Taxes

Virginia Democratic lawmakers in the State Capitol proposing tax bills that could raise the top rate to 13.8%, higher than California's, amid an 'Affordable Virginia' agenda.

Virginia Democrats float tax bills that could lift the top combined rate to about 13.8%

24 जनवरी 2026 AI द्वारा रिपोर्ट किया गया AI द्वारा उत्पन्न छवि तथ्य-जाँच किया गया

Virginia Democrats have introduced legislation that would add new top income-tax brackets and impose an additional tax on certain investment income, changes that supporters and critics say could push the state’s top combined rate to roughly 13.8%—potentially higher than California’s. The proposals arrive as Democrats hold majorities in both legislative chambers and as newly inaugurated Gov. Abigail Spanberger emphasizes an “Affordable Virginia” agenda focused on lowering household costs.

Coalition plans: Tobacco tax hike could bring in billions

Coalition politicians in Germany are calling for a two-euro increase in tobacco tax per pack to reduce consumption and generate billions in revenue. The extra funds would be used to lower VAT on medicines. Compared to countries like the UK and Australia, Germany has been lenient with the cigarette industry so far.

Grupo Salinas settles tax disputes with SAT

29 जनवरी 2026 AI द्वारा रिपोर्ट किया गया

Grupo Salinas, led by Ricardo Salinas Pliego, has ended its nearly 20-year tax litigations with the Mexican government by agreeing to pay 32.132 billion pesos to the SAT. Of this amount, 10.4 billion has already been deposited, with the remainder to be covered in 18 monthly installments. The company stresses its historical compliance with taxes, despite disagreements over the applied criteria.

America

Cali mayor's office announces 15% discount on 2026 property tax

America

SAT detects fraudulent invoices in 2026 tax refunds

राजनीति

Government starts actions against governors for ignoring economic emergency

Government defends alcohol and tobacco tax hike amid governors' opposition

Colombia's Health Ministry backs the VAT increase on alcohol and tobacco from 5% to 19%, arguing it will protect public health by curbing consumption and related deaths. However, up to 20 governors oppose it, claiming the measure violates territorial autonomy and cuts revenues for health and education. The government has called a meeting for January 19, 2026, in Bogotá to clarify Decree 1474 of 2025.

ETA chief praises Distinguished Tax Service Centres as key part of second facilitations package

15 जनवरी 2026 AI द्वारा रिपोर्ट किया गया

Rasha Abdel Aal, head of the Egyptian Tax Authority, highlighted the Distinguished Tax Service Centres—part of the second tax facilitations package launched in December 2025—as a strategic initiative to enhance Egypt's investment climate and modernize government services.

ETA outlines updates to second tax facilitations package at conference

At a conference organized by the Egyptian Tax Association, Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), detailed further aspects of the second tax facilitations package—launched on December 23 following Finance Minister Ahmed Kouchouk's announcement—emphasizing company liquidation solutions, investor simplifications, and new consultation tools to build on initial successes.

Egyptian tax authority begins receiving 2025 tax returns with expanded support

03 जनवरी 2026 AI द्वारा रिपोर्ट किया गया

Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), announced the start of receiving electronic tax returns for the 2025 tax year from January 1, 2026, in line with directives from Finance Minister Ahmed Kouchouk. The initiative seeks to simplify procedures for taxpayers and encourage voluntary compliance through integrated technical support.

28 जनवरी 2026 04:49