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Tax

BBMP wants to raise taxes and collect GPS coordinates of properties

Bengaluru: In a first-of-its-kind move, the Bruhat Bengaluru Mahanagara Palike (BBMP) will conduct a door-to-door survey to independently collect the GPS coordinates of about 20 lakh properties in the city. The survey is intended to improve the collection of property…

Failure to reduce property tax

As I write this article, it is the 14th day of the unicameral legislature’s special session on property tax relief, and it is not yet complete. During the special session, 81 bills were introduced on the subject of taxes, while…

You have installed solar panels – what you should know about the tax relief you can get

Last year, SARS introduced a solar energy tax credit to encourage the installation of solar systems in homes and businesses. If you haven’t installed solar power in your home yet, it’s too late. However, there is still the possibility of…

Oklahoma’s grocery tax cut starts Thursday: What you should know

Anyone who buys $100 worth of groceries today in Tulsa and other Oklahoma cities will pay about $4.50 more than if they wait a few days. The state of Oklahoma is set to abolish its 4.5 percent tax on groceries…

Tax deduction for day camp costs possible

COLUMBIA – The cost of a summer day camp for South Carolina taxpayers may be able to count toward the Child and Dependent Care Tax Credit, according to the Internal Revenue Service. Many working parents arrange for summer care for…

What has changed after the budget?

The UK is currently developing its own framework for regulating and taxing crypto and digital assets. Photo: Getty (pcess609 via Getty Images) Following Jeremy Hunt’s budget announcement in the spring, crypto assets are set to become a separate category in…

12 of the strangest tax rules explained

Gingerbread men with chocolate eyes are VAT-free, but those with chocolate belts are taxed at 20%. Photo: Getty (Moonstone images via Getty Images) VAT recently celebrated its 50th birthday in the UK, and over the years it has grown into…

Tucson voters could be asked to raise the city’s sales tax

Tucson voters could be asked to approve a half-cent sales tax next spring. The City Council will consider Tuesday whether to pursue a proposal to increase the sales tax to 9.2%. On Tuesday, the council is expected to decide whether…

Kamala Harris: As president, she wants to implement tax cuts for the middle class

CHICAGO, Aug 22 (Reuters) – Democratic presidential candidate Kamala Harris said in her speech to the Democratic National Convention on Thursday that as president she would seek a tax cut for the middle class. Harris said her opponent, Republican presidential…

Property tax increases in West Palm Beach until 2025

“Palm Beaching”: How changes are shaping Palm Beach County “Palm Beaching”: From Boca Raton to West Palm Beach, from Wellington to Jupiter – how changes are shaping Palm Beach County. Rising real estate prices in West Palm Beach will result…