Us Tax Plans
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Trump Was "Pissed Off" At Putin, But Russia Missing From His Tariff List
After weeks of anticipation, US President Donald Trump on Wednesday unveiled his reciprocal tariffs plan by declaring a 10 per cent baseline tax on practically all goods imported to the United States.
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US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
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No Tax On Tips, Overtime Or Social Security: Inside Trump's Plan For America
US President Donald Trump on Tuesday said his administration is seeking permanent income tax cuts for all Americans, hit hard by inflation.
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What Are Reciprocal Tariffs And Who Might Be Affected?
Tariffs are taxes imposed on goods imported from another country. As for reciprocal tariffs -- during election campaigning, Donald Trump promised: "An eye for an eye, a tariff for a tariff, same exact amount."
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How Donald Trump Plans To Put More Money In Americans' Pockets
During the campaign trail, Donald Trump heavily focused on slashing taxes on tips as well as other social security benefits.
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US Man's Bold Prediction Comes True With Over Rs 1 Crore Jackpot Win
Cameron Vick's spur-of-the-moment decision paid off, allowing him to take home $114,941 after taxes, which he plans to use for home repairs.
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Trump Struggles To Keep Media Spotlight In Battle With Kamala Harris
Donald Trump, touting plans on taxes and health, tried on Friday to turn the page on a week in which he was overshadowed by Kamala Harris and struggled to focus on policy issues instead of personal attacks on his opponent in the US presidential race.
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Donald Trump Scrambles For Media Spotlight As Kamala Harris Leads
Donald Trump, touting plans on taxes and health, tried on Friday to turn the page on a week in which he was overshadowed by Kamala Harris and struggled to focus on policy issues instead of personal attacks on his opponent in the US presidential race.
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G20 Prioritises Discussions on Digital Tax Amid Looming Tariff Threats from US
The Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies.The stakes in the negotiations are high. A failure to reach agreement on final terms could prompt several countries to reinstate their taxes on U.S. tech giants and risk punitive duties on billions of dollars...
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Taxes on Crypto Mining Power Use to Spike Next Year in US, Plan Outlined
The US government has proposed to raise the taxes on the electricity requirement for miners. The tax imposed on the electricity usage by crypto mining firms could now go as high as 30 percent of total cost of the electricity that was used to facilitate the mining process in the US.
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South Korea Proposes Stronger Incentives, Bigger Tax Breaks to Boost Critical Chip Sector
South Korea plans to introduce bigger tax breaks for chip manufacturers in the country, a month after a law allowing for new incentives was passed. The country has been caught between the US and China in an escalating fight over critical semiconductors, which are used in a wide range of electronic devices from smartphones to missiles.
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Oil Major BP Says Quarterly Profit More Than Double To $8.2 Billion
US President Joe Biden had on Monday said that he plans to seek tax penalties for oil companies unless they invest their record profits in lowering consumer costs.
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Hyundai Set to Launch $5.5 Billion US EV Plant as Inflation Reduction Act Dims Sales Outlook
Hyundai on Tuesday will break ground on a new $5.5 billion (roughly Rs. 45,500 crore) electric vehicle (EV) and battery plant in the US, ahead of the company's plans to begin commercial production in the first half of 2025 in the massive plant in Bryan county, west of Savannah. The event comes at a time when South Korea and the European Union are a...
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US Plan For Electric Vehicles Tax Breaks May Breach WTO Rules: European Union, South Korea
The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules.
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Make America Greener: Biden's "Ambitious" Climate Plan Gets Senate Nod
After 18 months of arduous negotiations and a marathon night of debate, the US Senate on Sunday passed Joe Biden's ambitious climate, tax and health care plan -- a significant victory for the president ahead of crucial midterm elections.
-
Trump Was "Pissed Off" At Putin, But Russia Missing From His Tariff List
After weeks of anticipation, US President Donald Trump on Wednesday unveiled his reciprocal tariffs plan by declaring a 10 per cent baseline tax on practically all goods imported to the United States.
-
US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
-
No Tax On Tips, Overtime Or Social Security: Inside Trump's Plan For America
US President Donald Trump on Tuesday said his administration is seeking permanent income tax cuts for all Americans, hit hard by inflation.
-
What Are Reciprocal Tariffs And Who Might Be Affected?
Tariffs are taxes imposed on goods imported from another country. As for reciprocal tariffs -- during election campaigning, Donald Trump promised: "An eye for an eye, a tariff for a tariff, same exact amount."
-
How Donald Trump Plans To Put More Money In Americans' Pockets
During the campaign trail, Donald Trump heavily focused on slashing taxes on tips as well as other social security benefits.
-
US Man's Bold Prediction Comes True With Over Rs 1 Crore Jackpot Win
Cameron Vick's spur-of-the-moment decision paid off, allowing him to take home $114,941 after taxes, which he plans to use for home repairs.
-
Trump Struggles To Keep Media Spotlight In Battle With Kamala Harris
Donald Trump, touting plans on taxes and health, tried on Friday to turn the page on a week in which he was overshadowed by Kamala Harris and struggled to focus on policy issues instead of personal attacks on his opponent in the US presidential race.
-
Donald Trump Scrambles For Media Spotlight As Kamala Harris Leads
Donald Trump, touting plans on taxes and health, tried on Friday to turn the page on a week in which he was overshadowed by Kamala Harris and struggled to focus on policy issues instead of personal attacks on his opponent in the US presidential race.
-
G20 Prioritises Discussions on Digital Tax Amid Looming Tariff Threats from US
The Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies.The stakes in the negotiations are high. A failure to reach agreement on final terms could prompt several countries to reinstate their taxes on U.S. tech giants and risk punitive duties on billions of dollars...
-
Taxes on Crypto Mining Power Use to Spike Next Year in US, Plan Outlined
The US government has proposed to raise the taxes on the electricity requirement for miners. The tax imposed on the electricity usage by crypto mining firms could now go as high as 30 percent of total cost of the electricity that was used to facilitate the mining process in the US.
-
South Korea Proposes Stronger Incentives, Bigger Tax Breaks to Boost Critical Chip Sector
South Korea plans to introduce bigger tax breaks for chip manufacturers in the country, a month after a law allowing for new incentives was passed. The country has been caught between the US and China in an escalating fight over critical semiconductors, which are used in a wide range of electronic devices from smartphones to missiles.
-
Oil Major BP Says Quarterly Profit More Than Double To $8.2 Billion
US President Joe Biden had on Monday said that he plans to seek tax penalties for oil companies unless they invest their record profits in lowering consumer costs.
-
Hyundai Set to Launch $5.5 Billion US EV Plant as Inflation Reduction Act Dims Sales Outlook
Hyundai on Tuesday will break ground on a new $5.5 billion (roughly Rs. 45,500 crore) electric vehicle (EV) and battery plant in the US, ahead of the company's plans to begin commercial production in the first half of 2025 in the massive plant in Bryan county, west of Savannah. The event comes at a time when South Korea and the European Union are a...
-
US Plan For Electric Vehicles Tax Breaks May Breach WTO Rules: European Union, South Korea
The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules.
-
Make America Greener: Biden's "Ambitious" Climate Plan Gets Senate Nod
After 18 months of arduous negotiations and a marathon night of debate, the US Senate on Sunday passed Joe Biden's ambitious climate, tax and health care plan -- a significant victory for the president ahead of crucial midterm elections.
