As stated on its website, the Department of the Treasury's Office of Inspector General (OIG) was established in 1989 by the Secretary in accordance with the Inspector General Act Amendments of 1988.
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More than two dozen House Democrats put forward legislation Friday that would impose a 1,000% tax on "assault weapons" and high-capacity magazines. Read More.
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward deposits. Read More.
Canada is warning that it will implement a digital services tax that would hit American tech companies unless a key part of the global plan is implemented by the start of 2024. Read More.
This week’s Chairman’s report comes from Jim Bennett, a retired attorney in New Jersey and member of the AFFT board, in the form of a letter responding to a critical article in Newstrail.com.
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In a July 12, 2023 press release, the House Ways and Means Committee listed several key points learned from interviews with IRS employees assigned to the Hunter Biden investigations. Here are some key findings in those transcripts:
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The House passed Senate Bills 2 and 3, providing property tax relief for homeowners and business properties and franchise tax relief for small business owners. Read More.