambling last year, tax filings reveal

www.theguardian.com

Pritzker, a billionaire, says he plans to donate winnings from playing blackjack on Las Vegas trip

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'Those with broadest shoulders should pay fair share of tax', says Rachel Reeves

www.scotsman.com

The Chancellor said she wants to “get the balance right” and not people wealthy people off coming to the UK ahead of the Budget next month.

More Veterans Could Avoid Property Tax Under New Plan

www.newsweek.com

All Purple Heart recipients would be granted a property tax exemption in Texas, regardless of their VA disability rating.

Scam Alert: New Mexicans getting fake tax refund texts

kvia.com

EL PASO, Texas (KVIA) -- The New Mexico Taxation and Revenue Department has issued a new scam warning. Department officials say scammers are sending taxpayers text messages about tax or motor vehicle issues demanding payment or soliciting…

Illinois Gov. JB Pritzker won $1.4 million gambling last year, tax filings show

www.cnbc.com

Pritzker has become a leading antagonist of President Donald Trump over federal immigration operations in Chicago and elsewhere.

Pritzker, wife made $1.4M on gambling last year, tax records show

thehill.com

Illinois Gov. JB Pritzker (D) and his wife, MK, reported $1.4 million in income from gambling according to a Thursday release from his campaign. The two made more than $10.3 million in taxable income and paid $30.2 million in federal taxes…

Performance car towed from Bridgnorth street for no tax and incorrect number plates

www.expressandstar.com

Bridgnorth police have towed away a high-performance SUV from the town's streets for having no road tax and for the incorrect use of number plates.

Performance car towed from Bridgnorth street for no tax and incorrect number plates

www.shropshirestar.com

Bridgnorth police have towed away a high-performance SUV from the town's streets for having no road tax and for the incorrect use of number plates.

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Is Reeves mounting a pension tax raid at the Budget?

www.independent.co.uk

As the chancellor looks to bolster government funds, few options remain off the table

Poland's president signs off on new zero income tax law for parents with two children

www.euronews.com

The bill, presented by Karol Nawrocki in August, removes the income tax obligation on families earning up to 140,000 zloty (€32,973) a year.

Mayor Johnson’s $16.6B budget would revive corporate head tax, tax social media companies

chicago.suntimes.com

Mayor Brandon Johnson Thursday delivered on his promise to “challenge the ultra-rich” and make corporations pay their fair share, proposing a $16.6 billion budget for 2026 that includes $586.6 million in progressive tax and fee revenues…

Family businesses will be shaped by tax reforms, succession planning, sustainability – PwC

businessday.ng

The Africa Family Business Survey by PwC has identified tax reform, succession planning, governance, and sustainability as the principal forces

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Fiscal Policy: Oyedele Clarifies Inclusion Of Nigerian Diaspora Community In New Tax Law

www.naijanews.com

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has urged Nigerians in the Diaspora to allay their fears about the Federal Government’s Fiscal Policy and Tax Reforms. Naija News reports that Oyedele…