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Keywords: Tax
US President Donald Trump has raised alarms about a potential 68% tax increase if Congress fails to approve his comprehensive tax and spending proposal, the "One Big Beautiful Bill Act." In statements made on June 5 and throughout May, Trump emphasized the urgency of passing the bill. However,......
Billionaire Elon Musk has publicly admitted to regretting some of his recent posts about former US President Donald Trump, which escalated tensions between the two high-profile figures. Speaking on his social media platform, X, Musk said, “I regret some of my posts about President Donald Trump......
US President Donald Trump has issued a stern warning to billionaire Elon Musk, cautioning him against supporting the Democratic Party. In an interview with NBC News, set to air on Sunday, Trump stated, “If he does that, he will pay the price.” The statement marks a sharp escalation in the......
Recent developments in Spain have sparked concern among potential foreign property buyers as the government advances plans to impose a staggering 100 percent tax on certain overseas home purchases. This proposal, aimed at addressing the nation’s escalating housing crisis, raises critical questions......
The nonpartisan Congressional Budget Office (CBO) revised its forecast on Wednesday, lowering the expected cost of President Donald Trump’s tax-cut and spending legislation. The updated projection estimates the plan will increase the national debt by approximately $2.4 trillion, down from a previous......
Since The Local Spain reported the Spanish government’s intention to impose a 100 percent tax on property purchases by non-EU non-residents, questions have arisen regarding the specifics of this tax. This draft bill, introduced by the Socialist government of Pedro Sánchez, aims to address......
Foreign residents in Spain must navigate visa conditions, residency renewals, tax obligations, and social security registration. This guide outlines essential responsibilities to ensure legal compliance. Renewing residency permits Non-EU citizens residing in Spain must renew their residency permits......
Following Spain's announcement of a proposed 100 percent tax on property purchases by non-EU non-residents, legal and real estate experts are raising significant concerns regarding its viability and legality. The initiative, spearheaded by the Socialist-led government, aims to curb foreign speculation......
A draft law proposing a 100 percent tax on non-EU, non-resident home buyers in Spain has sparked significant controversy and confusion. This initiative, introduced by Spanish Prime Minister Pedro Sánchez, aims to curb what he describes as "foreign speculation" in the property market.......