Blog Articles

Introduction Filing income tax returns is a requirement imposed by the United States government on most citizens and residents. It is an annual process that helps individuals report their income, claim deductions and credits, and determine their tax liability. The...

The European Union's Pursuit of a New Wealth Tax for Revenue Generation The European Union (EU) is considering the implementation of a new wealth tax as a means to increase its revenue from internal sources. This tax would contribute to funding the EU budget and...

Under the Trump administration, a series of tariffs were imposed, resulting in an $80 billion tax increase on imports valued at $380 billion (based on 2018 figures). These tariffs affected various products, including those from China, such as steel, aluminum, washing...

Introduction In an effort to strengthen the European Union's budget as it tackles its debt, the EU Commission's has put forward a new source of revenue known as a "temporary statistical own resource based on company profits." While previous proposals for new EU own...