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The deeper lesson from GameStop: Let's look at taxing the speculators who gamble for financial gain


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The deeper lesson from GameStop: Let s look at taxing the speculators who gamble for financial gain
Rather than looking for swingeing spending cuts or increased taxes on work, how about we start at the top, writes Victor Duggan.
By Victor Duggan
Sunday 7 Feb 2021, 7:30 AM
Feb 7th 2021, 7:30 AM
31,778 Views
54 Comments
Victor Duggan
Economist
WHO WAS PAYING attention to GameStop a month ago other than committed gamers and punters on the stock market?
The bricks-and-mortar computer game retailer burst to prominence in recent weeks as a pawn in a supposed David-and-Goliath story, a battle of wits between plucky nerds and the w ....

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Snapshot: tax considerations for private clients in Colombia


How does an individual become taxable in your jurisdiction?
An individual is subject to income tax in Colombia owing to residence status or upon deriving Colombian source income.
 Non-residents
Non-residents are subject to income tax only on source income and they are only required to report income or assets derived or located in Colombia.
 
Colombian source income refers to income from activities undertaken within Colombian territory and certain activities rendered from abroad.
 
Applicable law refers to this as the provision of services inside Colombian territory, the transfer of assets located in Colombian territory at the time the transfer takes place and the exploitation of tangible or intangible assets located inside the country. ....

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Ending G7 fossil fuel subsidies could generate $101bn to offset climate damages in the Global South by 2026


Nora Awolowo
New analysis by ActionAid International and The Robin Hood Tax Campaign
ActionAid International and The Robin Hood Tax Campaign are today (12 December) calling on G7 countries to make good on their commitment – enshrined in Article 8 of the Paris Agreement – to provide finance to support the world’s poorest countries to recover from the damage caused by the climate crisis.
The organisations argue that G7 countries can make significant strides in funding to tackle loss and damage by accelerating reductions in fossil fuel subsidies and redirecting support from polluting industries into a new ‘Climate Damages Fund’.
The new analysis comes as the UN and UK co-host today’s online Climate Ambition Summit on the fifth anniversary of the Paris Agreement. ....

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