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Kenya’s Justices May Ax Part Of Tax Act That Set Off Unrest

by usoftax_admin | Aug 22, 2024 | Tax News

The Supreme Court of Kenya agreed to stay a lower court’s ruling declaring unconstitutional the government’s entire 2023 tax package, which sparked deadly nationwide protests, but it looks likely to scrap at least part of the law next month, attorneys told...

Guardrails Needed To Thwart Abuse Of Tax-Free Tips Law

by usoftax_admin | Aug 22, 2024 | Tax News

Without restrictions to prevent it, including limits on incomes of eligible workers, legislation to exempt tips from taxes — something both the Democratic and Republican presidential candidates and some congressional lawmakers are proposing — could be gamed by...

Australian Legislators Advance Enactment Of Global Min. Tax

by usoftax_admin | Aug 22, 2024 | Tax News

Australia would enact the Organization for Economic Cooperation and Development’s 15% global corporate minimum tax on large multinational entities, known as Pillar Two, under three bills passed Thursday by the country’s House of Representatives.

Meet The ‘Larger Than Life’ Atty Defending Hunter Biden

by usoftax_admin | Aug 22, 2024 | Tax News

The renowned attorney representing Hunter Biden at his upcoming criminal tax trial is a “larger than life” figure whose ability to connect with a jury, legal acumen and media savvy have made him a go-to lawyer for celebrities and high-profile cases,...

EU Decision Keeps Tax Relief For UK Investment Schemes

by usoftax_admin | Aug 22, 2024 | Tax News

The European Commission will allow U.K. government-backed programs that encourage private investment in small companies to continue offering favorable tax terms for investors, according to a decision published Thursday.

Ryanair Threatens Service Cuts Over German Tax Increase

by usoftax_admin | Aug 22, 2024 | Tax News

Irish discount airline Ryanair said it will cut 10% of its German capacity next summer if the country doesn’t reverse a recent 24% increase in its aviation tax, calling on Germany to ultimately abolish the tax altogether.
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