federal taxes Archive

UN resolution for an intergovernmental tax framework: What does it mean, and what’s next?

TweetShareSharePin0 Shares Following the momentous passing of the resolution to begin intergovernmental discussions on a globally inclusive UN tax framework, our chief executive Alex Cobham spoke to the German Tax Justice Network, Netzwerk Steuergerechtigkeit, about why the resolution passed, what it means and what happens next. (The original German post is here). 1. Last Wednesday,

Limits, Increases, and Options | Tax Policy Center

TweetShareSharePin0 Shares Tune in at Noon today: What happens if Congress doesn’t raise the debt limit? Join TPC co-founder Len Burman on the next episode of The Prescription. He’ll talk with TPC’s Howard Gleckman at 12:00 today about the potentially devastating impact of Congressional inaction. There’s got to be a better way to run the

Beneficial ownership registration in 2022: developing countries lead the way

TweetShareSharePin0 Shares The Tax Justice Network published today the 2022 update of its beneficial ownership registration report (previous editions are from 2020 and 2018). Based on the findings of the Financial Secrecy Index assessments of 2022 that covered 141 jurisdictions, the report shows that the world is galloping towards beneficial ownership transparency. Information on the

Federal Taxes & Spending: Federal Benefits

TweetShareSharePin0 Shares Underlying every fiscal policy discussion in Washington is the question of progressivity: how much should tax and spending policy redistribute from high-income households to low-income households? This debate is often more rhetorical than substantive, but a recent study by the Congressional Budget Office (CBO) fills this void by presenting data showing that the

Missouri Approves Over $40 Million In Low-Income Housing Tax Credits

TweetShareSharePin0 Shares The state of Missouri has approved the disbursement of over $40 million in low-income housing credits to help developers construct residences for underprivileged families. Credit: Steve Geer/Getty Images The funds are expected to be used to build 1,791 houses throughout the state.  Last week, the Missouri Housing Development Commission agreed to issue half the credits

Business R&D Investment Trends: Details & Analysis

TweetShareSharePin0 Shares Research and development (R&D) is a crucial part of technological change, as R&D takes initial scientific discoveries and translates them into useful products that improve lives. Both the public and private sectors play important roles in R&D, but in recent years, private sector investment has become increasingly important. In 2019, businesses performed 75

Jingle Bells, Leader Tells: A Deal Is On The Way

TweetShareSharePin0 Shares Schumer: A spending deal under the tree. Congressional negotiators reached a bipartisan deal on the framework of a year-end omnibus spending deal. They agreed on top-line defense and domestic spending numbers and agency budgets could soon follow. The agreement may also include the Electoral Count Act and more funding for Ukraine. But the fate of

‘No, the proposals are not enough’: our response to FATF consultation on Recommendation 25

TweetShareSharePin0 Shares The Tax Justice Network’s proposed amendments to the open consultation on FATF Recommendations 25 on beneficial ownership for legal arrangements published in full below. The Financial Action Task Force (FATF) in charge of the Recommendations on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) has opened a consultation on the reform of

You cannot copy content of this page

Social Media Auto Publish Powered By :