News

Pa. House Democrats are trying to close the Delaware loophole by coupling the proposal with no tax on tips and overtime
Democrats in Harrisburg are coupling a proposal to close a corporate tax loophole with more popular tax policies in an effort to get bipartisan support during ongoing budget negotiations. A bill ...
Tammy Baldwin pushes carried interest tax change to align with Trump in ‘big, beautiful bill’
Democrat Tammy Baldwin is pushing a Senate vote to close the carried interest “loophole” in Trump's tax bill, a position that aligns with the president.
States to close tax loophole in bid to raise funds
The States has confirmed it will close a tax loophole as part of plans to help tackle the government's £44m deficit. Under ...
The Leasing Loophole Drove Huge EV Sales. The Senate May Have Killed It Already
The chamber’s Finance Committee released draft legislation that would end the commercial clean-vehicle tax credit, which ...
New law against "traveling housing agencies" using property tax loophole
A new state law may finally close a loophole that allowed developers to avoid paying millions in property taxes. The loophole ...
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Canada cancelled its digital services tax. What was it and why did the U.S. hate it?
OTTAWA — Tech giants such as Amazon and Google will not have to shell out close to $2 billion as expected today, as Canada moved to cancel the controversial digital services tax on Sunday, just one ...