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House committee to review seven crypto tax bills
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The U.S. House Ways and Means Committee is circulating seven draft bills on crypto tax policy ahead of a hearing scheduled for June 9.
The Mittelstands- und Wirtschaftsunion (MIT) of the CDU has ruled out higher burdens for top earners ahead of coalition talks. The federal government plans to discuss income tax reform next Wednesday.
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Leading U.S. crypto advocacy groups have asked the House Ways and Means Committee to advance the Tax Clarity for Mining and Staking Act without changes. The bill, introduced by Republican Representative Mike Carey, would allow miners and staking reward recipients to defer tax obligations on new digital assets. An industry letter sent Sunday highlighted the need for clearer tax treatment.
President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee. The committee aims to implement the national tax policy effectively. It is chaired by Mr Joseph.
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Menteri Keuangan Scott Bessent menyatakan keyakinan bahwa Amerika Serikat bisa menghindari resesi luas meskipun beberapa bagian ekonomi telah memasuki kontraksi, dengan mengatakan dalam wawancara televisi bahwa ia "sangat, sangat optimis" tentang 2026.
Swedish opposition parties are deeply divided on tax issues ahead of the 2026 election, with a multi-billion kronor gap. The Center Party stands on one side, while the Green Party and Left Party are on the other. Analyses highlight disagreements over both money and ideology.
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France's new Prime Minister Michel Barnier has outlined ambitious plans to reduce the country's budget deficit to 4.7% of GDP by 2026, explicitly ruling out the introduction of a wealth tax. In a recent interview, Barnier emphasized fiscal discipline through spending cuts and efficiency measures, amid ongoing economic pressures and political debates over taxation. This announcement comes as France grapples with high public debt and the need to stabilize its finances in line with European Union guidelines.