Keywords: Tax
The Finance, Planning, and Economic Development Committee of the House of Councillors has officially approved the first part of the 2025 Finance Bill. This decision came after a majority vote on Monday, with the proposal passing 12 votes in favor, 2 against, and one abstention. The government responded......
U.S. President-elect Donald Trump has selected billionaire investor and hedge fund manager Scott Bessent to serve as Treasury Secretary, marking a critical appointment in shaping his economic agenda. The announcement comes during a wave of high-profile cabinet nominations following a withdrawal by Trump’s......
In a decisive electoral outcome, Donald Trump has secured his return to the White House, garnering 72,652,827 votes (50.8%) against Kamala Harris's 67,941,881 votes (47.5%). With the Republican Party regaining control of the Senate, Trump is poised to advance his political agenda with considerable......
In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......
A shocking investigation by CBC's The Fifth Estate and Radio-Canada has uncovered a massive breach of taxpayer accounts, with tens of thousands of Canadians' personal data compromised. The Canada Revenue Agency (CRA) has admitted to underreporting cyberattacks against taxpayers, with over 31,000......
Morocco has achieved a remarkable improvement in its global inequality standings, advancing 30 positions to secure the 73rd spot among 164 nations in the 2024 Commitment to Reducing Inequality Index, according to a joint report by Oxfam and Development Finance International (DFI). The North African......
Morocco's parliament is taking bold steps toward modernizing its tax system through a comprehensive Finance Bill that targets consumable goods with significant public health implications. The proposed legislation, discussed in a recent ministerial council session led by King Mohammad VI, aims to......
Morocco is considering the implementation of a tax on real estate wealth as a means to finance its ambitious universal social protection program, according to a recent report by the Arab Reform Initiative. The study, titled "Property Taxes: Missed Opportunities for Funding Universal Social Protection......
In recent years, Dubai has emerged as a beacon for the world's wealthy, attracting a significant influx of high-net-worth individuals and businesses. This surge in popularity, reminiscent of London's Chelsea district in its heyday, has positioned the emirate as a prime destination for global......
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