IRS, Partners Across the Nation Mark Today’s EITC Awareness Day; Taxpayers May Qualify for Significant Tax Benefit
The Internal Revenue Service and its partners across the country remind taxpayers about the Earned Income Tax Credit (EITC) on EITC Awareness Day. It marks the 12th year of this awareness campaign to alert millions of low- and moderate-income workers...
Customs law redraft and excessive ministerial powers prompt Institute concern
The Government’s decision to hastily redraft UK Customs law ahead of Brexit will lead to unnecessary uncertainty for business and runs counter to the Government’s stated policy of simply incorporating existing EU law into UK law ahead of our departure...
IRS: Special Rules Help Many with Disabilities Qualify for Earned Income Tax Credit
The Internal Revenue Service wants taxpayers with disabilities and parents of children with disabilities to be aware of the Earned Income Tax Credit (EITC) and correctly claim it if they qualify.
Chinese Company Convicted of Stealing Trade Secrets From US Firm
A federal jury in Wisconsin on Wednesday convicted a Chinese wind turbine company of stealing trade secrets, which nearly destroyed a U.S. manufacturer.
Supporting ageing workforce key to tackling future US economic challenges
Providing American seniors with better work incentives and opportunities will be crucial for the United States to meet the challenges of its rapidly ageing population. By 2028, more than one in five Americans will be aged 65 and over, up from fewer...
Haiti: New WB Report Calls for Strengthening Urban Resilience
A new report on January 23, issued by the World Bank reveals that Haiti is the third most urbanized country in Latin America and the Caribbean, just after Trinidad and Tobago, and Mexico. According to the report, “Haitian Cities: Action for today with...
Taxation: Eight jurisdictions removed from EU list
Eight jurisdictions have been removed from the EU's list of non-cooperative jurisdictions for tax purposes, following commitments made at a high political level to remedy EU concerns.
Macroeconomic Imbalance Procedure: Well-designed but not implemented effectively, say EU Auditors
The European Commission is not implementing the Macroeconomic Imbalance Procedure (MIP) in a way which ensures effective prevention and correction of imbalances, according to a new report from the European Court of Auditors. The auditors conclude that...
IMF Staff Concludes Visit to Latvia
An International Monetary Fund (IMF) staff team led by Ben Kelmanson and Iva Petrova (outgoing and incoming mission chief, respectively) visited Latvia from January 22-28 to review recent macroeconomic developments and start the analytical work ahead...
Germany Contributes EUR 24.6 Million Towards Urban Resilience in Somalia
The German Government announced its commitment of EUR 23.4 million to support infrastructure work in Somalia. Channeled through the World Bank’s Multi Partner Fund (MPF) the contribution will strengthen municipal planning and implementation capacity...
