taxes
Ahead of June's vote, Euronews asks MEP candidates and EU citizens to say what their priorities would be if elected to the European Parliament. Stay tuned as Euronews will publish more statements every day. Watch the video above to find out more.
Euronews (English)
Ahead of European elections in June, Euronews asked voters to name one proposal they would implement if elected to the European Parliament, and questioned candidates about their pledges. Watch the video above to find out more.
Euronews (English)
"Nothing is certain except death and taxes," American statesman Benjamin Franklin told scientist Jean-Baptiste Le Roy back in 1789. While both dying and filling the state coffers are, to varying extents, pretty unavoidable, a "tax on death" is much less of a foregone conclusion. Inheritance tax is considered to be the first modern tax to have spread widely. By the early 20th century, more than 60 countries had introduced it, generally to raise cash for wars or to weather lengthy recessions. Inheritance tax was once out of favourTowards the end of the century, the levy had fallen out of favour....
Euronews (English)
Washington (AFP) - US President Joe Biden and First Lady Jill Biden publicly released their 2023 tax return on Monday, carrying on a tradition of transparency temporarily interrupted under predecessor Donald Trump. The annual, unwritten custom is designed to build trust in the White House. Other politicians as well as candidates often also take part. The Bidens earned $619,976 in 2023, most of which was derived from the president's $400,000 salary and Jill Biden's $85,985 compensation for her teaching job at a college in nearby Virginia. That number was up from the $579,514 the couple earned i...
AFP
Charities Avaaz, WeMove and Oxfam were joined by several young activists to highlight wealth inequality outside the European Parliament in Brussels. Protesters used an inflatable jet in order to draw attention to the lavish lifestyles of the super-rich. According to a report from Oxfam published in April this year, EU governments are losing out on €286.5 billion in revenue annually due to their failure to adequately tax the rich. The amount equals out to roughly €33 million per hour. Julian Desiderio, a policy advisor on tax and inequality at Oxfam Belgium told Euronews, "If we are able to hav...
Euronews (English)
Taxes. Even the most organized of individuals feel shivers when they hear the word. However, if you have the proper knowledge and guidance, you can navigate the complexities of tax planning smoothly and effectively. This blog post reviews the top 15 books on tax planning to help you optimize your tax situation, minimize your tax burden, and achieve your financial goals. There’s a book for everyone on this list, whether you’re an expert in tax planning or just getting started. 1. “Tax-Free Wealth” by Tom WheelwrightAn expert in tax law and tax planning, Wheelwright provides a comprehensive guid...
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The cost of living crisis currently sweeping across Europe is affecting most people in one way or another - but single people are potentially being hit the worst. Being single can be great for you, however, it could also come with a steep price tag. According to finance and insurance company Ocean Finance, UK singletons pay about £3,195.24 (€3,739.8) every year, on things such as rents, mortgages, utilities and more. UK and European single people have, over the past few years, been hit with disproportionately increasing costs compared to couples or families. This has led to the rise of a coine...
Euronews (English)
Washington (AFP) - President Joe Biden's silence spoke volumes on Friday after his son Hunter's legal woes deepened with lurid allegations that he avoided paying taxes while spending millions on drugs and escorts. The 81-year-old president has long defended Hunter, even though the second set of federal charges against his troubled son are a fresh embarrassment ahead of an uphill battle to be reelected in 2024. As Hunter Biden, 53, said in an interview released Friday that Republicans were trying to "kill me" to destroy the Democrat's presidency, the elder Biden's approach was to stonewall ques...
AFP
Washington (AFP) - US President Joe Biden kept silent Friday over new charges accusing his troubled son Hunter of avoiding tax while spending millions on an "extravagant lifestyle" including drugs and escorts. Wearing sunglasses and a dark suit, the president waved to reporters but made no comment when asked if he believed his son was innocent, as he left the White House to board his Marine One helicopter for a trip to Nevada and California. The Democrat leader, who is seeking reelection next year, will unveil major rail investments including the United States' first high-speed train, between ...
AFP
Los Angeles (AFP) - Hunter Biden was indicted late Thursday on multiple counts of tax evasion, the second time this year President Joe Biden's troubled son has been charged by a special counsel investigating his personal and business dealings. Hunter Biden "engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019," special counsel David Weiss said in the 56-page indictment filed in US district court in California. Biden was charged with nine counts of failing to file and pay taxes, tax evasion and filing false tax ret...
AFP
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