Tax


Tax Watch on Luxury Items Nets Evaders

Sociologists invented the concept of “conspicuous consumption” -eye-catching displays of luxury to gain social status, but now the Israeli Tax Authority has turned it into a tool for catching tax…

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Contractors Accuse Iraq of Shakedowns to Force Tax Payments

American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they’ve warned the Trump administration is hampering the…

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Panel Advises Keeping Lid on Online Purchase Tax

A government committee has recommended keeping the ceiling on exemption from import tax for online orders at $75, compared with a global average exemption ceiling of $200, Globes reported on…

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Republicans Divided on Red Ink for Tax Cuts

A Republican on the Senate Budget Committee said Tuesday that tax-cut advocates on the panel are pressing for cuts that could add $1.5 trillion or more to the deficit over…

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FBI Warns of Spreading W-2 Email Theft Scheme

W-2 SCAM The IRS is warning businesses about a sharp increase in email phishing scams involving employees’ W-2 forms — scams that can put staffers’ Social Security numbers and other…

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Kahlon Bucks Cancer Society on Tobacco Tax

Finance Minister Moshe Kahlon has refused to back a raise of tobacco taxes to discourage smoking, the Israel Cancer Association has alleged, The Jerusalem Post reported on Thursday. Kahlon’s communications…

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