Indians go on shopping frenzy ahead of radical unified sales tax

Jul 1, 2017

Indians go on shopping frenzy ahead of radical unified sales tax

At a crowded New Delhi market plastered with posters announcing massive sales, shoppers were vacuuming up household gadgets and high-end electronics in the last days before India’s new sales tax takes effect.The single, nationwide tax starting Saturday replaces a complicated mix of state and ...

Jun 25, 2017

Illinois could be first state with 'junk' credit due to budget

Illinois is on track to become the first U.S. state to have its credit rating downgraded to “junk” status, which would deepen its multibillion-dollar deficit and cost taxpayers more for years to come.S&P Global Ratings has warned the agency will likely lower Illinois’ creditworthiness ...

Jun 10, 2017

Japan's tax revenue headed for first fall in seven years

General-account tax revenue is expected to show its first drop in seven years when the government’s results for fiscal 2016 are released, dealing another blow to Prime Minister Shinzo Abe’s sputtering economic policies, sources said.Since returning to the prime ministership in late 2012, Abe ...

Trump filed for extension on 2016 tax returns, report says

/ Jun 4, 2017

Trump filed for extension on 2016 tax returns, report says

Donald Trump filed for an extension to submit his 2016 tax returns, NBC News reported Saturday citing a White House official, the latest reminder that the billionaire president continues to break with tradition and has not released his tax history.Interest in Trump’s tax returns, ...