Asset managers quietly purging portfolios tax risk THE
Asset managers are increasingly concerned about companies with low tax bills, leading to exclusions and shareholder action amid growing risks.
Tax law News & Breaking Stories
Flight Termination: Arnold Schwarzenegger detained at airport for hours over undeclared luxury watch
Arnold Schwarzenegger detained at German airport for luxury watch. Fined €35,000. Smiles in photo holding watch box. Charity auction planned.
Mark Cuban Suggests Powerball Winner Focuses Winnings on a Singular Investment
A downtown mini market in Los Angeles has sold a winning Powerball ticket worth $1.08bn. Although the buyer has yet to step forward, many have speculated about how their life is about to change. The majority of winners opt to receive half of the jackpot in an immediate lump sum payment. The National Endowment for Financial Education has previously shown that up to 70% of lottery winners spend all their winnings and go broke within a couple of years. Mark Cuban, billionaire investor and star of ABC's "Shark Tank", advises winners to hire a tax attorney and wealth manager to help them make informed decisions about their newfound wealth.
What news can we find under Tax law News Section?
Ever wondered about the dizzying world of tax law? Or speculated what on earth is covered in that complex ocean of facts, figures and legal jargon? Let's dive into this ubiquitous ocean together!
Tax law has always been a cogs-and-wheels topic, spinning relentlessly across every nook and cranny. It sounds bland, right? But hold onto your hats folks - beneath those tangle of numbers lies an array exciting news content you'd never expect.
To start with, we often find significant policy changes popping up all over the place. Remember when Congress overhauled U.S tax code in 2017[1]? That was huge! And who can forget that recent headline-grabbing dispute regarding digital services taxes at international level[2]? Political sparks flying around taxation laws make for some captivating reading.
Besides big-brush strokes legislations though, how about us wage warriors bracing against the annual task master - filing individual or business returns? We yearn to chew on handy hacks: from tweaks to take full advantage of deductions and credits, newer revenue recognition standards for corporations or even managing self-employment levies without facing penalties. Legal loopholes stack like Jenga blocks within these stories as well."
A word of warning – enter this labyrinth armed well with discernment glasses," because alongside useful info awaits that scary beast called misinformation too! Easy tips might border sham schemes (Remember "Free money" promises from inflating refunds?)
Conclusion:
All told then Tax Law isn't just mundane numbers; it thrills at times leaving us gaping wide-eyed by major shake-ups; guides through tedious filings while cautioning against cheats lurking around. So whether you're a tax pro hunting professional insights or simply seeking clarity amidst complexity chaos – rest assured there’s enough here under 'Tax Law' spicing up your regular news-feed!
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