FCT-IRS warns against missing March 31 tax deadline
The Federal Capital Territory Internal Revenue Service has called on residents to file their personal income tax returns before the March 31, 2026 deadline.
The World Bank warns about the shortage of qualified officials in low-income countries
The World Bank emphasizes the lack of trained officials in low-income countries and suggests reforms to professionalize public jobs for improved governance.
Government's Stock Market Stimulus Policy Likely to Deepen Labor-Capital Polarization
Recent analysis indicates that the Korean government's policies aimed at boosting stock prices may exacerbate the polarization between labor income and capital income.
Capital Devours Labor: How the Structure of Wealth Has Changed in America?
The article discusses the increasing share of economic fruits in the U.S. going to capital instead of labor, highlighting a structural shift in wealth distribution that has worsened since the pandemic.
SAT offers preferential rate of 15% to encourage the return of capital
The Mexican tax authority SAT is providing a preferential tax rate of 15% on income tax for individuals and entities repatriating funds while proving their legal origin.
Cuba sells gasoline in dollars: 'Price exceeds more than double the minimum wage in Havana', they accuse
In the midst of a severe fuel crisis in Cuba, all gas stations in Havana have started selling gasoline exclusively in US dollars, a measure residents and drivers deem unsustainable as it far exceeds the average income of workers in the Cuban capital.
Capital gains tax discount to cost Australia $250bn over next decade with retirees and high-income earners to benefit most
Australia's capital gains tax discount is projected to cost nearly $250 billion over the next decade, primarily benefiting retirees and high-income earners, amidst discussions of potential reductions to assist first home buyers.
What does a progressive government do by subsidizing capital income?
The article discusses the recent leftist debates questioning Spanish Prime Minister Pedro Sánchez's leadership amid calls for changes in progressive policies.
We pay higher taxes, have fewer children, but invest more
The article discusses recent trends in capital gains reporting among Poles, the decrease in child tax credit claimants, income source taxation differences, and changes in effective tax rates in recent years.