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Keywords: Tax


Sharp drop in fuel prices following State council’s suspension of fuel tax

Fuel prices in Lebanon saw a significant decline on Friday, July 18, 2025, after the Lebanese State Council suspended a controversial fuel tax increase approved earlier this year by the government of Prime Minister Nawaf Salam. The decision led to a decrease of approximately 100,000 Lebanese pounds......

Morocco sees record tax revenue growth thanks to ongoing fiscal reforms

 Morocco’s tax revenues surged by 25.1 billion dirhams by the end of June 2025, marking a 16.6% increase compared to the same period in 2024. The announcement was made by Fouzi Lekjaa, Minister Delegate in charge of the Budget, during a parliamentary session on Monday. The minister attributed......

Key tax reforms for Valencia region residents in 2025

Residents of Valencia, Alicante, and the rest of La Comunitat Valenciana will see significant tax reforms in 2025, impacting wealth tax, inheritance and gift tax, property transfer tax, and personal income tax. These changes, introduced by the right-wing coalition of PP and Vox, aim to bring financial......

Trump solidifies GOP control with controversial budget bill

The passage of the "Big Beautiful Bill" on Thursday cemented former President Donald Trump's dominance over the Republican Party. Despite internal dissent, Trump managed to rally his party behind the sweeping legislation, which is projected to add trillions to the national debt while implementing......

Proposed budget cuts could overwhelm ERs and disrupt health care systems

A quiet but impactful policy change within the "One Big Beautiful Bill Act" threatens to upend the U.S. health care system, potentially leaving emergency rooms (ERs) overwhelmed and nursing homes shuttered. The legislation, passed by Congressional Republicans, reduces the nationwide provider......

House Republicans push Trump’s ‘big beautiful bill’ through despite internal divisions

House Speaker Mike Johnson faced significant challenges rallying Republican lawmakers to pass President Donald Trump’s signature “One Big Beautiful Bill Act,” a sweeping tax and spending package that narrowly cleared a procedural hurdle in the early hours of Thursday morning. The legislation,......

Hakim Ziyech Faces $720,000 Tax Dispute in Turkey as Galatasaray Takes Responsibility

Moroccan footballer Hakim Ziyech is embroiled in a financial controversy in Turkey, with Turkish authorities revealing an unpaid tax debt of approximately $720,000. The issue stems from Ziyech’s tenure with Istanbul-based football club Galatasaray, which he left during the 2023–2024 winter......

Senate debates Trump’s expansive tax and spending bill

The United States Senate has launched an intensive debate over President Donald Trump's 940-page economic proposal, dubbed the “Big, Beautiful Bill.” The legislation offers significant tax cuts and deep reductions in healthcare and food assistance programs, prompting heated discussions......

Canada Drops Digital Tax to Restart Trade Talks With Trump

Canada has decided to withdraw its digital services tax in an effort to revive trade negotiations with the United States, following a halt initiated by President Donald Trump in response to the proposed levy. Prime Minister Mark Carney announced on Sunday that he and Trump have reached an agreement......

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