Can New York go bankrupt?

Can New York go bankrupt?

THE CHEKING PROCESS – The paralysis of activity caused by the Covid-19 pandemic has resulted in a drop in the city’s tax revenues. Heavily in debt, is the “Big Apple” facing imminent financial peril? –New York City was already on the verge of bankruptcy in 1975. Brendan McDermid / REUTERS THE QUESTION. «New York is … Read more

Billions of crowns in taxes. See who feeds the state coffers the most in the Czech Republic

Billions of crowns in taxes.  See who feeds the state coffers the most in the Czech Republic

The annually published ranking of awarded companies is compiled according to the amount of payments made to the corporate income tax account during the year to the public budgets of the Czech Republic. Some companies paid more than three billion crowns. “Every year, banks and carmakers are in the top positions,” said Tatjana Richterová, CEO … Read more

VAT numbers in revolt, Covid disaster and taxes to pay: all the data and deadlines

VAT numbers in revolt, Covid disaster and taxes to pay: all the data and deadlines

A rather bleak picture what emerges from the second quarter of 2020 published by the Ministry of Economy and Finance. VAT numbers, the post-Covid data for April-June 2020 From April to June, 94,932 new VAT numbers were opened and, compared to the corresponding period of last year, there is a decrease of 30.7%, an evident … Read more