“man in shirt shows euro symbol in tealeaves. Suggests a businessman/financier predicting the … [+] financial futureFor different currencies and variations on this, please see this LB” getty [Editor’s Note: This article originally appeared in the February 15, 2021, issue of Tax Notes International.] It’s a new year, and Portugal holds the presidency of the Council of the
Taxes
WEEHAWKEN, NJ – View of New York City from Weehawken. New Jersey could gain big if a Supreme Court … [+] case on income taxes goes its way. (Photo by Gary Hershorn/Getty Images) Getty Images The pandemic and subsequent downturn has left its mark on state and local budgets over the past year, but it
1st June 1928: American statesman Franklin Delano Roosevelt (1882 – 1945) smiling when he heard … [+] that he was leading the contest for Governor of New York State. He later became the 32nd President of the USA. (Photo by Hulton Archive/Getty Images) Getty Images Presidents sometimes play an outsize role in shaping tax policy
NETHERLANDS, Rotterdam : Dutch party leaders Paul Tang (PvdA), Hans van Baalen (VVD), Dennis de Jong … [+] (SP), Esther de Lange (CDA) , Sophie In ‘t Veld (D66) and Marcel de Graaff (PVV) attend a debate at the Erasmus University in Rotterdam on May 19, 2014 in preparation for the upcoming European elections. Elections
Gift tax written on piece of paper. getty The Biden administration has promised to lower the Unified Credit for Estate taxes from $11.7 million to $3.5 million, and the credit for gift taxes to $1 million. The question on many planner’s minds is whether Congress has the political will to make those changes retroactive: that is