During the recent congressional election campaign, House Republicans said one of their top priorities would be to make permanent the individual tax changes in the 2017 Tax Cuts and Jobs Act (TCJA). A new analysis by the Tax Policy Center estimates that such a move would add more than $3 trillion to the federal budget
Taxes
Tax Notes chief correspondent Stephanie Soong discusses how countries are approaching implementation of the OECD’s two-pillar corporate tax reform plan and the future of the OECD after Pascal Saint-Amans’s departure. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes
Working from home (WFH) has taken a big jump after the Covid-19 pandemic, and some very smart people think it’s here to stay (as I reviewed in my last blog), because many highly educated workers like it. But others aren’t so sure whether employers will continue supporting it, especially if the economy softens and labor
In July Indian Finance Minister Nirmala Sitharaman issued a clarion call to her G-20 counterparts, urging them to devise a way to automatically exchange information on cryptoassets, much as they do with traditional financial accounts. The Indian government has long been wary of cryptoassets and their attendant tax evasion risks. Although the country won’t legally
Donating appreciated stock to charity can be a great way to give back and reduce your tax bill. Taxpayers who itemize get a tax deduction for the market value of the stock. Unlike regular stock sales, when giving stock, there’s no capital gain. The charity receives the full value of the stock (usually in cash).