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Report: Income losses let Manhattan DA candidate avoid taxes

NEW YORK (AP) — Manhattan district attorney candidate Tali Farhadian Weinstein and her husband, a hedge fund manager, paid no federal income taxes in four recent years because they reported negative i...

Editorial Roundup: U.S.

Excerpts from recent editorials in the United States and abroad: June 15 The Guardian on U.S. President Joe Biden, China and Europe: It is 50 year...

MacKenzie Scott, citing wealth gap, donates $2.7 billion

MacKenzie Scott, the billionaire philanthropist known for her unexpected multi-billion dollar donations to charities and racial equity causes, announced Tuesday that she has given $2.7 billion to 286 ...

Taiwan to resume in-person income tax filing on June 15

TAIPEI (Taiwan News) — Despite the current COVID-19 surge, the in-person filing of income taxes will resume on June 15 and conclude at the end of the month, the Ministry of Finance (MOF) said Th...

GOP's Faulconer pitches tax cut plan for California

DOWNEY, Calif. (AP) — Republican candidate for governor Kevin Faulconer wants to eliminate California's state income tax for individuals making up to $50,000 and households up to $100,000 as part of a...

Taiwan pushes back tax deadlines by one month amid COVID outbreaks

TAIPEI (Taiwan News) — In a response to new domestic clusters of COVID-19, the Ministry of Finance (MOF) announced Wednesday (May 12) that it was extending the tax payment period by one month un...

California's governor: Rebates of up to $1,100 per household

SACRAMENTO, Calif. (AP) — Millions of poor and middle-class Californians would get tax rebates of up to $1,100 under a proposal unveiled Monday by Democratic Gov. Gavin Newsom, as part of a broader pa...

Pizza chef Bruno DiFabio gets prison time for tax evasion

BRIDGEPORT, Conn. (AP) — Bruno DiFabio, a celebrity pizza chef who owns restaurants in Connecticut and New York, was sentenced to 30 days in prison Thursday for tax evasion. DiFabio,...

Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the First Quarter of 2021

TAIPEI, May 4, 2021 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the first ...

Taiwan allows tax filing via smartphone for first time

TAIPEI (Taiwan News) — Taxpayers in Taiwan have been given the option to file their taxes via mobile devices for the first time, which is expected to shorten the process to just five minutes. ...

Today in History

Today in History Today is Tuesday, May 4, the 124th day of 2021. There are 241 days left in the year. Today’s Highlight in History: On May 4, 1...

GigaMedia Announces First-Quarter 2021 Financial Results

TAIPEI, May 3, 2021 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its first quarter 2021 unaudited financial results. Comments from Management For the first quarter of 2021, GigaM...

A look at how US corporations manage the tax system

WASHINGTON (AP) — As American corporations have generated an ever-smaller share of federal tax revenue, the burden has fallen more heavily on individuals, through the income tax and the levies that pa...

Biden's corporate tax plan takes aim at income inequality

WASHINGTON (AP) — From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and mostly missed. Now,...

Key piece of Biden's $1.8T families plan expires after 2025

WASHINGTON (AP) — President Joe Biden couldn’t get everything he wanted into his own $1.8 trillion families plan. His proposed child tax credit is set to expire after 2025. It would ...