Where do Canada’s soaring corporate profits go? Not ‘back into the country’ ⋆ The Breach

Where do Canada’s soaring corporate profits go? Not ‘back into the country’ ⋆ The Breach

Loblaw chairman Galen Weston Jr, the creaseless face of inherited Canadian wealth, smiled serenely at parliamentarians as he explained why, when it came to rising food prices, his company was blameless. Speaking to an agri-food committee in the spring of 2023, he told them that Loblaw’s profit “goes back into the country.” “The profit we … Read more

Why Small Businesses Need This 2017 Tax Cut to Continue

Why Small Businesses Need This 2017 Tax Cut to Continue

By Nathan Garden, The Charlotte Observer (TNS) It says a lot about our politics that very few of our leaders are talking about one of the most important issues. The small businesses that anchor our economy are about to face a devastating tax hike that will hurt workers and weaken communities. As the owner of … Read more

Union Budget 2024: Tax parity, rationalisation of custom duty rates, US-India forum shares wishlist

Union Budget 2024: Tax parity, rationalisation of custom duty rates, US-India forum shares wishlist

Budget 2024 expectations: The Tax Policy Forum of the US-India Strategic Partnership Forum (USISPF) has submitted its wishlist ahead of the Union Budget for 2024-25, which will be tabled in the third week of July. The US-India Tax Forum has recommended that the government should establish equality in the tax obligations of domestic and foreign … Read more

Trump’s Tax and Tariff Ideas: Details & Analysis

Trump’s Tax and Tariff Ideas: Details & Analysis

Trump Tax Plan 2024: Details & Analysis Skip to content Home • Blog • Trump’s Tax and Tariff Ideas: Details & Analysis Trump has not released a fully detailed taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government … Read more

Vietnam’s Draft CIT Law: Changes to Incentives and Tax Liability

Vietnam’s Draft CIT Law: Changes to Incentives and Tax Liability

Vietnam’s draft Corporate Income Tax (CIT) Law proposes changes to incentive eligibility, taxation on capital transfers by foreign investors, and aims to address limitations hindering integration with international best tax practices. Investors and businesses planning market entry or expansion should closely monitor the draft CIT law’s development and prepare for potential impacts on their strategies … Read more

US-India Tax Forum proposes key tax reforms for Union Budget 2024-2025 – CNBC TV18

US-India Tax Forum proposes key tax reforms for Union Budget 2024-2025 - CNBC TV18

The US-India Tax Forum, a dedicated policy group within the US-India Strategic Partnership Forum (USISPF), submitted a set of tax amendment recommendations for India’s Union Budget 2024-25.Union Finance Minister Nirmala Sitharaman will present the Budget on July 23. The proposals aim to foster a stable and predictable tax environment to boost investment sentiment across various … Read more

France must keep bond markets on side or face Truss-style meltdown

France must keep bond markets on side or face Truss-style meltdown

French politicians need to listen to bond markets – and keep them on side – or face a potentially catastrophic ‘Liz Truss scenario’, the CEO of a leading independent financial advisory and fintech has warned. The stark warning from Nigel Green of deVere Group comes as the political chaos in France is driving the gap between French … Read more

WTI sticks to modest intraday gains, just below $82

WTI sticks to modest intraday gains, just below $82

West Texas Intermediate (WTI) crude oil prices are building on the overnight recovery from the $80.00 level, or a two-week low and gaining follow-through positive traction during Asian trading on Thursday. The uptick is supported by a combination of factors and lifts the commodity to a multi-day peak, around $82.00 in the last hour. The … Read more

Montana’s housing crisis is a warning for older homeowners across the country

Montana's housing crisis is a warning for older homeowners across the country

Economy Montana’s housing crisis is a warning for older homeowners across the country Eliza Relman 2024-07-10T09:56:03Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn … Read more

Tennessee’s largest companies secure sales tax exemptions for everything from jet fuel to water • Tennessee Lookout

Tennessee's largest companies secure sales tax exemptions for everything from jet fuel to water • Tennessee Lookout

Tyson chicken barns in West Tennessee on April 21, 2021. (Photo: John Partipilo) They’re scattered across the rural Tennessee landscape: blue-sided barns stretching the length of five U.S. football fields, clustered together in groups numbering as few as three to as many as 20. Each of Tennessee’s nearly 2,200 industrial chicken barns produce about 200,000 … Read more