Tax


How Trump’s Tax Plan Could Affect You

The White House unveiled a broad outline Wednesday for a dramatically simpler tax code that could lead to lower tax bills for many ordinary taxpayers but also eliminate many of…

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Mnuchin: Trump Has ‘No Intention’ of Releasing Tax Returns

President Donald Trump “has no intention” of releasing his tax returns to the public, Treasury Secretary Steve Mnuchin said Wednesday, asserting Americans have “plenty of information” about the president’s financial…

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Likud Issues Ultimatum on Kahlon Tax Plan

The Israeli coalition may be veering toward yet another crisis, as the Likud party informed Finance Minister Moshe Kahlon that if he doesn’t revise his new tax program, there won’t…

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Ten States to Feel Brunt of Proposed Border Tax

Seven U.S. Republican states carried by President Donald Trump would be among the hardest hit if a Republican-backed border adjustment tax became law as part of a broad tax reform,…

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Tax Man Nets NIS 86M in Raids on Car Repair Shops

In a major coordinated operation last week, authorities responsible for the collection of Value Added (VAT) sales tax raided hundreds of auto repair shops, and cited over 120 with failing…

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Senate, Assembly Back ‘Farm-to-Foodbank’ Idea

A proposal that would give New York farmers a tax credit for donating fruits, vegetables and other products to food banks is gaining momentum in Albany. The Republican-controlled Senate and…

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