Page 30 - Fiscal Analysis News Today

Published April 06. 2021 4:25PM  A bill that would prohibit the selling of flavored cigarettes, tobacco products, e-cigarettes, and vapor products appears to have momentum in the General Assembly. But could a report by the Office of Fiscal Analysis that warns of a substantial loss in tax revenue derail legislation? We certainly hope not. Manufacturers produce flavored tobacco and e-cigarette products to make smoking and vaping more attractive, particularly to young people. Once addicted, they ...

Reopening roadmap for Wales but fears over slow pace and business funding Hospitality groups have accused Welsh Government of moving the goalposts on new funding Updated The video will auto-play soon8Cancel Play now Sign up to our free newsletter for the top North Wales stories sent straight to your e-mail Invalid EmailSomething went wrong, please try again later. Sign up now! When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include ...

To print this article, all you need is to be registered or login on Mondaq.com. Connecticut has passed a bill that provides tax relief for 2020 only for employees working remotely who would have potentially had their wages taxed by two states (H.B. 6516) The bill provides particular relief to Connecticut residents who are required to pay income taxes for the 2020 tax year to other states that use some version of the "convenience of the employer" rule, for example, provid...

Gov. Lamont Signs 3 New Bills Into Law: What You Need To Know - Across Connecticut, CT - Gov. Ned Lamont signed three new bills into law in 2021, including one that prevents double taxation for many residents.

In 2019, voters handed Democrats unified control of Virginia government for the first time in 21 years, guaranteeing the party at least two years of unfettered lawmaking before the next election. This year’s House of Delegates elections and race for governor will be a debate largely over whether Democrats delivered what most Virginia voters wanted or changed too much too fast. Fauquier remains a GOP stronghold. Republicans hold three of the four Virginia General Assembly positions that rep...

Over the weekend, the General Assembly approved legislation to allow businesses across the commonwealth to deduct up to $100,000 of forgiven Paycheck Protection Program loans from their state taxes. While that will certainly come as welcome news for businesses that received PPP money in the state, it could deepen the inequities already faced by Virginia’s Black-owned businesses. Businesses across the country struggled in the wake of the COVID-19 pandemic’s onset and the resulting lockdowns,...

Connecticut Tax Break Bill Aims to Entice Data Centers The state Senate has passed a bill that would provide data centers locating in Connecticut with tax breaks if they invest a certain amount of money, a measure that has garnered enthusiastic support from some. by Erica Moser, The Day / March 2, 2021 Senate on Monday evening passed a bill that would provide data centers locating in  Connecticut with tax breaks if they invest a certain amount...

From left, Connecticut Conference of Municipalities Executive Director Joe DeLong, Council of Small Towns Executive Director Betsy Gara, and former Gov. Dannel P. Malloy. (CTMirror.org) For some municipal leaders, the state legislature’s 2015 promise to send hundreds of millions of dollars in sales tax revenue to cities and towns is one of the worst examples of fiscal bait-and-switch in Connecticut politics. And for the Democratic state legislators — who won re-election after making that pl...

For some municipal leaders, the state legislature’s 2015 promise to send hundreds of millions of dollars in sales tax revenue to cities and towns is one of the worst examples of fiscal bait-and-switch in Connecticut politics. And for the Democratic state legislators — who won re-election after making that pledge — the promise is something they’d like to forget. That’s because the Municipal Revenue Sharing Account, the mechanism through which municipalities would receive a portion of th...

6 years later, the pledge to share sales tax receipts with CT towns is still unfulfilled Keith M. Phaneuf, CTMirror.org FacebookTwitterEmail Joe DeLong, executive director of the Connecticut Conference of Municipalitiesfile photo For some municipal leaders, the state legislature’s 2015 promise to send hundreds of millions of dollars in sales tax revenue to cities and towns is one of the worst examples of fiscal bait-and-switch in Connecticut politics. And for the Democratic state legislators...