Premier David Eby has agreed to eliminate the provincial ... province’s carbon tax this legislative session, after new Prime Minister Mark Carney moved to eliminate the federal version of ...

To calculate your effective tax rate, you need two numbers: the total amount you paid in taxes and your taxable income for ...

The Liberal government has already cancelled the consumer carbon tax, but the issue of carbon pricing for industrial ...

With election day for the 2025 federal general election looming on April 28, candidates are lining up to vie for your vote.

B.C. Premier David Eby dared the Conservative Party of B.C. to bring down his government over legislation tabled on the last ...

THE Bureau of Internal Revenue (BIR) should stop targeting small-scale businesses and focus on running after big tax evaders and set a higher tax target to pay off the country’s debt ...

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...

Ministers are considering cutting a tax on global tech giants as part of a last-minute scramble to secure a deal which would exempt the UK from Donald Trump’s tariffs due to come into force next ...

Tax deductions, on the other hand, reduce how much of your income is subject to taxes. Deductions lower your taxable income by the percentage of your highest federal income tax bracket.