Brazil’s Real Rises Following Tax Reform
Brazil's real surged on Friday after the country's newly-introduced tax reform bill was passed by the lower house of parliament on Friday. The currency was also boosted by a weakening dollar following the latest U.S. jobs report.
The real advanced by 1.1%, thereby driving a...
IRS to Hire 30,000 Staff as Additional Funding Deployed
The U.S. Internal Revenue Service is set to hire 30,000 new staff members over the next two years as it deploys a new $80 billion investment plan that is aimed at improving both tax enforcement and customer service, the tax agency confirmed on Thursday.
Called...
Sterling Weakens Ahead of British Tax Cuts
The British pound fell by 0.6% to $1.1170 on Friday; its lowest level against the US dollar since 1985. The currency remained stable against the euro at 87.40 pence per euro. This comes ahead of an expected announcement of a decline in British tax...
Mark Cuban Expresses Passionate Opinion on Tax Law
When it comes to controversial topics in the U.S. economy, it's hard to find one that's more touchy to the country's citizens than that taxes. People who are already on edge become even more so when it comes to taxes, especially when their very...