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Trump, local tax deduction
Trump vows to "get SALT back," signaling reversal of tax law he signed
Former President Trump vowed Tuesday to "get SALT back" if re-elected in November. Why it matters: Trump's pledge on Truth Social suggests he plans to roll back a key piece of legislation that he signed into law as part of a 2017 tax package that lowered corporate rates.
Trump calls for undoing part of his own tax law, vowing to 'get SALT back'
Donald Trump called for rolling back part of his signature tax law Tuesday, suggesting he would seek to reinstate the state and local tax deduction or SALT.
Trump, who signed bill to cap SALT tax deduction, now says he'd lift it if elected
Trump as president signed a bill that caps the federal income tax deduction for state and local property taxes at $10,000.
12d
IRS collects over $1 billion in back taxes from wealthy dodgers
Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel revealed the total amount Friday during a visit to an IRS ...
3d
BIAC Tax Chair Reflects On International Business Tax Landscape
In this episode of Tax Notes Talk, Alan McLean, chair of the tax committee at Business at OECD, discusses the developments in ...
9d
Apple Loses Final Appeal to Avoid Paying $14 Billion in Back Taxes
In a dispute with the European Union ( EU ), Apple lost its last appeal on Tuesday in the EU's top court to avoid paying ...
ABC 13 Houston on MSN
15h
Harris County passes 2025 budget, includes property tax increase from 3.5% to 8%
Harris County Commissioners passed a $2.67 billion budget for Fiscal Year 2025, which has generated heated and emotional ...
10d
EU’s top court dismisses Apple’s final appeal against order to pay Ireland 13B euros in back taxes
The European Union’s top court has rejected Apple’s final legal challenge against an order from the bloc’s executive ...
1d
on MSN
Metro Council approves rolled back millages following tax assessment
Despite rising property values, the East Baton Rouge Metro Council voted to keep the status quo on several millages ...
1d
on MSN
Donald Trump’s Latest Tax Pander Flops In Congress
Democrats and Republicans alike panned Trump’s proposal to bring back a controversial deduction for state and local taxes.
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