In Illinois, they want to introduce a new tax on cars

An Illinois senator has proposed replacing fuel excise taxes with a new "mileage" tax. This proposal was introduced due to the widespread use of electric vehicles in the state. The fall in oil prices also played a role, which led to a decrease in the amount of funds collected. “If all cars were electric, then we wouldn't ...

The deadline for filing your tax return is extended by three days.

The IRS changed the filing deadline this year. The traditional date for the deadline - April 15, 2016 - this time falls on Friday, and on this day, Liberation Day will be celebrated in Washington, which is a weekend ...

Anatomy of the Panamanian Plum

The grandiose Panamanian drain, which has eclipsed all previous leaks of classified information in its volume, recalled one useful rule. “If you have a law firm with extremely confidential financial information about the most powerful people in the world,” wrote Fortune about the 11,5 leak…

Americans spend on taxes more than on food, clothing and housing combined

Americans will spend more money on taxes this year than on food, clothing, and housing combined. This conclusion can be made based on the data of the latest report of the Tax Fund. Such a dizzying revelation has once again renewed the debate between the candidates for the presidency. ...

You go slower, you will continue: social networks become a danger for the rich

The display of yachts, planes, cars and other assets of the rich on social media makes them an easy target for scammers and tax authorities. The heirs of super-rich people around the world, bragging about their parents' yachts, airplanes or expensive cars on social networks, not only cause ridicule on ...

What if there is no money to pay taxes

This year taxes must be paid by April 18th. If you already realize that you will not be able to do this on time, you should report this to the Internal Revenue Service (IRS). In order not to turn you into a debtor, you will be offered a scheme ...

Hackers stole data over 700 thousands of taxpayers

Hackers who hacked into the databases of the Federal Internal Revenue Service (IRS) last year gained illegal access to confidential information of over 700 American taxpayers. Last year, the IRS said that cyber attacks in May gave hackers access to 100 taxpayer data. Later,…

27 countries with the highest taxes

Each year, the World Economic Forum presents its Global Competitiveness Report of the World Economy. To compile the rating, a variety of indicators were taken: from the quality of teaching mathematics at school, to inflation in each country. The main types of taxes analyzed include income tax, social security contributions paid ...

Google has evaded taxes in $ 12 billion

In 2014 alone, Google withdrew € 10,7 billion ($ 11,9 billion) from taxation, using Dutch and Irish companies as layers, Reuters reports, citing the reporting of Google Netherlands Holdings BV. It follows from the documents that the revenue of Google Netherlands for 2014, formed mainly by royalties from the Irish division of Google, where ...

Should you file your tax return in 2016 year

The tax office has opened the season for receiving tax returns for 2015. The Internal Revenue Service (IRS) expects to process nearly 150 million individual tax returns in 2016. In the new tax season, you must report your 2015 income. It is worth noting that if you don’t ...

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