As part of an overhaul of its taxation regime, Austria will implement a carbon levy of 30 euros per tonne said government officials while adding, the move is aimed at rewarding behaviour that helps protect the environment while cutting corporate… Read More ›
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Virtual tipping jars spreads warmth in the midst of Wuhan coronavirus shutting down U.S. restaurants and bars
With restaurants and bars shutting down across the United States to stop the Wuhan coronavirus shutting from increasing its footprint in the country, America’s service culture is moving online. Consumers who frequent their favorite restaurants and bars can now tip… Read More ›
U.S. response to coronavirus – payroll tax cuts, extension of tax deadline on the table: U.S. Senate Finance Committee Chairman Chuck Grassley
With WHO finally classifying China’s coronavirus as pandemic, U.S. Senate Finance Committee Chairman Chuck Grassley stated, a payroll tax cut was among the options being tabled to offset the economic impact of the coronavirus. “If you’re going to negotiate in… Read More ›
U.S. Congress approves 2.3% tax on U.S. medical devices
As per lobby groups from medical device makers, the re-imposition of the levy stiffles will once again stifle growth in the sector and slash jobs. Despite opposition from the medical manufacturing industry and a section of U.S. lawmakers, the U.S…. Read More ›
Starbucks to hire 10K refugees from 75 countries spread across 5 years
Initially, those who have acted as support staff for U.S. troops stationed abroad are likely to be recruited. Two days after U.S. President Donald Trump issued his executives order which banned refugees from certain countries, Starbucks Corp’s CEO, Howard Schultz… Read More ›