π¨π³#JD #insider #regulation #antitrust #china #tax
βΆοΈ Tencent hands shareholders $16.4B windfall in the form of JD.com stake.
βΆοΈ Eligible Tencent shareholders will be entitled to one share of JD.com for every 21 shares they hold.
βΆοΈ Tencent hands shareholders $16.4B windfall in the form of JD.com stake.
βΆοΈ Eligible Tencent shareholders will be entitled to one share of JD.com for every 21 shares they hold.
β οΈπ·πΊ#steel #ironore #coal #fertilizer #tax #russia
Tax rates for iron ore, coking coal, potash, and liquid steel have increased in Russia.
Tax rates for iron ore, coking coal, potash, and liquid steel have increased in Russia.
β’οΈπΊπΈ#crypto #us #migration #tax #puertorico
US bitcoin millionaires are moving to Puerto Rico for lower taxes and island living.
In the U.S., investors pay as much as 37% on short-term capital gains and up to 20% on long-term gains, which applies to crypto and other assets held for more than a year. One of the tax breaks under Act 60, known as the Individual Investors Act, drops that tax obligation down to zero if certain qualifications are met. This is especially huge for entrepreneurs and crypto traders.
#ipocketcash #service
US bitcoin millionaires are moving to Puerto Rico for lower taxes and island living.
In the U.S., investors pay as much as 37% on short-term capital gains and up to 20% on long-term gains, which applies to crypto and other assets held for more than a year. One of the tax breaks under Act 60, known as the Individual Investors Act, drops that tax obligation down to zero if certain qualifications are met. This is especially huge for entrepreneurs and crypto traders.
#ipocketcash #service
β οΈπΊπΈ#us #budget #geopolitics #tax
Biden submitted a $5.79T budget plan to Congress that calls for record military spending and raising taxes for billionaires and companies - RTRS
Biden submitted a $5.79T budget plan to Congress that calls for record military spending and raising taxes for billionaires and companies - RTRS
β οΈπ’πΊπΈ#oilindustry #us #tax
The White House is considering congressional proposals that could tax oil and gas producers' profits in order to provide a benefit to consumers struggling.
The Biden administration has criticized producers for sitting on profits and not investing in further production to lower costs.
ββββββ-
Britain last week announced a 25% windfall tax on oil and gas producers' profits
The White House is considering congressional proposals that could tax oil and gas producers' profits in order to provide a benefit to consumers struggling.
The Biden administration has criticized producers for sitting on profits and not investing in further production to lower costs.
ββββββ-
Britain last week announced a 25% windfall tax on oil and gas producers' profits
β οΈπ¬π§#tax #renewable #uk
UKβs renewable energy sector will face a windfall tax - FT
British electricity market is designed means that wholesale power prices closely track those of gas because the most expensive power plant - usually a gas-fired power plant - sets the price for the entire market
βββββββββ
Sep. 14, 2021: EU proposal: non-gas generators have to pay majority of the βexcess profitsβ they generate beyond a threshold of β¬180 MWh
UKβs renewable energy sector will face a windfall tax - FT
British electricity market is designed means that wholesale power prices closely track those of gas because the most expensive power plant - usually a gas-fired power plant - sets the price for the entire market
βββββββββ
Sep. 14, 2021: EU proposal: non-gas generators have to pay majority of the βexcess profitsβ they generate beyond a threshold of β¬180 MWh
β οΈπ’πΊπΈ#oilindustry #tax #us
Biden to float windfall tax on US energy companies if they donβt boost domestic production β AP
Biden to float windfall tax on US energy companies if they donβt boost domestic production β AP
β οΈπΊπΈ#chip #tax #us #ChipsAct
the Biden administration will require companies winning funds from its $52B US semiconductor manufacturing and research program to share excess profits
#buyback companies winning funding are also prohibited from using chips funds for dividends or stock buybacks
#china US Chips Act fund recipients must agree not to expand capacity in China for 10 years
π₯#INTC
the Biden administration will require companies winning funds from its $52B US semiconductor manufacturing and research program to share excess profits
#buyback companies winning funding are also prohibited from using chips funds for dividends or stock buybacks
#china US Chips Act fund recipients must agree not to expand capacity in China for 10 years
π₯#INTC
πΊπΈ#budget #us
The White House has released a draft budget for fiscal year 2024. It projects total outlays of $6.883T and total revenues of $5.036T
Biden budget would cut deficit by $3T over next decade
In the budget, US debt to rise from 97% of GDP in 2022 to 109.8% in 2033 #debt
The budget also boosts military spending to more than $835B #military
β οΈhiking the corporate tax rate to 28%, up from 21% #tax #business
β οΈabolition of tax privileges for energy companies #energy
β οΈraise the minimum tax on the rich to 25%
β οΈstock buybacks tax to rise from 1% to 4% #buyback
β οΈthe budget will propose tax changes on crypto to eliminate wash trading #crypto
The White House has released a draft budget for fiscal year 2024. It projects total outlays of $6.883T and total revenues of $5.036T
Biden budget would cut deficit by $3T over next decade
In the budget, US debt to rise from 97% of GDP in 2022 to 109.8% in 2033 #debt
The budget also boosts military spending to more than $835B #military
β οΈhiking the corporate tax rate to 28%, up from 21% #tax #business
β οΈabolition of tax privileges for energy companies #energy
β οΈraise the minimum tax on the rich to 25%
β οΈstock buybacks tax to rise from 1% to 4% #buyback
β οΈthe budget will propose tax changes on crypto to eliminate wash trading #crypto
β οΈ#us #economy #tax #opinion
A high-tax era awaits us in the US. A huge national debt and high interest rates make it unprofitable to continue financing budget spending through borrowing. The only option is to raise taxes.
However, experts do not rule out the scenario of "money printing", but in that case the US could repeat the 2008 crisis scenario or trigger uncontrollable inflation #printingmoney #inflation
βββββββββ-
*among developed countries, the U.S. has the smallest tax-to-GDP ratio = 28% (compared to Germany = 39%, France = 46%)
A high-tax era awaits us in the US. A huge national debt and high interest rates make it unprofitable to continue financing budget spending through borrowing. The only option is to raise taxes.
However, experts do not rule out the scenario of "money printing", but in that case the US could repeat the 2008 crisis scenario or trigger uncontrollable inflation #printingmoney #inflation
βββββββββ-
*among developed countries, the U.S. has the smallest tax-to-GDP ratio = 28% (compared to Germany = 39%, France = 46%)