Some rich people say Democratic lawmakers in Washington state are barreling toward a first-in-the-nation wealth tax on financial holdings on top of a recently added capital-gains tax.
- Compliance, Legal and Regulation
- Compliance, Legal and Regulation
The ability to pass on pensions and businesses mostly tax free will soon be gone, leaving the prospect of tax at as much as 40% and the unappetizing possibility of forced asset sales or the breakup of a business to cover the potential costs.
- Compliance, Legal and Regulation
A simmering tension in the crypto industry resurfaced after President Donald Trump signed a long-awaited order creating a strategic bitcoin reserve and an additional stockpile of other digital assets, even as crypto executives issued effusive social media posts praising the move.
- Compliance, Legal and Regulation
A state senator has introduced a bill that would bar private equity and hedge funds invested in a physician or dental practice from interfering with the professional judgment of physicians or dentists in making health care decisions.
- Compliance, Legal and Regulation
Lutnick, President Donald Trump’s nominee to lead the Commerce Department, detailed his wealth and influence across hundreds of firms.
- Compliance, Legal and Regulation
Tax cuts, tariffs and deregulation will be key focuses for Republican lawmakers next year after President-elect Donald Trump’s decisive victory coupled with Republicans flipping control of the Senate and potentially retaining control of the House.