Panama City has taken a bold step toward integrating cryptocurrency into its tax and fee payment system. Residents are now able to settle their taxes and municipal fees […]
Trump Proposes Eliminating Income Tax via Tariff Revenue
Former President Donald Trump has boldly suggested that U.S. tariffs could potentially replace income tax, a radical proposal that has sparked intense debate amongst economists and policymakers. During […]
Tech Giants Accused of Billions in Unpaid US Taxes
A new report by the UK-based Fair Tax Foundation (FTF) has accused tech giants like Amazon, Meta, Apple, and Netflix of avoiding billions in U.S. corporate income taxes […]
House Passes Trump’s Tax Plan, Raising Debt Ceiling for Economic Stimulus
The U.S. House of Representatives has voted to advance a tax plan championed by President Trump and raise the debt ceiling, aiming to boost economic growth. This move […]
Trump Repeals IRS Cryptocurrency Tax Rules: Impact on Market Uncertain
President Trump signed legislation repealing the Internal Revenue Service’s (IRS) cryptocurrency tax regulations, significantly altering the landscape for digital asset taxation. This move, aimed at simplifying compliance and […]
Ukraine Unveils Proposal for High Crypto Tax Rate, Exemptions for Stablecoins
Ukraine’s financial watchdog has proposed a new framework to tax certain crypto transactions as personal income, aiming to build a comprehensive crypto tax system that aligns with international […]
U.S. Economic Team Proposes Tax Credit Plan to Combat Tariff Impact on Exports
The U.S. economic team is exploring a proposal for an ‘exporter tax credit’ plan to counter the financial strain of retaliatory tariffs. This initiative seeks to provide refunds […]