The Michigan City Common Council voted unanimously on Tuesday to impose a wheel tax and vehicle excise tax on the city's motorists, a move aimed at helping shore up the city's finances amid a bevy of ...
In many parts of the world, sugary drinks are getting cheaper in real terms. The World Health Organization (WHO) says that ...
The additional tax will be imposed on top of the existing 10% retail tax and 6% sales tax, bringing the total tax rate to 40%. The measure is expected to generate over $400 million per year to fund ...
Starting 1 January 2026, the UAE will implement a new mechanism for calculating Excise Tax on sweetened drinks under a tiered-volumetric model, linking tax per litre directly to sugar and sweetener ...
The Treasury and the Internal Revenue Service say guidance is forthcoming on a new method for recovering federal excise tax paid on dyed fuel established under the One Big Beautiful Bill Act.
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UAE tax rules change from January 1, 2026: From penalties to filings, four key amendments residents must know
The United Arab Emirates (UAE) operates under a federal taxation framework, where a value added tax (VAT) at a standard rate of 5% is imposed on the supply of goods and services, with certain ...
The UAE Ministry of Finance has announced the issuance of Cabinet Resolution No. (198) of 2025, amending provisions of Cabinet Resolution No. (37) of 2017 on the Executive Regulation of Federal Decree ...
The Ministry of Finance of the UAE released a new framework that reshapes how sweetened beverages are taxed in the UAE. Through Cabinet Decision No. 197 of 2025, authorities have confirmed that a ...
Florida has the most regressive tax system in the nation, with the lowest-income residents paying a much higher effective tax rate than the wealthiest. Eliminating property taxes could lead to higher ...
UK budget did "no favors" to stop UK wealth migration, Ronald Graham, managing partner at Taylor Wessing’s Dubai office told CNBC’s Dan Murphy at Abu Dhabi Finance Week. Graham is an international ...
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