Tag Archives: law

These 23 Companies Got $50 Billion in Tax Breaks Due to a Trump Tax Law – ITEP

These 23 Companies Got $50 Billion in Tax Breaks Due to a Trump Tax Law – ITEP

The government spending bill that was just passed through the Senate and awaits approval from Congress is estimated to total nearly $1.7 trillion. While it will fund a variety of initiatives like aid to Ukraine and enhanced retirement savings, it will not extend “accelerated depreciation” tax breaks, which were initiated during the Trump administration and seen by many as corporate tax cuts. Read more. Source link

Read More »

Wells Fargo to pay $3.7B over consumer law violations

Wells Fargo to pay $3.7B over consumer law violations

WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applying overdraft fees against savings and checking accounts. Wells was ordered to repay $2 billion to consumers by the Consumer Financial Protection Bureau, which also enacted a $1.7 billion penalty against the San Francisco bank Tuesday. It’s the largest fine ever leveled… Source link

Read More »

‘Law & Order’ Selfie of Mariska Hargitay and Christopher Meloni Will Make Your Heart Skip a Beat

‘Law & Order’ Selfie of Mariska Hargitay and Christopher Meloni Will Make Your Heart Skip a Beat

Fans are loving this selfie of the two costars. Mariska Hargitay and Christopher Meloni are giving fans what they want!  The Law & Order Twitter account has delivered a brand new selfie between the two costars, and fans are absolutely loving it. The snap features Meloni, 61, and Hargitay, 58, as they smiled at the camera. The two appear to be in the middle of filming Law & Order where they star as Elliot Stabler and Olivia Benson. Meloni donned a dark grey button-up shirt as his costar opted… Source link

Read More »

New Zealand plans law to require Facebook, Google to pay for news

New Zealand plans law to require Facebook, Google to pay for news

WELLINGTON, Dec 5 (Reuters) – The New Zealand government said it will introduce a law that will require big online digital companies such as Alphabet Inc’s (GOOGL.O) Google and Meta Platforms Inc (META.O) to pay New Zealand media companies for the local news content that appears on their feeds. Minister of Broadcasting Willie Jackson said in a statement on Sunday that the legislation will be modelled on similar laws in Australia and Canada and he hoped it would act as an incentive for the… Source link

Read More »

Australia says law making Google pay for news a ‘success’ | Social Media

Australia says law making Google pay for news a ‘success’ | Social Media

Treasury report says media outlets have signed more than 30 deals compensating them for news shared on platforms. Australia’s world-first law forcing Big Tech to pay for news has been a success and Canberra should consider extending it to social media platforms such as TikTok and Twitter, a government report has found. Canberra passed landmark legislation last year that obligates Google and Facebook to strike deals compensating media outlets for news content on their platforms or allow a… Source link

Read More »

Australia says law making Facebook and Google pay for news has worked

Australia says law making Facebook and Google pay for news has worked

SYDNEY, Dec 2 (Reuters) – An Australian law giving the government power to make internet giants Facebook owner Meta Platforms (META.O) and Alphabet Inc’s (GOOGL.O) Google negotiate content supply deals with media outlets has largely worked, a government report said. But the law, which took effect in March 2021 after talks with the big tech firms led to a brief shutdown of Facebook news feeds in the country, may need to be extended to other online platforms, the review said. Since the News… Source link

Read More »

Exclusive: Scores of Google rivals want EU tech law used in antitrust case

Exclusive: Scores of Google rivals want EU tech law used in antitrust case

BRUSSELS, Oct 17 (Reuters) – More than 40 European rivals to Google’s shopping service urged EU antitrust regulators on Monday to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search page. The European Commission fined Google 2.4 billion euros ($2.33 billion) five years ago and told the firm to stop favouring its shopping service. The company subsequently said it would treat its own shopping service the same as… Source link

Read More »

At a glance: tax law enforcement in Austria & More Latest News Here

At a glance: tax law enforcement in Austria & More Latest News Here

Enforcement Verification of compliance with tax laws How does the tax authority verify compliance with the tax laws? Does this vary for different taxpayers or taxes? Tax returns are usually subject to a plausibility check before a tax assessment is filed. A review is normally only undertaken if certain aspects of the tax return are unclear to the tax office. It is also possible that a certain number of tax returns are randomly chosen for a comprehensive review. The duration of a review… Source link

Read More »

2 former Tesla employees have filed a lawsuit against the company claiming its mass layoffs violated federal law

2 former Tesla employees have filed a lawsuit against the company claiming its mass layoffs violated federal law

Tesla CEO Elon Musk.Maja Hitij/Getty Images Two former Tesla employees have filed a lawsuit against Tesla, claiming its mass layoffs violated federal law. In early June, CEO Elon Musk said Tesla needed to cut 10% of its staff, per Reuters. The two former employees are looking to claim 60 days’ worth of pay and benefits. In a lawsuit filed Sunday, two former Tesla employees claim the electric carmaker violated federal law by laying off hundreds of employees on short notice. On June 2, Tesla CEO… Source link

Read More »