The Big Oil Windfall Profits Tax Legislation Targets Price Gouging

Credit to Author: Carolyn Fortuna| Date: Thu, 17 Mar 2022 15:25:02 +0000

windfall profits“While Putin’s war is causing gas prices to go up, Big Oil companies are raking in record profits,” Senator Elizabeth Warren said. “We need to curb profiteering by Big Oil.. that starts with ensuring these corporations pay a price when they price gouge and using the revenue to help American families.”

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The Wacky Untaxed World Of Jet Fuel Is Coming To An End

Credit to Author: Michael Barnard| Date: Mon, 07 Feb 2022 16:40:46 +0000

Electron Aviation Electron 5The emissions of aviation will be priced, the cost of aviation will go up, and that’s part of why my projection of aviation growth is flat through 2100.

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A primer on changes to 2019 tax returns

Credit to Author: Canadian Immigrant| Date: Wed, 19 Feb 2020 20:36:24 +0000

A new tax season is upon us. Let’s warm up this winter with a primer on the changes to the tax return. The T1 tax return has a new look The Canada Revenue Agency (CRA) has reworked the tax return. More specifically, the line numbers that were 3 or 4 digits are now 5 digits, […]

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Gov’t condones realty taxes, penalties of power plants

Credit to Author: racosta| Date: Fri, 16 Aug 2019 21:15:47 +0000

Duterte says Palace won't declare martial law in Negros Oriental

President Duterte has reduced and condoned the real property taxes and penalties assessed on power generation facilities of some independent power producers (IPPs). Executive Order No. 88, signed by the President, covers the power generating facilities of IPPs under build-operate-transfer (BOT) contracts with government-owned and-controlled corporations (GOCCs). The EO, released by the Palace on Friday, […]

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Gov’t may lose P1B in taxes a year from horse racing

Credit to Author: besguerra| Date: Mon, 12 Aug 2019 21:00:16 +0000

The sport of kings is flourishing today in most parts of Asia, especially in Japan, Hong Kong, Singapore, South Korea, Macau and Malaysia. But here in the Philippines, the reverse is happening as 2017 racing sales (P7.378 billion) dived in 2018 (P5.556 billion), for a P1.822 billion decrease in all three racetracks.

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American paradox: Deficit widens even as economy grows

Credit to Author: jespinosa| Date: Sun, 16 Jun 2019 03:10:20 +0000

American paradox: Deficit widens even as economy grows

President Donald Trump likes to take credit for the US economy, with historic low unemployment and few signs of rising prices, but his promises that surging growth would pay for massive tax cuts are falling flat.

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BIR to Pogo firms: Pay P4.4-B unpaid taxes of Chinese workers

Credit to Author: clopez| Date: Fri, 24 May 2019 21:34:53 +0000

The Bureau of Internal Revenue (BIR) on Friday ordered Philippine offshore gaming operators (Pogo) to pay the P3.4 billion

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China cuts taxes to spur chip makers in face of US pressure

Credit to Author: eestopace| Date: Wed, 22 May 2019 13:11:09 +0000

China cuts taxes to spur chip makers in face of US pressure

China is cutting taxes on its fledgling software and integrated circuit industries as US export controls threaten to handicap Chinese tech companies.

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