Tax
Billionaire tax proposal faces hurdles as it moves closer to November ballot
A contentious proposal to tax California billionaires to alleviate federal healthcare cuts moved closer to landing on the November ballot this week, but efforts to defeat the measure before...
Another billionaire confirms California exit: Uber co-founder Kalanick
Uber co-founder Travis Kalanick said he moved to Texas in December, adding to the list of billionaires who have left California ahead of a proposed wealth tax. In an...
Bernie Sanders kicks off billionaires tax campaign with choice words for the ‘oligarchs’
Populist Sen. Bernie Sanders on Wednesday formally kicked off the campaign to place a billionaires tax on the November ballot, framing the proposal as something larger than a debate...
Tax transparency and trust in the business ecosystem
Transparency has evolved into a defining pillar of good governance and public accountabilityMULTINATIONAL corporations worldwide are navigating a profound shift, compelled by new rules to disclose more about their...
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires. The...
Proactive tax strategy in a shifting global landscape
As OECD rules redefine the game, Singapore’s tax and business leaders are pivoting from compliance to strategic foresightTHE global tax landscape is undergoing its most significant transformation in a...
CNMC Goldmine shares fall 7.3% on extra tax, penalty in Malaysia
A Malaysian unit of CNMC Goldmine is facing additional income tax and a penalty worth RM29.6 million[SINGAPORE] Shares of Catalist-listed CNMC Goldmine fell as much as 7.3 per cent...
Explaining California’s billionaire tax: The proposals, the backlash and the exodus