Tag: Tax
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Audit Suspension and Beyond: Clarity for Philippine Taxpayers This Christmas
Introduction: A Seasonal Pause with High Hopes The Christmas season often brings reflection, generosity, and a fresh slate. For taxpayers in the Philippines, a recent pause in field audits announced by the Bureau of Internal Revenue (BIR) offers a similar opportunity: time to reassess procedures, demand greater transparency, and advocate for a tax system that…
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Finance Ministry blasts IDF overspending, eyes new bank tax as Israel unveils 2026 budget
Overview: A Budget Unveiled in a Climate of Tension Israel’s Finance Ministry released the guiding principles for the 2026 state budget, signaling a bold shift in how the government plans to balance the nation’s finances. The announcement immediately sparked a public clash with the Defense Ministry, with treasury officials accusing the IDF of wasteful practices…
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Budget 2026: €10 Social Welfare Rise and Key Measures
Overview: A €10 boost for social welfare The long-awaited Budget 2026 is set to be unveiled, with government officials signaling a cautious approach amid uncertain economic winds. The headline change confirmed ahead of the address is a €10 weekly increase across all social welfare payments, including the state pension. This marks a more gradual rise…
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Lecornu Proposes Tax on Financial Wealth PS Excludes Zucman
Overview: a new tax idea in a tense budget moment France’s Prime Minister Sébastien Lecornu met with Socialist Party leaders at Matignon on Friday amid a circuit of negotiations that followed Lecornu’s surprise decision to abandon the use of the constitutional tool known as Article 49.3. The main takeaway, according to his team, is a…