Remove law-news tax-law
article thumbnail

Statutory Tax Rate

Wall Street Mojo

What Is The Statutory Tax Rate? The statutory tax rate refers to that rate imposed on an individual’s taxable income falling under a predefined government tax bracket within a tax area. Progressive taxes having tiered statutory rates try to ensure just contribution per income level.

article thumbnail

GST on Online Gaming: A Breakdown

Razorpay

The GST Council’s big revision of tax rates on online fantasy gaming has put the entire industry at risk. This is big news – lakhs of jobs are on the line, and desperate letters are being written to the GST Council and the concerned ministers. But this new law seems to be here to stay. Get a FREE Demo!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NEWS FLASH: President Biden to Seek Substantial Increases to Capital Gains Tax Rates

Sica Fletcher

Multiple news sources reported that President Biden is poised to propose legislation on Wednesday, April 28 to substantially increase capital gains tax rates. As reported in the New York Times, the Plan “will include about $1.5 We warned our clients and readers this was coming. Now it appears imminent. million per person to $3.5

Capital 52
article thumbnail

NEWS FLASH: House Ways and Means Committee Releases Proposed Changes to Capital Gains Tax Rates

Sica Fletcher

Back in the spring, we published a news flash describing the potential tax increases that the Biden Administration had proposed in order to fund its economic and social platform. The result would have been a whopping increase in the capital gains tax rate from 20% to 39.6%. trillion social and economic program.

Capital 52
article thumbnail

Recap: 2023 Midwest M&A/Private Equity Forum

Focus Investment Banking

Hot button topics of diversity, equity, and inclusion (DEI) and environment, social, and corporate governance (ESG) were also discussed, and while these topics are in the news right now, the recent Supreme Court ruling that invalidated affirmative action programs will likely have a cooling effect on DEI and ESG initiatives.

article thumbnail

Vista Seeks to Acquire Pluralsight (PS), Akaris Seeks to Block the Deal

Transactional Delights

Disclaimers: [link] With the news that Akaris Global Partners (a shareholder of Pluralsight) is seeking to vote against the sale of Pluralsight to Vista, I decided to take a look at some of the material terms and circumstances of the merger agreement and assess Akaris’ chances. Governing Law : Delaware. TRA : Tax Receivable Agreement.

article thumbnail

How Do Exchange Rates Work? All About Forex & More

Razorpay

Swiss banks are known for secrecy laws and wealth management expertise, meaning the richest people in the world flock to Switzerland to store their money. With RazorpayX Current Account, you get: Easy credit: Guaranteed collateral free Credit Cards Powerful automation: Taxes, Vendor Payments, Payroll and more.

Trading 52