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Stephen Lowe, group communications director at retirement specialist Just Group said: “The latest IHT receipts data for December will be a welcome end-of-year bonus for the Government’s coffers as the ...

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As the Union Budget 2025 approaches, it is crucial to understand how the government earns its revenue from taxes and non-tax sources. Here's a breakdown ...

State tax receipts totaled $79.9 billion through the first three quarters of state fiscal year 2024-25, $1.2 billion higher than estimates released by the Division of the Budget. On a year-over ...

Government tax receipts reached $3.6 billion in 1918, the last year of the war. Despite lower taxes, the government raised $6.6 billion in 1920. The stock market crash in 1929 and the resulting ...

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Learn how capital gains are taxed and how to avoid paying more taxes than necessary when selling your assets. Investors can sigh relief for the 2024 tax year. Despite the capital gains inclusion ...

NEW YORK — State tax receipts totaled $79.9 billion through the first three quarters of State Fiscal Year (SFY) 2024-25, State Comptroller Thomas DiNapoli announced in a press release.