To Help Taxpayers, IRS Clarifies Some Common Early Filing Season Myths
With the 2018 filing season in full swing, the Internal Revenue Service offered taxpayers some basic tax and refund tips to clear up some common misbeliefs on Feb 07, 2018.
2017 Trade Deficit Is Up Under President Trump, and That’s OK!
The U.S. Bureau of Economic Analysis (BEA) announced that the U.S. trade deficit for 2017 was $566 billion on Feb 06, 2018. According to the BEA: “For 2017, the goods and services deficit increased $61.2 billion, or 12.1 percent, from 2016.”
IRS Announces 2018 Pension Plan Limitations Not Affected by Tax Cuts and Jobs Act of 2017
The Internal Revenue Service announced that the Tax Cuts and Jobs Act of 2017 does not affect the tax year 2018 dollar limitations for retirement plans announced in IR 2017-177 and detailed in Notice 2017-64 on Feb 06, 2018.
Korea needs to keep increasing aid flows in line with its ambitions
A success story of international development itself, Korea is now a driving force in global aid, focusing on the neediest countries and shaping strategy by sharing its experience and bridging the gap between rich and poor countries. Korea will have...
EU-Norway agreement signed, strengthening the prevention of VAT fraud
It follows the same structure that is currently used for cooperation between the member states and the same instruments, such as electronic platforms and e-forms. Fraud schemes often exploit weaknesses in the way VAT transaction chains are controlled...
Climate: MEPs pass law to cut CO2 emissions and fund low-carbon innovation
A law to strengthen EU curbs on CO2 emissions from industry, so as to begin delivering on Paris climate accord pledges, was passed by Parliament on Tuesday.
OECD annual inflation slows to 2.3% in December 2017
US$300 Million to Improve livelihoods and Create Jobs for 1.5 Million Poor Households in Iraq
A US$300 million World Bank project will improve the living conditions of over 1.5 million poor households in Iraq by increasing access to basic services and creating employment opportunities at the community level. Approved on February 6, by the...
Kazakhstan Launches Online Platform for Monitoring and Reporting Greenhouse Gases
An online platform for monitoring, reporting and verifying emission sources and greenhouse gases (GHG) was officially launched by the Ministry of Energy of the Republic of Kazakhstan and the World Bank, on February 5.
Labor Migration Can Help Boost Afghanistan’s Growth
Afghanistan can boost its growth and create more jThe report Managed Labor Migration in Afghanistan outlines how expanding formal employment abroad for Afghans could, within 15 years, triple the amount of income sent back home in the form of...
