Government taxation and revenue

June 18, 2018 - 9:42 pm
SACRAMENTO, Calif. (AP) — California lawmakers passed legislation Monday that puts more conditions on state film tax credits to encourage better sexual harassment reporting and diverse hiring amid revelations of misconduct and discrimination in the movie industry. The legislation would require...
Read More
June 18, 2018 - 4:39 am
MADRID (AP) — The brother-in-law of Spain's King Felipe VI has begun serving a nearly six-year sentence for fraud and tax evasion, Spanish prison authorities said Monday. An official with the Interior Ministry's prison management division said Inaki Urdangarin arrived Monday morning at a prison...
Read More
Portugal's Cristiano Ronaldo gestures to the fans at the end of the group B match between Portugal and Spain at the 2018 soccer World Cup in the Fisht Stadium in Sochi, Russia, Friday, June 15, 2018. (AP Photo/Francisco Seco)
June 15, 2018 - 6:51 pm
MADRID (AP) — Spanish media reports that Portugal forward Cristiano Ronaldo has agreed to plead guilty to tax fraud and pay a fine of 18.8 million euros ($21.8 milllion) in exchange for a prison sentence that would most likely be suspended. Spanish newspaper El Mundo reported Friday that Ronaldo is...
Read More
June 15, 2018 - 5:27 pm
PORTLAND, Maine (AP) — A set of retaliatory tariffs released by China includes a plan to tax American lobster exports, potentially jeopardizing one of the biggest markets for the premium seafood. Chinese officials announced the planned lobster tariff on Friday along with hundreds of other tariffs...
Read More
FILE- In this Jan. 30, 2018, file photo, several ship to shore cranes work a vessel at the Georgia Ports Authority's Port of Savannah loading and unloading container in Savannah, Ga. On Thursday, June 14, the International Monetary Fund issues its annual assessment of the U.S. economy at a news conference with IMF Managing Director Christine Lagarde. (AP Photo/Stephen B. Morton, File)
June 14, 2018 - 4:38 pm
WASHINGTON (AP) — The International Monetary Fund said Thursday that tax cuts will help fuel the U.S. economy this year and next. But it warned that growth after that will slide to levels just half of what the Trump administration is forecasting. In its annual assessment of the U.S. economy, the...
Read More
Greek Prime Minister Alexis Tsipras, right, and Finance Minister Euclid Tsakalotos attend a parliamentary session in Athens, on Thursday, June 14, 2018. The head of Greece's main opposition party Kyriakos Mitsotakis submitted a motion for a no-confidence vote in the government, objecting to a deal reached between the prime ministers of Greece and Macedonia to settle a decades-old dispute over Macedonia's name. (AP Photo/Petros Giannakouris)
June 14, 2018 - 2:10 pm
ATHENS, Greece (AP) — Greek lawmakers approved Thursday the last batch of economic reforms required by creditors, as the country approaches the end of its international bailout. Lawmakers in the 300-member parliament voted 154-144 to approve the bill, with two deputies not present. The legislation...
Read More
June 13, 2018 - 10:43 am
COLUMBUS, Ohio (AP) — The Ohio Supreme Court has heard arguments in a dispute over promotions including bobbleheads and other items offered by the Cincinnati Reds to ticket buyers. At issue is whether the Reds are exempt from paying tax on the purchase of the promotional items. Attorneys for the...
Read More
Demonstrators opposing the repeal of a tax on large companies such as Amazon and Starbucks that was intended to combat a growing homelessness crisis hold a sign that reads "Tax Amazon" as they wait for the start of a Seattle City Council meeting, Tuesday, June 12, 2018, at City Hall in Seattle. Members of the Council were expected to vote Tuesday on whether or not to repeal the tax. (AP Photo/Ted S. Warren)
June 13, 2018 - 2:08 am
SEATTLE (AP) — A tax on large companies like Amazon that was meant to fight a growing homelessness crisis got rolled back during a raucous Seattle City Council meeting. It exposed divisions over how much companies that have fueled booming economies should help pay to alleviate the downsides of...
Read More
Demonstrators opposing the repeal of a tax on large companies such as Amazon and Starbucks that was intended to combat a growing homelessness crisis hold a sign that reads "Tax Amazon" as they wait for the start of a Seattle City Council meeting, Tuesday, June 12, 2018, at City Hall in Seattle. Members of the Council were expected to vote Tuesday on whether or not to repeal the tax. (AP Photo/Ted S. Warren)
June 12, 2018 - 7:07 pm
SEATTLE (AP) — Seattle leaders on Tuesday repealed a tax on large companies such as Amazon and Starbucks after a backlash from businesses, a stark reversal from a month ago when the City Council unanimously approved the effort to combat a growing homelessness crisis. A divided crowd chanted, jeered...
Read More
FILE- In this May 30, 2018, file photo the East Front of the U.S. Capitol in Washington is seen under stormy skies. On Tuesday, June 12, the Treasury Department releases federal budget data for May. (AP Photo/J. Scott Applewhite, File)
June 12, 2018 - 2:56 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $146.8 billion in May, helping push the total deficit so far this year 23 percent above the same period a year ago. Last month's deficit followed a surplus of $214.3 billion in April, a month that traditionally ends in the black...
Read More

Pages