A fuel distribution company has lost its challenge against a tax bill of over €1.3m from Revenue over its failure to keep proper records of sales of large volumes of marked diesel to a customer suspected of involvement in fuel laundering.
The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.
Why do we venerate the hoarding of money? Broadly, we regard hoarding as a bad thing. To call someone a hoarder is to imply psychological disturbance and a living space that needs a good clearout before it gets made into a cheap documentary. Unless you hoard money. Having too much of that is revered.
The lifting of a scare over an unexpected shortfall in corporation tax revenues could pave the way for some sort of giveaway budget even as the gloom over a no-deal Brexit outcome deepens, a leading economist has said.
Finance Minister Paschal Donohoe has only €600m in additional tax cuts and spending increases - which may, at best, only allow him €300m in income tax cuts, the Irish Fiscal Advisory Council (Ifac) has said, in its first major report ahead of October’s budget.
Paschal Donohoe has nothing in his way to set “a generous” tax package in a possible pre-election budget in October despite the finance minister receiving a scare over disappointing corporate tax revenues last month, a leading economist has said.