A federal grand jury returned an indictment yesterday charging a Memphis woman with preparing false tax returns for others and willfully failing to file her own tax returns. According to the indictment, between 2021 and 2024, Lynette Hogue prepared and filed with the IRS false and fraudulent income tax returns for clients of the tax…
Zack Polanski has confirmed he will pay any outstanding council tax he owes, saying he believed he was not liable for the charge while living on a houseboat in London. The Green Party leader told the BBC he could be liable for between £3,000 and £4,000 in unpaid council tax, owed to the London borough…
Andy Burnham, who is widely expected to take over as prime minister later this month, has said there is “some room” for movement on tax. In an interview with LBC, Burnham suggested business rates on warehouses could be increased to fund tax cuts for pubs and some high-street businesses. But the newly elected Makerfield MP…
US president Donald Trump has vowed to impose a 100% import tariff on any European country that introduces a digital services tax on American technology giants. Writing on his Truth Social platform, Trump said “Numerous European countries” had been discussing bringing in such a levy and some were close to doing so. He warned that…
Another thing not detailed in the report is what proportion of the Privy Purse income has been spent by the King personally and what proportion of it has been spent for official royal duties. This matters because the King only voluntarily pays tax on income spent personally, meaning the King can effectively deduct royal business…
Pollard said: “This Labour government is now rebuilding our military, including through increasing the size of our strategic reserves and giving them more opportunities to work with their regular counterparts.” The Conservatives said their pledge would be to recruit approximately 18,000 new reservists to bring the total to 50,000. The trained and untrained strength of…
King Charles has become Britain’s first monarch in modern times to reveal how much tax he pays on his private income: £24.6m over the past two years. This is not a victory for transparency but a win for those who wish to keep the curtain drawn firmly over the royal finances. What is presented as a radical…
Pakistan wants to abolish a sales tax on menstrual pads and tampons starting in July, a move that is aimed at making the products more affordable in a country where access to and knowledge about menstrual hygiene remains low. Pakistan’s finance minister, Muhammad Aurangzeb, announced a plan to remove the 18 percent sales tax this…
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive…
In April, to mark the day on which Americans are expected to file their taxes, the New York mayor, Zohran Mamdani, filmed himself on Billionaires’ Row, an enclave of super-tall apartment buildings just south of Central Park. When he took office, he said, he would tax the rich, and now, outside the hedge fund billionaire…
