Strike action at state hospitals in Cyprus looms as doctors’ unions prepare to announce their next steps on Monday, raising concerns about potential disruptions to healthcare services. The Pancyprian Association of Government Doctors (PASYKI) and the Union of Cyprus Public Employees (PASYDY) are set to meet on Monday to finalise joint measures, including the timing … Read more
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
The chairman of the National Board of Revenue has questioned tax exemptions for publicly traded companies, asking if the facilities really helped the capital market grow. Abu Hena Md Rahmatul Muneem answered questions on cutting the spread between corporate taxes of publicly traded and non-listed companies from 7.5 percentage points to 5 points in the … Read more
Gov. Kathy Hochul is pushing a New York City tax hike to replace the $15 congestion pricing tolls she indefinitely postponed — a last-minute funding Hail Mary that drew fierce opposition Thursday. Lawmakers and business groups slammed the prospect of a tax increase, especially after Hochul scuttled congestion pricing Wednesday because it would “break the … Read more
Finance Minister Abul Hasan Mahmood Ali proposed income tax exemption for freelancers in the proposed 2024-25 financial year budget. “As a supporter of building Smart Bangladesh, I propose to exempt from tax the income arising from any of the following business activities of a resident individual or a non-resident Bangladeshi natural person, for three years, on … Read more
Tax Policy The differences in proposed tax policy between the presumptive presidential candidates, at this point, in the two main parties — President Joe Biden and former President Donald Trump — are vast, according to Garrett Watson, senior policy analyst with Tax Foundation, a nonpartisan tax policy think tank. “The differences between what (the candidates) … Read more
Massachusetts collected $260 million less in tax revenue in May. But the state is still ahead of projections for the year as lawmakers head into the final furlong of budget season.The state collected nearly $2.5 billion last month, according to new state Revenue Department data. That’s 9.6% less than actual collections in May 2023, and … Read more
Strong tax revenues, including another spike in corporate tax receipts, have boosted the Government’s financial position ahead of the budget.Exchequer returns published on Thursday by the Department of Finance show the Government collected €35.2 billion in taxes during the first five months of the year, 6 per cent or €2 billion more than the same … Read more
But spending is more than keeping pace, up €5bn on the same period last year, according to new Exchequer figures published by the Department of Finance.Most reassuring to the Government will be the bounce-back in corporation tax, an increasingly important source of revenue for the Exchequer. Some €3.6bn was collected in May, up €0.8bn or … Read more
State economists Mark McMullen, left, and Josh Lehner answer questions from Oregon lawmakers in 2015. McMullen gave his final economic and revenue forecast to a legislative committee on Wednesday.Jonathan J. Cooper / AP Oregon economists offered caution Wednesday that a financial rough patch could be on the horizon — but that might not be enough … Read more