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Top News In வரிவிதிப்பு சட்டம் திருத்தம் நாடகம் Today - Breaking & Trending Today

U.S. Treasury eyes corporate tax system as way to tackle climate change

3 Min Read
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen and Deputy Secretary Wally Adeyemo met with environmental groups on Friday to discuss ways to leverage the corporate tax system to help address climate change, Treasury said in a statement.
FILE PHOTO: Janet Yellen speaks during a panel discussion at the American Economic Association/Allied Social Science Association 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Berry/File Photo
Yellen discussed the importance of “using all the tools at our disposal, including the tax code, to drive toward net-zero emissions,” the statement said.
She noted that President Joe Biden’s proposed tax changes would begin to modernize how the United States treats the fossil fuel industry by removing subsidies that date back to the early 1900s, the statement said. ....

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Avail of tax relief on terminal compensation: Here's how to file Form 10E

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Tax Bill Gates's and Jeff Bezos's Family Foundations

Tax Bill Gates’s and Jeff Bezos’s Family Foundations
Private foundations have been one of the biggest tax scams since 1913
Commentary
Governments are about to launch a free-for-all of taxes to pay for the free-for-all of spending on COVID-19 taxes on income, on wealth, on beer and billionaires, on Netflix, on carbon, on real estate transactions, on stock holdings, on international holdings, on just about everything.
But the tax-and-spenders now in control of the United States, Canada, and most Western countries have missed one of the biggest available tax grabs of all the trillions in private charitable foundations, much of it under the control of the likes of Bill Gates and Jeff Bezos through their family foundations. ....

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New York lawmakers threaten Biden's infrastructure tax hikes without local tax break

Seventeen New York state Democratic lawmakers on Tuesday said they will not support proposed tax increases to pay for President Joe Biden's infrastructure plan unless it also rolls back a 2017 tax change that hurt high earners in some states. ....

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Turkey fines Google for abusing dominant position

Turkey's Competition Board said on Wednesday it had fined Google more than 296 million lira ($36.65 million) for abusing its dominant position in the search engine services area. ....

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