Monday, November 8, 2021

Taxes, not Twitter, are the real reason Elon Musk might sell some Tesla shares - CNN

Publisher: CNN
Date: 2021-11-08T20:08:12Z
Author: Chris Isidore CNN Business
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Lower export taxes on hake, squid and shrimp, as long as they are processed in Argentina —

The Argentine government has issued Decree 754/2021 which lowers fisheries export taxes, particularly referred to hake, shrimp and squid as long as they are processed in the country including added value, to the benefit of Argentine industry and labor.

Publisher: MercoPress
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Property taxes to rise in Northampton after tax rate set

NORTHAMPTON — The City Council has set a single tax rate for all categories of property for the current fiscal year, and the average residential tax bill is expected to rise about 8.6%.

The city's tax rate for the previous fiscal year was $17.37 per $1,000 of assessed property value. During a presentation to the council on Thursday, Principal Assessor Marc Dautreuil said the rate will rise to $17.89 per $1,000.

Publisher: Daily Hampshire Gazette
Date: 11/8/2021 6:54:12 PM
Twitter: @dailyhampgaz
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LETTER: Supervisors should send a signal they will not raise taxes | Opinion | fauquier.com

If you are a Fauquier County real estate owner, you just received your new assessment for the next four years – up an average of 26%.

The Commissioner of Revenue has gratuitously calculated for us what that would do to taxes without a change in the tax rate - not good. You just paid your personal property taxes on your old clunker, which increased in value due to inflation, as did your tax.

Publisher: Fauquier Times, PrinceWilliamTimes.com
Date: Fauquier Times PrinceWilliamTimes.com
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Transforming Taxes - The Washington Post

As a graduate student, Manoli spent his free time doing what most Americans dread: filling out income tax forms.

"What really struck me was seeing the diversity of individual circumstances," Manoli said.

Publisher: Washington Post
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How to pay taxes on an IRA withdrawal — and the right way to report them to the IRS - MarketWatch

When you take withdrawals from your traditional IRA, you probably understand they are "taxable." But what does "taxable" really mean? Good question. Here are the answers.

If you have several traditional IRAs, you must add them together and treat them as one account to determine the federal income tax consequences of taking withdrawals from any of them.

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Publisher: MarketWatch
Date: 2021-11-08T12:38:00-05:00
Author: Bill Bischoff
Twitter: @marketwatch
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State Offers Incentive to Settle Your Overdue Taxes – NBC Connecticut

The Connecticut Department of Revenue Services is offering a window of opportunity, or amnesty, to pay up. Basically, this means that back taxes owed up through 2020 can be paid at reduced interest with no financial penalties - and also no criminal prosecution.

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Publisher: NBC Connecticut
Date: 2021-11-08T19:22:21 00:00
Twitter: @nbcconnecticut
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Kudlow: We need lower taxes and more energy | Fox Business

Happy Monday, folks. I’m still basking in the glow of last Tuesday’s election repudiation of left-wing progressive wokeism and inflationary spending and high taxes and defund the police and an open sieve border, and no parents in schools.

Publisher: Fox Business
Date: 2021-11-08
Twitter: @FoxBusiness
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Mutual Fund Capital Gains Taxes Could Be a Handful | Kiplinger

After years of raging bull market conditions, many Americans will be sitting on large unrealized capital gains in their mutual fund portfolios.

That's a good thing, of course, but those gains do carry significant tax risks. And they are risks you can't necessarily control.

Publisher: Kiplinger
Author: Charles Lewis Sizemore CFA
Twitter: @Kiplinger
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2022 Spain Budget Taxes | Center for Global Tax Policy | Tax Foundation

Spain's lower chamber has given a green light to the 2022 budget proposal , which comes with a new minimum corporate tax rate of 15 percent for large companies with annual revenue over €20 million (US $23 million), while banks and energy firms must pay a minimum of 18 percent.

The Spanish government expects this minimum corporate tax rate to generate additional revenue of €50 million ($58 million) in 2022 and €400 million ($462 million) annually starting from 2023.

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Publisher: Tax Foundation
Date: 2021-11-08T09:45:04-05:00
Twitter: @taxfoundation
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