Tax – Page 5 – THE OVAL CIRCLE

USA

US Court Temporarily Blocks Release of Trump Tax Returns

Posted on September 2, 2020September 2, 2020By Editor

A federal appeals court temporarily blocked a New York prosecutor from immediately obtaining President Donald Trump’s tax records, court documents revealed. … Read More >US Court Temporarily Blocks Release of Trump Tax Returns

World

Australia hikes cigarette taxes for second time this year, making it MOST EXPENSIVE place in the WORLD to smoke

Posted on September 2, 2020September 2, 2020By Editor

It costs AU$1.75 (US$1.29) per cigarette in Australia after the country slapped a second tax increase on tobacco in a bid to discourage the unhealthy (if lucrative) act, making them the most expensive anywhere in the world. … Read More >Australia hikes cigarette taxes for second time this year, making it MOST EXPENSIVE place in the WORLD to smoke

Domo arigato, Mr. Roboto! Russia may introduce new income tax… on ROBOTS

Posted on July 27, 2020July 27, 2020By Editor

In an era when machines may leave millions of people without jobs, Russia is reportedly exploring the possibility of collecting taxes from robots, making the payments equal to income taxes paid by human employees. … Read More >Domo arigato, Mr. Roboto! Russia may introduce new income tax… on ROBOTS

Russia

Russia to abandon flat tax after almost two decades, will start moving back to progressive system – Putin

Posted on June 24, 2020June 24, 2020By Editor

Russia is planning to introduce a progressive tax regime, adding a 15% tax bracket for those earning over five million rubles ($72,000) a year, President Vladimir Putin said. The money will be used to treat severely ill children. … Read More >Russia to abandon flat tax after almost two decades, will start moving back to progressive system – Putin

Russia mulls tax cuts for domestic IT companies to accelerate expansion of tech industry – report

Posted on June 24, 2020June 24, 2020By Editor

Russian IT firms may enjoy significantly lower income tax and insurance payments, according to a plan laid out by Prime Minister Mikhail Mishustin. … Read More >Russia mulls tax cuts for domestic IT companies to accelerate expansion of tech industry – report

World

‘Police state’ & bad for IT business: Telegram founder who ditched Russia unloads on the US & life in Silicon Valley

Posted on May 8, 2020May 8, 2020By Editor

High taxes, bad healthcare, police repression, lack of culture, poor education… Telegram founder Pavel Durov wants you to know he really doesn’t like Silicon Valley and thinks living or doing business in the US is a terrible idea. … Read More >‘Police state’ & bad for IT business: Telegram founder who ditched Russia unloads on the US & life in Silicon Valley

Russia considering imposing digital tax on Google & Facebook

Posted on October 6, 2019October 6, 2019By Editor

Global tech giants like Google, Facebook and Apple should bring revenue to the countries where they are doing business, the Russian Finance Ministry has announced. … Read More >Russia considering imposing digital tax on Google & Facebook