inclusion

How owning insurance in a corporation can address changes to the capital gains inclusion rate

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How owning insurance in a corporation can address changes to the capital gains inclusion rate

Open this photo in gallery:Advisors can clear up misconceptions about insurance by having strong product knowledge and a comprehensive grasp of the client’s personal situation, finances and goals.SB/iStockPhoto / Getty Images Sign up for the Globe Advisor weekly newsletter for professional financial advisors. For more from Globe Advisor, visit our homepage.The increase in the capital … Read more

Tax hike speeds ahead in late-night vote on record N.J. budget

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Tax hike speeds ahead in late-night vote on record N.J. budget

Facing a deadline just days away, New Jersey lawmakers Wednesday night introduced and quickly began approving a record new $56.6 billion state budget that’s backed by a new tax hike on large companies, adds some funding for property-tax relief, and includes big spending on public schools and pensions.But Democratic leaders once again faced objections from … Read more

2 ways for mutual funds to handle higher capital gains inclusion rate | Advisor.ca

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2 ways for mutual funds to handle higher capital gains inclusion rate | Advisor.ca

AdobeStock / NongAsimo The new capital gains inclusion rate requires mutual funds to make an important choice. Mutual fund trusts and corporations — including ETFs — can flow out their capital gains to fund holders, and this year they must decide how to do so. The fund industry “was largely expecting this type of election … Read more

Supreme Court Holds That 2017 Mandatory Repatriation Tax Does Not Violate The Sixteenth Amendment

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Supreme Court Holds That 2017 Mandatory Repatriation Tax Does Not Violate The Sixteenth Amendment

June 20, 2024 Click for PDF Moore v. United States, No. 22-800 – Decided June 20, 2024 Today, in a case widely seen as a test of Congress’s ability to enact wealth taxes, the Supreme Court held narrowly that Congress did not violate the Sixteenth Amendment by requiring U.S. shareholders to pay a one-time tax on … Read more

Cyprus partnership growing stronger, deeper, says Blinken

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Cyprus partnership growing stronger, deeper, says Blinken

Secretary of State Anthony Blinken said the U.S.-Cyprus partnership is growing stronger, deeper and broader, and that Cyprus is “an important player in the region and a partnership for the United States that we deeply value.” A bilateral agreement was also signed bringing Cyprus closer to being included in the visa waiver programme for entry … Read more

Budget to usher in minimum corporate tax rule under ‘Pillar-2’

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Budget to usher in minimum corporate tax rule under ‘Pillar-2’

The Central government is likely to announce India’s adoption of “Pillar-2” tax regime anchored by the Organisation for Economic Cooperation and Development (OECD) in the coming Budget, as part of the country’s efforts to support and benefit from the global system combating tax avoidance.The Finance Bill, 2024, passed after the interim Budget presentation, will be … Read more

South African parties hold crunch talks to decide who will govern

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South African parties hold crunch talks to decide who will govern

The African National Congress (ANC) was holding last-minute talks with other parties on Thursday to thrash out a deal to form South Africa’s next government, as its secretary-general said it aimed to work with as many parties as possible. The broad parameters of a deal need to be agreed in time for the first convening … Read more

MADSEN: Cut corporate income taxes massively to increase growth, prosperity

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MADSEN: Cut corporate income taxes massively to increase growth, prosperity

Breadcrumb Trail Links Opinion Columnists Published Jun 07, 2024  •  Last updated 8 hours ago  •  2 minute read Photo by file /Getty Images Article content The federal Liberal government’s current budget proposal budget proposal to increase the inclusion rate for capital gains tax was met with justifiable criticism and opposition — primarily from business groups. … Read more

These four key factors will determine the outcome of Sunday’s elections

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These four key factors will determine the outcome of Sunday’s elections

The political editor of Phileleftheros, Frixos Dalitis, offers insight into the pivotal factors that will shape the outcome of the upcoming Sunday’s European Parliament elections. Four unpredictable elements, each with its unique potential to influence the final election result, are at play in this Sunday’s dual electoral contest. Party Rallying: The ability of traditional parties … Read more

Rectors and presidents of NEOLAiA issue a joint statement urging for participation in the EU Elections

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Rectors and presidents of NEOLAiA issue a joint statement urging for participation in the EU Elections

The Rectors and Presidents of the NEOLAiA European University Alliance have issued a joint statement emphasizing the significance of the upcoming European elections and calling on all students, faculty, and staff to participate.