MILAN, Italy -Italian Prime Minister Giorgia Meloni’s government watered down its surprise windfall tax on banks this week after a brutal market reaction, but the damage to investor confidence was done. “The most damaging impact… will not be the hit to the earnings of Italian banks but the higher risk premium that investors will demand to compensate them for the risk of future government intervention,” noted Johann Scholtz, analyst at Morningstar. Meloni’s hard-right government announced out of the blue on Monday night that it would l ...
See also: Capital Gains Tax In the United Kingdom, entrepreneurs selling their business (technically "qualifying assets") can claim Business Asset Disposal Relief. [1] This is a lifetime...
Claiming tax relief on expenses you have to pay for your work, like uniforms, tools, travel and working from home costs.
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Imported personal protective equipment (PPE) and other medical supplies to be used in the fight against the new coronavirus disease (COVID-19) will not only enjoy tax- and duty-free entry but also exemption from donor’s tax, the Bureau of Internal Revenue (BIR) said. Revenue Regulations No. 6-2020 issued by Finance Secretary Carlos Dominguez III and Internal Revenue Commissioner Caesar Dulay implemented the tax exemptions extended under Republic Act No. 11469 or the Bayanihan to Heal as One Ac...
Businesses often shy away from R&D tax relief because they think it only covers certain types of expenses. In reality, it’s much broader—covering everything…
The term tax relief refers to various programs that help individuals and businesses lower their tax bills and settle their tax-related debts.
How to get Inheritance Tax relief on business assets in an estate, what qualifies, giving away business property or assets
On Friday afternoon, the House passed an updated economic relief plan (CARES Act) for individuals and businesses. Explore the Congress coronavirus bill.
If you have started a business in the Netherlands and you are liable for income tax in the Netherlands, you may be eligible for the tax relief for new companies (startersaftrek).