Tax


Wealth Tax Under Attack as Norway Prepares to Vote

Taxing the rich has become a political hot potato ahead of Norway’s election next month. On Tuesday, the country’s biggest business group weighed in, saying the opposition Labor Party’s plan…

Read more »

Court Strikes Down Third-Apartment Tax

Israel’s High Court voided a tax enacted recently on owners of multiple housing units, intended to ease the housing shortage, on procedural grounds, on Sunday, according to media reports. The…

Read more »

GOP Tax Package May Be Delayed

The White House’s push to quickly pass a major package of tax cuts through Congress is facing a fall calendar full of legislative land mines, potentially delaying a key part…

Read more »

Mnuchin ‘Looking Closely’ at Online Sales Tax

The Trump administration is weighing whether to support online sales taxes that could give state governments greater flexibility in their budgets. Testifying before a Senate panel on Capitol Hill Wednesday,…

Read more »

Ryan Pitches Tax Reform

House Speaker Paul Ryan on Thursday pitched Republican plans for overhauling the nation’s tax code at the New Balance sneaker factory, as demonstrators outside protested the GOP agenda of scrapping…

Read more »

Tax Authority Wins 1.5 Billion Shekel Claim Against HPE

International computer giant HPE (formerly Hewlett-Packard) has been slapped with a 1.5-billion-shekel tax on its 2006 acquisition of the intellectual property of Israel company Mercury Interactive, according to Globes. The…

Read more »

Ryan Talking Tax Reform at New Balance Shoe Factory

House Speaker Paul Ryan is pitching Republican plans for overhauling the nation’s tax code as his party looks to reset amid its struggles on repealing and replacing former President Barack…

Read more »

Ryan Promises Tax Overhaul Year Despite GOP Divisions

Overhauling the nation’s tax code is a once-in-a-generation opportunity, says House Speaker Paul Ryan, who is promising to act by the end of the year despite political divisions among Republicans…

Read more »

Tax Income Rises, But Gov’t Loses Ground

Finance Ministry figures released Tuesday indicate that tax revenues grew in the first five months of 2017, compared to a year earlier. However, a bigger state budget this year means…

Read more »

Gov’t Eliminates Import Duty on Shoes

Taxes on shoes were the latest to be slashed, as the government continues with its program of lowering the cost of living for Israelis. Shoes, which until now had an…

Read more »