federal taxes Archive

47 People Charged In $250 Million COVID-19 Child Meal Program Scam

TweetShareSharePin0 Shares Throughout the COVID-19 pandemic, many government agencies provided assistance to struggling families. The pandemic era changed life for everyone, with some families going from double incomes to single incomes due to company closures, and others facing personal crises like divorce.  One government department that offered aid to families in need was the U.S. Department

DeSantis Officially Pitches $1.1 Billion Tax Break Package

TweetShareSharePin0 Shares Divisive Florida Governor Ron DeSantis has officially pitched his $1.1 billion tax break proposal, which he previously called the “largest” the state has ever seen. DeSantis — who has close ties to Donald Trump’s newly-hired attorney Chris Kimes — faces opponent Charlie Crist, a former Republic now running on the Democratic ticket, in the Florida Gubernatorial

The Weekly (Tax)Buzz – September 21st, 2022

TweetShareSharePin0 Shares The Weekly (Tax)Buzz – September 21st, 2022 If you feel like the news is tough to keep up with these days, you aren’t alone. Every week, we publish a curated list of some of the top articles in tax and finance. Tune in every Wednesday to read the latest thought leadership pieces from

Glencore and Sinosteel cases in Cameroon: Practical cases of the need for more transparency on extractive contracts in Africa

TweetShareSharePin0 Shares A mining contract signed by the Government of Cameroon with Sinosteel, a Chinese multinational, for an iron ore project was the centre of controversy in May 2022. Parliamentarians and some activists denounced the contract and demanded its cancellation because the agreement was disadvantageous for Cameroon. In an interview with BBC Africa, the Cameroonian

Affaires Glencore et Sinosteel au Cameroun: Cas pratiques du besoin de plus de transparence sur les contrats extractifs en Afrique

TweetShareSharePin0 Shares Durant le mois de mai 2022, le Cameroun a connu une polémique à propos d’une convention d’exploitation de fer signée entre son gouvernement et Sinosteel, une multinationale chinoise. Des députés rejoints par une partie de la société civile ont dénoncé ce contrat et exigé son annulation, expliquant que cet accord était désavantageux pour

After the UK Super Deduction

TweetShareSharePin0 Shares Note: This report was published in partnership with the Centre for Policy Studies, one of the oldest and most influential think tanks in Westminster. With a focus on taxation, economic growth, business, welfare, housing and green growth, its goal is to develop policies that widen enterprise, ownership and opportunity. Key Findings For many years, the UK has

Section 232 Tariffs on Steel & Aluminum: Economic Impact

TweetShareSharePin0 Shares Key Findings The Section 232 tariffs on imports of steel and aluminum raised the cost of production for manufacturers, reducing employment in those industries, raising prices for consumers, and hurting exports. The jobs “saved” in the steel-producing industries from the tariffs came at a high cost to consumers, at roughly $650,000 per job

NY Tax Collections Fall, Colombian Tax Hikes Loom

TweetShareSharePin0 Shares New York City faces a nearly $10 billion deficit, and a fiscal crisis is on its horizon. Tourism and job losses have not yet recovered from the pandemic. City officials expect business tax revenue to decline for the first time in six years and personal income and related tax revenue will fall by

Net Operating Loss Tax Provisions (Deductions) in Europe, 2022

TweetShareSharePin0 Shares Loss carryover tax provisions allow businesses to either deduct current year losses against future profits (carryforwards) or current year losses against past profits (carrybacks). Many companies have investment projects with different risk profiles and operate in industries that fluctuate greatly with the business cycle. Carryover tax provisions help businesses “smooth” their risk and

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