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Monday, October 26, 2020
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Tag: Government taxation and revenue

Jacob Lawrence painting missing for 60 years rediscovered

A painting by American artist Jacob Lawrence that has not been seen in public for 60 years has been found and will soon take...

German arrest order for Panama Papers lawyers faces hurdle

PANAMA CITY (AP) — A German arrest order for two Panamanian lawyers whose firm was at the center of an international tax evasion scandal...

UK government borrowing hits record due to pandemic

LONDON (AP) — The COVID-19 pandemic is battering Britain’s public finances, pushing government borrowing to a record last month as tax revenue fell and...

Report: Tax records show Trump tried to land China projects

WASHINGTON (AP) — President Donald Trump spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president...

The Latest: Trump raises $247.8M in Sept., far behind Biden

WASHINGTON (AP) — The latest on the presidential campaign (all times local): ...

DOJ charges Texas billionaire in $2 billion tax fraud scheme

SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say...

Trump lawyers ask Supreme Court to halt tax record turnover

WASHINGTON (AP) — President Donald Trump on Tuesday asked the Supreme Court to put on hold an appeals court ruling that Trump's accountant must...

WTO says EU can put tariffs on $4 billion of US goods

GENEVA (AP) — International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of...

Trump vs. Biden: Where they stand on health, economy, more

WASHINGTON (AP) — Amid the tumult of the 2020 presidential campaign, one dynamic has remained constant: The Nov. 3 election offers voters a choice...

Wisconsin tells Foxconn no tax credits without new deal

MADISON, Wis. (AP) — Wisconsin told Foxconn Technology Group on Monday that it won't qualify for billions of dollars in state tax credits unless...

Global watchdog proposes tax overhaul for Big Tech

LONDON (AP) — A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their...

IRS chief: agency reaching out on pandemic relief payments

WASHINGTON (AP) — The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, said Wednesday...

US judge: IRS can’t keep coronavirus money from inmates

BOISE, Idaho (AP) — A U.S. judge says the IRS can't keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for...

Toomey says he won’t run for another Senate term or governor

BETHLEHEM, Pa. (AP) — Republican U.S. Sen. Pat Toomey of Pennsylvania will not seek reelection in 2022 and plans to leave public service, he...

California voters to consider property tax overhaul

SAN DIEGO (AP) — For decades, California's system of limiting property tax increases has been deemed sacrosanct, a third rail for any politician. The...

Boeing picks South Carolina over Seattle for 787 production

SEATTLE (AP) — Boeing said Thursday it will shut down the original assembly line for its two-aisle 787 jetliner near Seattle and consolidate the...

Check’s in the mail? Trump doling out aid before election

CHICAGO (AP) — It's almost as if he's writing a personal check. ...

Subway bread isn’t bread, Irish court says

LONDON (AP) — Ireland’s Supreme Court has ruled that bread sold by the fast food chain Subway contains so much sugar that it cannot...

Trump business deductions: sketchy, normal or in-between?

NEW YORK (AP) — The massive losses Donald Trump has claimed on his tax returns were reportedly due at least in part to the...

Chaotic first debate: Taunts overpower Trump, Biden visions

CLEVELAND (AP) — The first debate between President Donald Trump and Democratic challenger Joe Biden deteriorated into bitter taunts and near chaos Tuesday night...

Chaotic first debate: Taunts overpower Trump, Biden visions

CLEVELAND (AP) — The first debate between President Donald Trump and Democratic challenger Joe Biden deteriorated into bitter taunts and near chaos Tuesday night...

The Latest: Trump casts election doubts, Biden urges voting

WASHINGTON (AP) — The Latest on the 2020 presidential election (all times local): ...

Biden releases 2019 taxes as pre-debate contrast with Trump

WASHINGTON (AP) — Democratic presidential nominee Joe Biden paid nearly $288,000 in federal income taxes last year, according to returns he released just hours...

Ethics experts see national security concern in Trump’s debt

WASHINGTON (AP) — Revelations that President Donald Trump is personally liable for more than $400 million in debt are casting a shadow that ethics...

Ethics experts see national security concern in Trump’s debt

WASHINGTON (AP) — Revelations that President Donald Trump is personally liable for more than $400 million in debt are casting a shadow over his...

Times’ tax story is talker, but perceptions mostly hold

NEW YORK (AP) — Orlando Sentinel Editor-in-Chief Julie Anderson was curious how readers in polarized central Florida would react to her newspaper leading Monday's...

NY Times: Trump paid $750 in US income taxes in 2016, 2017

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White...

Trump’s tax revelation could tarnish image that fueled rise

WASHINGTON (AP) — The bombshell revelations that President Donald Trump paid just $750 in federal income taxes the year he ran for office and...

Trump’s tax revelation could tarnish image that fueled rise

WASHINGTON (AP) — The bombshell revelations that President Donald Trump paid just $750 in federal income taxes the year he ran for office and...

NY Times: Trump paid $750 in US income taxes in 2016, 2017

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White...

Joe Biden: Vacancy about health law, not court expansion

WILMINGTON, Del. (AP) — Democratic presidential candidate Joe Biden wants voters to see Republicans’ push for a speedy Supreme Court confirmation as an end-run...

Appeals court hears fight over Trump tax returns — again

NEW YORK (AP) — A federal appeals court tested the waters on a potential compromise, but didn't immediately rule Friday after arguments in President...

EU Commission appeals after losing Apple $15B tax case

LONDON (AP) — The European Commission said Friday it is appealing a court decision that Apple doesn't have to repay 13 billion euros ($15...

The Latest: UN panel says corruption hits the poor hardest

UNITED NATIONS (AP) — The Latest from the U.N. General Assembly (all times EDT): ...

Trump lawyers: DA’s fight for tax returns built on innuendo

NEW YORK (AP) — A New York prosecutor engaged in a long-running battle to obtain Donald Trump’s tax returns is resorting to “speculation and...

Germany: 8 more charged in Volkswagen diesel scandal

BERLIN (AP) — German prosecutors said Wednesday they have filed charges against eight more Volkswagen employees accused of involvement in the company's diesel scandal,...

Ginsburg’s death exposes fragility of health law protection

WASHINGTON (AP) — With COVID-19 the newest preexisting condition, the Obama-era health law that protects Americans from insurance discrimination is more fragile following the...

Watchdog: Millions in danger of missing virus relief payouts

WASHINGTON (AP) — Millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government...

New California law expands tax credit for immigrants

SACRAMENTO, Calif. (AP) — California will give tax breaks to more immigrants — including those living in the country illegally — under a new...

Google receives $25M tax break from Nevada to build facility

RENO, Nev. (AP) — Google will receive more than $25 million in tax breaks after pledging an additional $600 million for a new data...

US companies seeking tariff relief faced red tape, delays

WASHINGTON (AP) — Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a...

US drops tax on Canada aluminum, heading off retaliation

WASHINGTON (AP) — The Trump administration said Tuesday that it is dropping taxes on Canadian aluminum, easing tensions with a close ally just hours...

The Latest: Biden vows to ‘restore dignity for everyone’

WASHINGTON (AP) — The Latest on the U.S. presidential campaign (all times local): ...

AP EXPLAINS: Biden’s sizable but not radical tax plans

ATLANTA (AP) — President Donald Trump describes Democratic challenger Joe Biden as a “tool” of “radical socialists” who are bent on taxing every American...

Now hiring: California offers credits to small businesses

SACRAMENTO, Calif. (AP) — With millions of people out of work in California, Gov. Gavin Newsom on Wednesday signed a law giving tax breaks...

States plan for cuts as Congress deadlocks on more virus aid

Spending cuts to schools, childhood vaccinations and job-training programs. New taxes on millionaires, cigarettes and legalized marijuana. Borrowing, drawing from rainy day funds and...

Amazon expanding to 25,000 workers in Seattle suburb

BELLEVUE, Wash. (AP) — The Seattle suburb of Bellevue may soon be Amazon’s unofficial “HQ3.” ...

LA to furlough 15,000 workers because of virus losses

LOS ANGELES (AP) —...

Trump administration allows deferral of Social Security tax

WASHINGTON (AP) — The...

Facebook to pay $125 million in back taxes to France

PARIS (AP) — Facebook’s...

California wildfires some of largest in state history

SAN FRANCISCO (AP) —...

EU agrees to cut taxes on US lobsters in modest trade pact

WASHINGTON (AP) — Maine...

US suspends extradition and tax agreements with Hong Kong

WASHINGTON (AP) — The...

Appeals court: On 2nd thought, tax bikini latex clubs

AUSTIN, Texas (AP) —...

AP FACT CHECK: Trump muddies facts on mail ballots, Harris

WASHINGTON (AP) — President...

After brief trade truce, US slaps levy on Canadian aluminum

WASHINGTON (AP) — After...

Trump’s suggestion to eliminate payroll tax doesn’t add up

WASHINGTON (AP) — President...

Prince Harry, Meghan Markle move into new California home

LOS ANGELES (AP) —...

Business lobby raises concerns over Trump payroll tax break

WASHINGTON (AP) — The...

Dems say Trump’s payroll tax break weakens Social Security

WASHINGTON (AP) — President...

Dems say Trump’s payroll tax break weakens Social Security

WASHINGTON (AP) — President...

No federal relief leaves states, cities facing big deficits

State and local government...

Trump end run around Congress raises questions on his claims

BRIDGEWATER, N.J. (AP) —...

Trump end run around Congress raises questions on his claims

BRIDGEWATER, N.J. (AP) —...

Trump allows some unemployment pay, defers payroll tax

BEDMINSTER, N.J. (AP) —...

Virus talks on brink of collapse, sides still ‘far apart’

WASHINGTON (AP) — Washington...

Trump targets Canada, reimposing tariffs on aluminum

WASHINGTON (AP) — President...

Judge orders changes to voter guide for property tax measure

SACRAMENTO, Calif. (AP) —...

RI issues tax refunds signed by Walt Disney, Mickey Mouse

PROVIDENCE, R.I. (AP) —...

Biden vows to fight racial inequality with economic agenda

WILMINGTON, Del. (AP) —...

California lawmakers propose $100 billion stimulus plan

SACRAMENTO, Calif. (AP) —...

No virus bill yet: White House, GOP at odds over jobless aid

WASHINGTON (AP) — Negotiations...

Joe Biden has a long to-do list if he wins the White House

WASHINGTON (AP) — Joe...

White House drops payroll tax cut after GOP allies object

WASHINGTON (AP) — President...

Ex-utility exec pleads guilty to $1B fraud in South Carolina

COLUMBIA, S.C. (AP) —...

Flashpoints emerge as lawmakers negotiate new virus aid

WASHINGTON (AP) — Bipartisan...

Flashpoints emerge as lawmakers negotiate new virus aid

WASHINGTON (AP) — Bipartisan...

Tesla picks Texas site for second US vehicle assembly plant

Electric car maker Tesla...

Biden outlines priorities for next pandemic relief package

WASHINGTON (AP) — Joe...

Cost, hassle of stamps questioned as mail-in voting surges

COLUMBUS, Ohio (AP) —...

Ax-wielding man attacks Greek tax office staff, 3 badly hurt

THESSALONIKI, Greece (AP) —...

Apple wins big EU court case over $15 billion in taxes

BRUSSELS (AP) — A...

US budget deficit hits all-time high of $864 billion in June

WASHINGTON (AP) — The...

US targets $1.3 billion in French imports in tech tax clash

WASHINGTON (AP) — The...

Court rejects Trump’s broad claims, but records stay private

WASHINGTON (AP) — Rejecting...

Seattle City Council approves new tax on big business

SEATTLE (AP) — The...

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