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New Directive Aims to Strengthen Revenue Collection, Exempts OMO Bills and Federal Government Bonds… The Federal Inland Revenue Service (FIRS) has directed financial institutions to start deducting withholding tax (WHT) from interest…

SPRINGFIELD — Gov. JB Pritzker threw Illinois House Democrats’ latest transit funding proposal under the bus Wednesday as the legislative clock winds down for state lawmakers to agree on new taxes to help the CTA, Metra and Pace avert a…

The outgoing pharma chief exec (pictured) said it was 'absolutely critical' that the government 'incentivise' investment in the sector.

Sir Keir Starmer declined to rule out tax rises when questioned about the subject at Prime Minister’s Questions.

Sir Keir Starmer declined to rule out tax rises when questioned about the subject at Prime Minister’s Questions.

Sir Keir Starmer declined to rule out tax rises when questioned about the subject at Prime Minister’s Questions.

Sir Keir Starmer declined to rule out tax rises when questioned about the subject at Prime Minister’s Questions.

A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on AI in the coming year.

Mayor Brandon Johnson’s job approval rating has inched up to 31%, but Chicagoans are less enthusiastic about his $600 million tax plan to “challenge the ultra-rich and corporations to pay their fair share,” a new poll shows.

John Swinney has been forced into ruling out income tax rises in the upcoming Budget after a damning poll found that Scots think rates are already too high.

Meta reported third-quarter earnings on Wednesday and saw shares drop 9% after it said it would take a one-time tax charge.

The company posted a one-time $15.93 billion tax charge that cratered its bottom-line EPS numbers.

Meta recorded a one-time income tax charge of $15.93B related to Trump's Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast — Meta (META.O) recorded a nearly $16 billion one-time charge in the third…

Meta saw profits sink for the three months ended in September on a massive and unexpected one-time tax charge of $15.9 billion, despite reporting solid underlying numbers. Shares fell 8% after-market on the earnings hit and higher that…

Meta, the parent of Facebook, Instagram and more, saw its top-line revenue jump 26% to a whopping $51.2 billion in the third quarter — a new quarterly record. But a provision of President Trump’s One Big Beautiful Bill Act led to a huge…