Trump sues his niece Mary and NYT over ‘insidious plot’ to get his tax records

Donald Trump on Tuesday sued his niece Mary and The New York Times over their reporting on his tax affairs, accusing them of ‘an insidious plot’ to obtain confidential records, and is seeking an excess of $100 million in damages.  The former president filed his case against Mary, the paper and three of its reporters. … Read more

New ‘polluter pays’ tax on high-rises will fund repair of fire safety defects in wake of Grenfell

New ‘polluter pays’ tax on high-rise developments will fund repair of fire safety defects – including unsafe cladding – in the wake of Grenfell Housing Secretary Robert Jenrick will reveal details of a ‘polluter pays’ tax  Sources said the move would protect leaseholders and taxpayers from the cost More than a million private flats are … Read more

‘Historic’ deal to reform international tax backed by G20

World’s biggest economies back ‘historic’ agreement to reform international tax – piling pressure on smaller countries to sign up By Daily Mail City & Finance Reporter Published: 21:50 BST, 11 July 2021 | Updated: 21:50 BST, 11 July 2021 The world’s biggest economies have backed the ‘historic’ agreement to reform international tax – piling pressure … Read more

Offshore tax fears over deal for Morrisons

Experts fear a takeover of Morrisons could see the supermarket giant shift offshore for tax reasons By Francesca Washtell For The Daily Mail Published: 21:50 BST, 27 June 2021 | Updated: 21:50 BST, 27 June 2021 A takeover of Morrisons could see the supermarket giant shift offshore for tax reasons, experts fear.  The grocer is … Read more

Courtney Love allegedly owes more than $357K in taxes, according to California tax officials

Courtney Love allegedly owes more than $357K in taxes, according to California tax officials By Dailymail.com Reporter Published: 01:47 BST, 25 June 2021 | Updated: 01:49 BST, 25 June 2021 Courtney Love owes more $357,260.94 in back taxes, according to The State of California Franchise Tax Board. The singer-songwriter, 56, was one of the celebs … Read more

ALEX BRUMMER: US hurdle to G7 targets on tax and climate change

Hopes of a giant step forward on climate change at the Cornwall G7 proved optimistic. US politics has a nasty habit of getting in the way, as it has over setting a new global minimum tax of 15 per cent. Among specific proposals to cut collective carbon emissions in half by 2030 was a pledge … Read more

Rishi Sunak ‘wants City of London to be excluded from G7 tax crackdown’

Rishi Sunak ‘is pushing for the City of London to be excluded from new global tax crackdown’ despite leading G7 efforts to make big firms pay more G7 finance ministers agreed plan last weekend to introduce global tax changes Plan designed to make big firms pay their fair share of tax where they operate  But … Read more

Rishi Sunak ‘wants City of London to be excluded from G7 tax plan’

Rishi Sunak ‘pushing for the City of London to be excluded from new global tax crackdown’ despite leading G7 efforts to make big firms pay more G7 finance ministers agreed plan last weekend to introduce global tax changes Plan designed to make big firms pay their fair share of tax where they operate  But Rishi … Read more

Hit by the savings tax trap: Double whammy of low rates and HMRC delay

More than 700,000 savers could be paying too much tax after interest rates plunged to record lows. It is yet another blow for beleaguered savers already struggling to earn an income from their nest eggs.  And long delays at HM Revenue & Customs (HMRC) means anyone attempting to correct their tax code and claw back … Read more

Elon Musk and Jeff Bezos paid zero income tax some years, IRS records show

REVEALED: Billionaires Elon Musk and Jeff Bezos paid ZERO federal income tax some years, according to secret trove of IRS records from America’s 25 richest people The IRS records from the 25 wealthiest people in the United States were obtained by ProPublica and published on Tuesday  The records show that Amazon founder Jeff Bezos paid … Read more