Thursday, November 26, 2020

France orders Big Tech to pay digital tax despite threat of US tariffs - CNN

Publisher: CNN
Date: 2020-11-25T17:40:23Z
Author: Julia Horowitz CNN Business
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And here's another article:

Cigarette Taxes and Cigarette Smuggling by State | Tax Foundation

One notable consequence of high state cigarette excise tax rates has been increased smuggling as people procure discounted packs from low-tax states and sell them in high-tax states. Growing cigarette tax differentials have made cigarette smuggling both a national problem and, in some cases, a lucrative criminal enterprise.

New York is the highest net importer of smuggled cigarettes, totaling 53.2 percent of total cigarette consumption in the state. New York also has one of the highest state cigarette taxes ($4.35 per pack), not counting the additional local New York City cigarette tax ($1.50 per pack). Smuggling in New York has risen sharply since 2006 (+49 percent), as has the tax rate (+190 percent). In October 2019, three people were charged in connection with smuggling cigarettes on the Staten Island Ferry.

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Publisher: Tax Foundation
Date: 2020-11-24T05:55:28-05:00
Twitter: @taxfoundation
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Loudoun Supervisors Move Toward Admissions, Cigarette, Plastic Bag Taxes - Loudoun Now

County supervisors took steps toward enacting three new local taxes at their Nov. 17 meeting, including taxes on admissions, cigarettes, and single-use plastic bags.

The county will seek to join the Northern Virginia Cigarette Tax Board, which would allow Loudoun to levy a tax of two cents per cigarette, or 40 cents a pack. The towns of Hillsboro, Leesburg, Lovettsville, Middleburg, Purcellville, and Round Hill are already members.

Publisher: Loudoun Now
Date: 2020-11-24T18:34:08 00:00
Twitter: @loudounnow
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Gas Taxes Could Increase Next Year Under Regional Transportation Initiative – NBC

Thanksgiving is traditionally a big travel day for many Americans and by next year it might cost drivers a little more at the pump if the northeast governors from 12 states approve a climate initiative. 

"We believe that this misguided program can end up pulling Connecticut into a multi-state effort to lower emissions through punishing the people who can least afford it," Chris Herb, president of the Connecticut Energy Marketers Association, said.  

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Publisher: NBC Connecticut
Date: 2020-11-25T17:24:00 00:00
Twitter: @nbcconnecticut
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While you're here, how about this:

Will I Be Charged a Fee for Paying My Property Taxes Online? - Mansion Global

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week's question.

Q. I'm new to the suburbs of Atlanta. I was trying to pay my property tax online, but was told I need to include a convenience fee. Is that common in the U.S.?

A. Many municipalities require a convenience fee when paying by debit or credit card, which covers processing and other administrative costs.

For example, in Gwinnett County, about 30 miles northeast of Atlanta, homeowners are charged a 2.25% fee for credit card or PayPal payments. A flat fee of $3.95 is charged to debit card users.

Date: 2020-11-26T13:00:00.000Z
Author: V L Hendrickson
Twitter: @mansionglobal
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Surging Sports Betting Taxes Replenish Sinking State Coffers (2)
Twitter: @tax
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Guest Commentary: Multiple tax credits available to residents | Your Valley

Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.

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Many benefits go unclaimed simply because people are unaware that the benefits exist. In an effort to shed light on some of the help that is available to low-income seniors, I will write a guest commentary each month about a different senior help program.

Below is a listing of benefits available for low-income seniors that some may not realize are available.

Publisher: Your Valley
Date: Thu 26 Nov 2020 08:00:00 -0700
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Mississippi Income Tax Phase-Out? | Tax Foundation

Mississippi Governor Tate Reeves (R), in his budget proposal for fiscal year (FY) 2022 , has announced his goal of phasing out the state's income tax by 2030.

Mississippi's income tax currently has three marginal rates of 3 percent, 4 percent, and 5 percent. The corporate rates and brackets match the individual rates and brackets, and the brackets contain a marriage penalty because the rates kick in at the same marginal income levels regardless of filing status.

Publisher: Tax Foundation
Date: 2020-11-24T16:32:57-05:00
Twitter: @taxfoundation
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