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Tax simulation News

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Technology

Chevron Seeks Massive Tax Relief in Texas for Dedicated Data Center Power Plant.

May 11, 2026 at 11:13 AM

Chevron is seeking a multi-million dollar tax abatement in Texas for a gas-fired power plant dedicated to a data center, potentially linked to Microsoft. The proposal has sparked debate over corporate incentives and infrastructure costs.

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Chevron Seeks Massive Tax Relief in Texas for Dedicated Data Center Power Plant
Image Credit : tnonline.com
Local News
Sri Lanka Consolidates Financial Sector Levies: Clarifying the 20.5% VAT Update
Image Source : ft.lk

Sri Lanka Consolidates Financial Sector Levies: Clarifying the 20.5% VAT Update.

May 4, 2026 at 9:28 AM
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Finance

Strategic Tax Planning: How High-Net-Worth Individuals Are Preparing for 2026.

Following recent legislative shifts in the US tax code, wealthy investors are pivoting their strategies from estate tax mitigation to aggressive income and capital gains management. Key tactics include long-short tax-loss harvesting and leveraging bonus depreciation.

April 16, 2026 at 1:03 PM
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United States
Tax Refund Discrepancies: Why Higher Average Payouts Aren't Resonating with Americans
Image Source : apnews.com

Tax Refund Discrepancies: Why Higher Average Payouts Aren't Resonating with Americans.

April 15, 2026 at 9:10 PM
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The Tax Uncertainty Looming Over Prediction Market Profits
Image Source : defirate.com
Technology•
April 7, 2026 at 9:07 AM

The Tax Uncertainty Looming Over Prediction Market Profits.

As prediction markets like Kalshi and Polymarket surge in popularity, traders face a significant challenge: the lack of clear IRS guidance on how to report these earnings, leaving investors to choose between conflicting tax interpretations.

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Local News

Foreign Investors Urge Comprehensive Tax Reforms in Bangladesh Ahead of Budget.

April 7, 2026 at 1:16 AM

The Foreign Investors’ Chamber of Commerce and Industry (FICCI) has proposed a series of tax reforms to the National Board of Revenue to improve transparency, reduce the effective tax burden, and foster an investor-friendly environment as Bangladesh nears LDC graduation.

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Foreign Investors Urge Comprehensive Tax Reforms in Bangladesh Ahead of Budget
Image Credit : unb.com.bd