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EUROPEAN COMMISSION TAX PLANS
How the EU regulates lobbyists after 2022 Qatargate bribery scandalFollowing the 2022 Qatargate bribery scandal, the European Union tightened its lobbying rules in Brussels, where thousands of businesses an...
Brussels looks to capture Big Tech through tax on large corporationsBrussels is considering taxing big US tech companies through a broad levy on large corporations in an effort to raise revenues for the EU w...
US, China, EU: three paths to regulating AIThe United States, China and the European Union are taking different paths to govern artificial intelligence, as calls grow worldwide to re...
Apple's Tim Cook praises EU over efforts to protect children onlineApple executive chairman Tim Cook on Tuesday pledged the US giant would protect children online and praised the EU's efforts to ensure mino...
Fast-track permits turn Spain's Aragon into a $70 billion data centre magnet, but at what cost?Aragon, a sparsely populated region of northeast Spain, has become one of Europe's fastest-growing digital infrastructure hubs due to what ...
EU vows AI rules will protect Europeans. Will they?The EU says its AI Act is strong enough to address risks from advanced AI systems, including loss-of-control incidents, but lawmakers and e...
Trump plans to ease access to tax-free dieselThe oil stockpiles that cushion the world from supply shocks have become "scarily thin," putting markets at risk of worsening unless Hormuz...
Expecting a bonus, stock compensation or property sale in 2026? Check your withholding before a surprise tax bill in 2027A bonus, stock compensation or property sale can change your 2026 tax picture. Here’s what taxpayers should know about withholding, estimat...
Waiting on income? Deferring payments into next year could reduce your 2026 taxable income, but there is a catch you should know firstIf you’re self-employed and expect a lower income next year, delaying eligible payments until January could reduce your current-year taxabl...
Ukraine scrambles for money to fight war as Russian strikes batter economyKryvyi Rih, the hometown of President Volodymyr Zelenskiy, is severely impacted by Russian airstrikes disrupting economic activities. The c...
Sell your stocks too soon and you may pay more: How long you hold an asset changes your 2026 Capital Gains Tax, and timing matters hereThe baseline for tax planning in 2026 relies on shifting retirement contribution limits. The IRS adjusted these thresholds, altering the ca...
Self-employed? An S-Corp election could slash your self-employment taxes in 2026, and here's what smart business owners are doing todayFor self-employed owners, the biggest 2026 tax decision may not be another deduction. It could be how the business is structured. An S-Corp...
US wants European allies to do this 'immediately' to lower diesel pricesThe US has urged European allies to release strategic diesel reserves immediately as global fuel prices surge amid supply disruptions linke...
Piyush Goyal meets EU Trade Commissioner, discusses progress on signing FTAIn a significant meeting, Commerce Minister Piyush Goyal engaged with European Trade Commissioner Maros Sefcovic to review the status of th...
Google asks EU court to suspend order to open up to AI chatbots, search engine rivalsThe company, which on Tuesday took the European Commission to court over the order, said it also applied for an interim measure at the Luxe...
EU should use Google fines to cut member state contributions to budget, France saysThe European Union should use the proceeds of the billions of euros in fines imposed on Google to reduce the contribution of member states ...
EU members approve five big pan-European defence projectsEU members approved five major defence projects which now become eligible for EU funding to enhance security. These projects include a focu...
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
Elon Musk vs EU: What is the X fine case that the Trump administration has joined?The US Justice Department has intervened in Elon Musk’s challenge against a €120 million fine imposed by the EU. The fines originate from a...
European Union vows to defend its stand against X after the US backs a court challenge from Elon MuskThe European Union imposed a significant fine on social media platform X for regulatory violations. Following this, the U.S. government exp...