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Stories published on Nov 24
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  • Stories published on Nov 24

Monday, Nov 24

00

FG Halts Pioneer Status Incentive, Moves to New Economic Development Tax Scheme by 2026

www.tv360nigeria.com

NIPC ends PSI applications ahead of full rollout of the Economic Development Tax Incentive (EDTI) on January 1 The Federal Government has officially stopped accepting new applications for the Pioneer Status Incentive (PSI) effective…

Pasty tax 2.0: Are we set for yet another astoundingly complex budget?

news.sky.com

This is going to be a big budget - not to mention a complex budget.

Sources: Italian police raided two Amazon sites on Monday as part of a growing investigation into alleged customs and tax fraud involving Chinese imports (Emilio Parodi/Reuters)

www.techmeme.com

Sources: Italian police raided two Amazon sites on Monday as part of a growing investigation into alleged customs and tax fraud involving Chinese imports — - Italian police raid Amazon sites in probe of Chinese goods — Prosecutors see…

23

NNPCL declares N5.4 trillion Profit After Tax

theeagleonline.com.ng

The results of the national oil company, shared during its earnings call with analysts, underscored a year of strong operational delivery.

Reeves asks banks to praise her plans as they escape Budget tax raid

www.ft.com

Chancellor under pressure from some Labour MPs to raise levies on business this week

22

5 key tax changes coming in 2026 – and how your age can get you more cash

www.the-sun.com

THERE are several major changes coming to the 2026 tax season that Americans may want to be aware of. One of these changes can help people of certain ages score more money. Many of these changes stem from the passing of the Trump…

Palestinian minister calls on Israel to release $4 billion of tax revenues

www.euronews.com

Euronews spoke with Estephan Salameh, Palestinian Minister of Planning and International Cooperation, on the sidelines of the Palestine Donor Group conference in Brussels.

Revealed: The 600,000 London homes that could be revalued under Budget 'mansion tax'

www.standard.co.uk

Homes in Westminster, Kensington and Chelsea, Camden, Barnet, Richmond, Wandsworth and Hammersmith and Fulham are in the Chancellor’s firing line

21

Brexit costing UK up to £90bn in lost tax revenue a year, new analysis shows

www.independent.co.uk

Exclusive: Britons also up to £3,700 worse off, leading to calls for the Labour government to improve relations with the EU

Farmers vow to stand firm against Rachel Reeves's 'unfair' tax raid ahead of Budget

www.express.co.uk

Farmers will descend on London on Wednesday to protest against Rachel Reeves's inheritance tax changes.

20

Fawn nearing 3 decades with no tax increase

triblive.com

It’s been 27 years since Fawn property owners have seen a property tax increase, and that streak is likely to be extended.

Mansion tax will cause Reeves a ‘world of trouble’ in Budget – top economist

inews.co.uk

The Chancellor is expected to announce a council tax surcharge on properties valued at more than £2m

Ending tax breaks on private jets could raise £2.7bn, new analysis reveals

www.independent.co.uk

Charity calls to bring taxes in line with economy class flights, with many private jet passengers currently paying minimal air passenger duty, no VAT and no fuel duty on polluting aviation fuel

19

Tax Court Confirms Codified Economic Substance Doctrine Requires Threshold Relevancy Determination, Upholds 40% Strict-Liability Penalty

natlawreview.com

Section 7701(o) requires a relevancy determination that “is not coextensive with the two-part test set forth in section 7701(o)(1)(A) and (B).” Patel at *17.; Adequate disclosure to reduce the 40% economic substance penalty imposed by…

Will Rachel Reeves increase income tax at the Autumn Budget?

Rachel Reeves income tax plans for this year's Budget have caused much speculation

Budget may deliver result desired from racing’s ‘Axe the Tax’ campaign

uk.sports.yahoo.com

The sport may have jumped from the gaming-fuelled bandwagon just in the nick of time