In an effort to curtail foreign property owners from leaving their apartments vacant for much of the year, the Paris city council is expected to adopt a measure on Monday that would triple, from 20 percent to 60 percent, the … Continue reading →
Restaurant tax revenue in DC increased by over $41 million from 2011 to 2015, according to Washingtonian magazine. The proliferation of new restaurants, coupled with increases in the city’s minimum wage rate (recently upped to $11.50/hour and on track to … Continue reading →
Marriott, the world’s largest hotel firm, has signed a letter of intent to lease space at 7750 Wisconsin Avenue for its headquarters where about 3,500 employees are expected to work. The planned development by Boston Properties and Bernstein Cos. is … Continue reading →
In 1983, the U.S. steel voluntary restraints agreement (VRA), a quota program, increased the price of imported steel by 4.5 percent and domestically produced steel by about one percent and U.S. steel exports declined. The program cost U.S. consumers more … Continue reading →
The East End Commercial Real Property Tax Rate Reduction Act of 2017, a new bill introduced by the DC Council, aims to spur development and economic activity east of the Anacostia River. Especially a small number of women in pre-marital … Continue reading →
New York City set a FY 2017/18 value of approximately $1.16 trillion for the more than one million properties located in the city. This is an increase of 8.74 percent over the previous period. Property values in These addictions might … Continue reading →
In addition to a reduction of the corporate tax rate, Congress is considering a border-adjustment tax. Under this tax regime, companies would not be able to deduct the costs of imported inputs from their taxable income however their export-sales revenue … Continue reading →
According to The Telegraph (citing data from the Organization for Economic Cooperation and Development (OECD)), property taxes, as a share of total taxation are higher in the UK than anywhere else in the developed world, accounting for 12.7 percent of … Continue reading →
Apple’s cash reserves are at $237.6 billion – the highest amount on record for an American company, according to Silicon Valley Business Journal. About 91 percent ($216 billion) of Apple’s cash and long-term securities sit in offshore accounts. Apple, like … Continue reading →
Any funds where 25 percent of their value is made up of Irish real estate assets will be subject to a 20 percent withholding tax from next year,
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