China issues tax refund policies for foreign tourists to boost inbound consumption
China issues tax refund policies for foreign tourists to boost inbound consumption
tax
Trump says he ‘loves’ a millionaires tax, but not enough to lose an election
Being a billionaire himself, it’s no surprise President Donald Trump has been against higher taxes on the wealthy. But in an interview published Friday by Time, Trump appeared to change his tune. When asked whether he supports the millionaires tax, Trump said he “certainly [doesn’t] mind having a tax increase,” but the only reason he … Read more
Tax season was an absolute nightmare for the IRS this year thanks to DOGE’s staffing cuts—and experts fear it could lead to refund delays
The height of tax season was the height of turmoil at the IRS. The agency shuffled through three acting directors over the course of a week. It’s preparing to lose tens of thousands of workers to layoffs and voluntary retirements. And President Donald Trump is weighing in on which nonprofits should lose their tax-exempt status, an incursion into the agency’s … Read more
Warren Buffett and Jamie Dimon want billionaires to pay their fair share to Uncle Sam. But a ‘millionaires tax’ would likely affect all the wrong people
America’s most celebrated investor and the head of Wall Street’s most powerful bank have had a clear message for Washington: Tax us more. Warren Buffett and Jamie Dimon, the CEOs of Berkshire Hathaway and JP Morgan Chase, respectively, have both advocated for raising taxes on the rich as a matter of fairness—and to address a … Read more
GOP push to make Trump’s 2017 tax cuts permanent
Tax season is done. And this year, Congressional Republicans converted tax season to “sales” season. Republicans and President Donald Trump are pushing to approve a bill to reauthorize his 2017 tax cut package. Otherwise, those taxes expire later this year. “We absolutely have to make the tax cuts permanent,” said Rep. Tom Tiffany, R-Wis., on … Read more
Slovenia Plans 25% Tax on Crypto Profits Starting 2026
Slovenia just announced it’s coming for crypto profits, and not subtly. On April 17, the Ministry of Finance dropped a draft law proposing a 25% tax on personal gains from crypto sales. If passed, Slovenia’s Crypto Tax would kick in on January 1, 2026. Yes, that means everything you make, flipping tokens or cashing out … Read more
Non-doms quit London private members’ clubs to avoid UK tax links
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Non-doms who have left the UK are quitting their exclusive private members’ clubs to prevent HM Revenue & Customs thinking they are still resident, and therefore have to pay tax. Lawyers have been advising wealthy … Read more
Slovenia proposes 25% tax on personal crypto profits
Slovenia authorities are looking to bring a 25% tax proposal targeting personal crypto profits into effect in 2026 if adopted into law. On April 17, the Slovenian finance ministry submitted for public discussion and feedback, a proposal that seeks to impose a 25% capital gains tax on crypto assets. The bill seeks to align taxation … Read more
Slovenia floats 25% tax on personal crypto profits
Key Takeaways Slovenia proposes a 25% tax on personal crypto profits, effective January 1, 2026. Crypto-to-crypto trades and specific digital assets are excluded from the proposed tax framework. Share this article Slovenia’s finance ministry has proposed a 25% tax on personal profits from crypto asset disposals, seeking to close a tax system loophole that currently … Read more
Panama City accepts Bitcoin, Ether, and stablecoins for tax and fee payments
Key Takeaways Panama City now accepts Bitcoin, Ether, and stablecoins for paying taxes and fees. Crypto payments are converted to USD by a partner bank as government institutions require transactions in USD. Share this article Panama City residents can now pay taxes, fees, tickets, and permits using Bitcoin, Ether, and stablecoins following a city council … Read more