Taxes
French government unveils 2026 budget with tax hikes and spending cuts
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On October 14, 2025, Prime Minister Sébastien Lecornu presented the 2026 finance bill, aiming to cut the public deficit to 4.7% of GDP through €14 billion in extra tax revenues and €17 billion in spending savings. The budget targets high earners, businesses, and social expenditures, while drawing criticism over its feasibility.
Miljöpartiet congress in västerås debates taxes and term limits
Miljöpartiet's congress in Västerås has begun with debates on new taxes and changes to term limit rules. Grön ungdom proposes three new taxes to counter inequality, while the party board seeks to extend terms for experienced members. The congress gathers around 800 participants ahead of the 2026 election.
Tax reforms not impacting Colombia's government revenue
Despite multiple tax reforms, Colombia's government revenue remains between 14.4% and 16.6% of GDP through 2026, according to an analysis by the Universidad Javeriana's Fiscal Observatory. The study highlights a projection shortfall exceeding that of countries like Chile, with overestimation above 4% of GDP. A deficit of up to 8 trillion pesos is forecasted for 2025.
Government rejects socialists' Zucman tax proposal
2025년 10월 23일 16시 06분Democratic mayor's tax increases contradict no-new-taxes claim
2025년 10월 23일 12시 28분Opposition backs delay of property revaluation in public sector bill
2025년 10월 05일 00시 16분American professional seeks digital nomad path abroad
2025년 10월 04일 00시 20분IRS claims $14,000 owed for unreported Social Security income
2025년 09월 29일 01시 11분55-year-old faces tax issues with unfiled returns and crypto holdings
Intense debates begin on France's 2026 budget in parliament
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Debates on France's 2026 budget project promise to be fierce in the National Assembly, with over 1,700 amendments filed for the revenues section. Budget rapporteur Philippe Juvin sharply criticizes the planned tax increases and calls for cuts in public spending. The finance committee review begins on Monday, October 20, in a tight schedule.
IRS taxes forgiven truck loan as income
A man's brother-in-law had a $19,000 truck loan written off after job loss, but the IRS treated the forgiven amount as taxable income, resulting in a $3,300 tax bill. The family views this as unfair, prompting questions about debt forgiveness rules. Financial experts explain the IRS policy and potential exceptions.
French assembly debates 2026 budget amid fiscal tensions
The French National Assembly continues debates on the 2026 finance bill, slowed by numerous amendments and divisions over tax increases. A poll shows 64% of French people expect the budget's rejection, fearing government censure more than the president's resignation. Sébastien Lecornu's government sticks to not using Article 49.3, leaving it two months to secure a majority.