ALLEN COUNTY — Voters in Elida and Bluffton will determine the fate of ballot measures to increase village income tax rates during this year’s general election balloting, while decisions on the renewal of an existing levy to fund mental health services and three liquor sales initiatives also await Allen County voters at the polls. The village of Elida is seeking voter approval of an income tax hike which on paper appears to be a 1.1% increase, but actually is a much smaller measure. While of...
A leading tax and immigration advisor to the ultra-wealthy has... Labour tax hikes. David Lesperance told MailOnline that feared rises to capital gains tax, inheritance tax and the possible...
East and South Bay proposals would stack on top of the base sales taxes levied by the state and county taxes
Key Findings ; Forty-four states levy a corporate income tax. Top rates range from a 2.5 percent flat rate in North Carolina to a 9.8 percent top marginal rate in Minnesota. ; Four states—Alaska, Illinois, Minnesota, and New Jersey—levy top marginal corporate income tax rates of 9 percent or higher. ; Twelve states—Arizona, Arkansas, Colorado, Indiana, Kentucky, Mississippi, Missouri, North Carolina, North Dakota, Oklahoma, South Carolina, and Utah—have top rates at or below 5 percent.
In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Today’s map focuses on how capital gains are taxed, showing how capital gains tax rates differ across European OECD countries. When a person realizes a capital gain—that is, sells an asset for a profit—they face a tax on that gain. For example, if you buy a share for $100 and sell it for $120, you pay capital gains tax on your $20 gain. The capital gains tax rates shown in the map are the top marginal capital gains tax ...
The Italian government’s original announcement of a windfall tax on the profits lenders... Oliver Collin, co-head of European equities at Invesco, a top-20 shareholder in UniCredit, the...
The federal government tabled its first budget document in two years on Monday, a 739-page behemoth that outlines Ottawa's plan to spend $354 billion beyond its means while Canada's economy struggles to recover from COVID-19. With its vows to spend $30 billion on a subsidized national child care program and $18 billion on a "green recovery" to help create 1 million new jobs, and to set the federal minimum wage at $15, this budget is an ambitious plan that signals the government's willingness to ...
A surtax is an additional tax levied on top of an already existing business or individual tax and can have various rate structures.
A surtax is a tax levied on top of another tax. The tax can be calculated as a percentage of a certain given amount or it can be a flat dollar charge.
The top 1% of Americans may be avoiding as much as $163 billion in annual taxes, according to a report from the U.S. Department of the Treasury.