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President Donald Trump's tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the projection that takes ...
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Miscommunication on bank deposits tax
The first day of effectivity (July 1, 2025) of the Capital Markets Efficiency Promotion Act (CMEPA) with regard to the tax on interest on bank deposits seemed to have started off on the wrong foot.