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KP Budget 2024-25: Tax Farmer Par Nahi, Tobacco Companies Par\ from gnn tax
⏲ 0:56 👁 20K
There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retirement savings contributions.
⏲ 3:0 👁 250K
Lifetime ISAs – also known as LISAs – are a form of ISA. They allow some people to save for a first home or retirement tax-free and with a government bonus. Here’s everything you need to know.
⏲ 2:50 👁 15K
Prime Minister Datuk Seri Anwar Ibrahim has reiterated the government’s commitment towards Islamic finance innovation via partnerships, and announced a commitment of RM100 million to boost more such innovations.<br/><br/>In his keynote address at the Global Forum on Islamic Economics and Finance (GFIEF) on Tuesday (May 28), Anwar, who is also the Finance Minister, announced two new blended finance innovations -- a pilot programme on greening halal businesses, and ‘Project Hassan’ in line with the commitment.<br/><br/>Read more at https://tinyurl.com/4v5u4275<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
⏲ 4:51 👁 10K
G7 opposed to global wealth tax proposals <br/><br/>
⏲ 0:38 👁 10K
Annual tax evasion of 310 billion in the cigarette industry.
⏲ 0:19 👁 10K
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
⏲ 1:29 👁 7.2M
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
⏲ 1:29 👁 5.8M
Your 401(k) can be a bridge from retirement to a higher monthly income.
⏲ 3:33 👁 145K
On Tuesday, the Senate Finance Committee held a hearing to examine “Child Savings Accounts and Other Tax-Advantaged Accounts Benefiting American Children.” <br/><br/>Editor's Note: Date should ready May 21, 2024.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com
⏲ 1:25:20 👁 60K
A stoush between the SA State government and the Royal College of GPs over the tax doctors pay has ended in a deal. There had been a push to charge GPs payroll tax, but today the government announced they won't have to pay the charge on wages earned while bulk billing. But it isn't a complete back-flip – time spent on privately billed consultations will still attract the tax.
⏲ 1:55 👁 1.2M
Conservative thinkers close to Trump have developed an economic populism framework around his message that shifts from traditional GOP positions. It aims to prioritize workers over corporate elites and rejects the Reaganite approach that benefited companies more than laborers. Amid the Trump-era culture wars, neopopulists view corporate CEOs not as allies in the fight against big government but as \
⏲ 0:43 👁 295K
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