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Tag: tax

LVMH set to pay €800 million tax increase to ease France’s debt

October 16, 2024 No Comments Beauty , , , , , ,

By Bloomberg Published October 15, 2024 LVMH is expecting to pay as much as €800 million ($870 million) in additional taxes next year after France announced plans to raise levies on its biggest companies to help shore up public finances. See catwalkChristian Dior – Spring-Summer2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight Speaking during [...]read moreLVMH set to pay €800 million tax increase to ease France’s debt

Kurt Geiger boss is latest to warn of ‘tourist tax’ impact

September 2, 2024 No Comments Business , ,

Kurt Geiger’s chief executive Neil Clifford has joined the growing chorus of retailers calling for a return of tax-free shopping in the UK ahead of October’s first new-government budget. Kurt Geiger Clifford said the end of tax-free shopping for tourists is “having a “massively negative effect” on spending in Britain, and that the government “is [...]read moreKurt Geiger boss is latest to warn of ‘tourist tax’ impact

Nike suspends online sales In Turkey after customs tax increase

August 12, 2024 No Comments Business , , , ,

By Bloomberg Published Aug 12, 2024 Nike Inc. suspended online sales in Turkey via its website and mobile app, days after an increase in customs taxes levied by Turkey on online purchases from abroad. Reuters “We cannot guarantee our consumers that their orders will arrive smoothly and on time, so we are suspending online orders [...]read moreNike suspends online sales In Turkey after customs tax increase

New UK business minister concerned over Shein tax loophole, supply chain

July 11, 2024 No Comments Business , , , ,

A London Stock Market IPO by Shein would lead to a possible investigation into its tax arrangements and questions over its supply chain, the UK’s new Business Secretary has said. There had already been speculation that this would be the case, but Jonathan Reynolds saying as much while actually in government (rather than as possible Business [...]read moreNew UK business minister concerned over Shein tax loophole, supply chain

5 Steps to a Successful Property Tax Appeal

June 10, 2024 No Comments Real estate , ,

In This Article   Key Takeaways Property taxes are based on the value of your home and may fluctuate based on market conditions or renovations done to the property. If you feel your assessment is inaccurate, you may file an appeal to lower your property tax obligation. You will need to check the guidelines in [...]read more5 Steps to a Successful Property Tax Appeal

How Much Could a New Real Estate Tax Hurt Investors In Massachusetts—And Will It Even Work?

May 21, 2024 No Comments Real estate , , , ,

In This Article   Key Takeaways Massachusetts Governor Maura Healey introduced a $4 billion housing bond bill that includes a real estate transfer tax of anywhere from 0.5% to 2% on property sales worth over $1 million. Supporters of the bill say it will help increase housing availability and reduce prices. Opponents say it wrongfully [...]read moreHow Much Could a New Real Estate Tax Hurt Investors In Massachusetts—And Will It Even Work?

Capitalizing on Public Investments in Tax Increment Financing (TIF) Districts

May 21, 2024 No Comments Real estate , ,

In This Article   The future of tax increment financing (TIF) districts looks bright and promising. However, it isn’t just about investing in these areas; it’s about transforming communities for the better. From revitalizing neighborhoods to fueling economic growth, each dollar you invest holds the promise of a brighter future. Here’s a look at public [...]read moreCapitalizing on Public Investments in Tax Increment Financing (TIF) Districts

The Best No Income Tax States To Work And Get Rich

May 15, 2024 No Comments Personal finance , , , ,

Income taxes can hinder wealth creation. Fortunately, for Americans seeking to save on taxes, there are nine states without income tax where we can choose to reside. These states are listed below in alphabetical order: Alaska Florida New Hampshire Nevada South Dakota Tennessee Texas Washington Wyoming Ideally, you’ll secure a fantastic job and find your [...]read moreThe Best No Income Tax States To Work And Get Rich

DeSantis stamps changes to reverse mortgage tax requirements in Florida

May 11, 2024 No Comments Real estate , , ,

Florida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a move that the National Reverse Mortgage Lenders Association (NRMLA) says could save money on closing costs. The new law, House Bill (HB) 7073, changes the way the state’s “documentary stamp tax” can [...]read moreDeSantis stamps changes to reverse mortgage tax requirements in Florida

Bjak road tax – renewal optional, now free of charge; primary service to provide motor insurance renewals

May 7, 2024 No Comments Auto , , , , , ,

File image; new LKM and driver’s license formatsFollowing a statement by the road transport department (JPJ) yesterday, online insurance aggregator Bjak has responded with a statement clarifying that road tax renewal is an optional service for its customers, and it is operating normally. The road tax renewal service by Bjak is now offered to its [...]read moreBjak road tax – renewal optional, now free of charge; primary service to provide motor insurance renewals