Showing 1 to 5 of 5 results
Second Circuit Upholds IRS Regulations on SALT Deduction Workarounds
The Second Circuit upheld IRS regulations disallowing state-level SALT deduction workarounds, such as state charitable funds offering tax credits in exchange for payments exceeding the $10,000 federal cap, impacting high-SALT states and reinforcing IRS authority.
Second Circuit Upholds IRS Regulations on SALT Deduction Workarounds
The Second Circuit upheld IRS regulations disallowing state-level SALT deduction workarounds, such as state charitable funds offering tax credits in exchange for payments exceeding the $10,000 federal cap, impacting high-SALT states and reinforcing IRS authority.
Progress
4% Bias Score
China Unveils Tax Credit Policy to Boost Foreign Investment
China launched a new tax credit policy from January 1, 2025, to December 31, 2028, offering a 10 percent tax credit to foreign investors who reinvest their profits in Chinese companies for at least five years, aiming to attract foreign investment and stabilize capital inflows.
China Unveils Tax Credit Policy to Boost Foreign Investment
China launched a new tax credit policy from January 1, 2025, to December 31, 2028, offering a 10 percent tax credit to foreign investors who reinvest their profits in Chinese companies for at least five years, aiming to attract foreign investment and stabilize capital inflows.
Progress
24% Bias Score
Wisconsin Proposes Tax Credit to Attract Workers Displaced by Disasters
Wisconsin Republicans proposed a $10,000 tax credit for people displaced by Hurricane Helene in North Carolina or California wildfires who move to Wisconsin in 2025 to address healthcare worker shortages; the bill's future is uncertain.
Wisconsin Proposes Tax Credit to Attract Workers Displaced by Disasters
Wisconsin Republicans proposed a $10,000 tax credit for people displaced by Hurricane Helene in North Carolina or California wildfires who move to Wisconsin in 2025 to address healthcare worker shortages; the bill's future is uncertain.
Progress
36% Bias Score
China Unveils Tax Credit Policy to Boost Foreign Investment
China launched a new tax credit policy (effective January 1, 2025-December 31, 2028) offering foreign investors a 10 percent credit on reinvested profits kept in China for at least five years, aiming to boost long-term investment amid global uncertainties.
China Unveils Tax Credit Policy to Boost Foreign Investment
China launched a new tax credit policy (effective January 1, 2025-December 31, 2028) offering foreign investors a 10 percent credit on reinvested profits kept in China for at least five years, aiming to boost long-term investment amid global uncertainties.
Progress
36% Bias Score
China Unveils Tax Credit Policy to Boost Foreign Investment
China's new tax credit policy, effective January 1, 2025, offers foreign investors a 10 percent credit on reinvested profits kept in China for at least five years, aiming to boost long-term investment amid global economic uncertainty.
China Unveils Tax Credit Policy to Boost Foreign Investment
China's new tax credit policy, effective January 1, 2025, offers foreign investors a 10 percent credit on reinvested profits kept in China for at least five years, aiming to boost long-term investment amid global economic uncertainty.
Progress
40% Bias Score
Showing 1 to 5 of 5 results