WASHINGTON — The Trump administration said on Tuesday that it would open an investigation into taxes on digital commerce that have been adopted or proposed in nine countries and the European Union, escalating a global battle that will affect where big American tech companies like Facebook and Amazon pay taxes.
The administration's move could ultimately lead to American tariffs on imports from Brazil, Britain, India and a host of other countries, heightening the chances of another global trade dispute that results in retaliatory taxes on U.S. goods.
Quite a lot has been going on:
Want To Help Residents? Just Reduce Property Taxes! No Strikes Needed.
Matt Bolin Owner of Ben Lemond holding cancelled property tax and utility checks in front of his ... [+] building, the Ben Lemond.
OK, so I got 67 responses. Not anywhere close to a representative sample obviously. But here's what the totals were.
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As angry and frustrated as I know housing providers are right now, even those ones who say they want to stop paying property taxes, eventually realize that maybe it may not be a good idea. One respondent said,
Lordstown OKs tax agreement for Old Dominion | News, Sports, Jobs - Tribune Chronicle
LORDSTOWN — Village council has given its approval for an enterprise zone agreement with Old Dominion Freight Line Inc. for exemption of 40 percent for 10 years on real and tangible personal property taxes.
Mayor Arno Hill said the freight trucking company is planning to construct a terminal of more than 30,400 square feet on 15.2 acres off Tod Avenue near the planned General Motors / LG-Chem multi-billion-dollar electric vehicle battery-cell manufacturing plant.
Tax Day is coming soon. What you need for July 15
It may be hard to believe, but taxpayers have approximately six weeks to file their 2019 income tax returns and pay taxes owed to the IRS.
July 15 is the new Tax Day, as the Treasury Department moved the deadline to help taxpayers contend with disruption related to the coronavirus pandemic.
"What we'd normally be doing in March and April is what we're getting into now," said Brian Streig, CPA and tax director at Calhoun Thomson and Matza in Austin.
Were you following this:
Bill Rudin on Remote Work, NYC Property Taxes, Tech Leasing
REBNY chair responds to fears that tech's love affair with the New York office market is over and talks about how the city is going about reopening
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Bill Rudin is the co-chairman and CEO of Rudin Management, one of New York City’s largest family-run real estate firms . Rudin is also chairman of the Real Estate Board of New York and a former chairman of the Association for a Better New York. With more than 15 million square feet of holdings in Manhattan, he’s got more skin in the game than nearly any New Yorker when it comes to real estate.
IRS failed to investigate high income households for not filing taxes says TIGTA | Federal News
Eric White is news anchor and Federal Drive producer at Federal News Network. Follow @FEDERALNEWSCAST
Why small business owners may want to file taxes AFTER July 15 deadline - MarketWatch
In response to the COVID-19 crisis, the IRS postponed the usual deadlines for: (1) paying what business taxpayers will owe Uncle Sam with their as-yet-unfiled federal income tax returns and (2) taking several actions that can affect what will be owed with those returns.
So, if your business entity's federal income tax return is still awaiting completion, you may have more tax planning flexibility than you thought, and you have plenty to think about in that regard. Ditto for individual taxpayers who own pass-through business entities.
Monterey folks weigh in on police budgets, hotel taxes – Monterey Herald
MONTEREY — Residents on Monday questioned the need for the relative abundance of cash flowing into the police department while other services are being dramatically cut, and at the same time encouraged officials to jack up the city’s hotel tax to offset some of the cuts.
Heading into Tuesday night’s city council meeting, City Manager Hans Uslar hosted a virtual town hall meeting to allow residents to comment on a budget reduction plan to meet a $31 million shortfall over a two-year budget cycle.
Happening on Twitter
Trump just had peaceful demonstrators viciously attacked. No, Mr. President. This is not a dictatorship. This is t… https://t.co/ekBLO2awhq BernieSanders (from Vermont) Tue Jun 02 01:09:27 +0000 2020
FUN FACT: Trump's disapproval rating has climbed to 54% — the highest disapproval for any president in U.S. history. joncoopertweets (from New York) Tue Jun 02 20:15:09 +0000 2020
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