Latest news with #taxbills
Reuters
19-05-2025
- Business
- Reuters
US judge rejects Vanguard $40 million settlement with mutual fund investors
May 19 (Reuters) - A federal judge on Monday rejected Vanguard Group's $40 million settlement with investors who claimed it stuck them with inflated tax bills in its popular target-date mutual funds. U.S. District Judge John Murphy in Philadelphia said the proposed class action settlement announced in November "provides no value" to investors because Vanguard could have offset the $40 million from its similar, larger settlement in January with the U.S. Securities and Exchange Commission. Murphy said rejecting the $40 million settlement would also save $13 million in legal fees for lawyers representing the fund investors, and that they "cannot deny the math."
CTV News
14-05-2025
- Business
- CTV News
585,000 residential and non-residential property tax bills are in the mail, City of Calgary says
The city says it mailed about 585,000 property tax bills on Wednesday. Calgary property owners can expect bills for taxes owed in their mailboxes soon. The city says it mailed about 585,000 property tax bills on Wednesday. These will be received by residential and non-residential property owners alike. 'Property tax is due Monday, June 30,' the city said. 'A late payment penalty of seven per cent will be applied to any unpaid portion of property tax on July 1.' According to the city, property owners should have their tax bills by May 23. If you're expecting one and don't receive it, call 311 ASAP. The city says the due date and payment penalty apply regardless of whether a bill is received in the mail. Property owners also have access to tax information online, at Payment options and property tax assistance program information are also accessible online, at 'We offer multiple ways for property owners to pay their tax bills; the most popular way is monthly, through the city's Tax Instalment Payment Plan (TIPP),' the city said. 'The property tax deadline doesn't apply to property owners enrolled in TIPP by June 30. 'Property owners can join TIPP online quickly and easily by going to and clicking on the 'Join TIPP' box.' Information on how tax dollars are spent is available online as well, at
Bloomberg
10-05-2025
- Business
- Bloomberg
Nigeria Overhauls Colonial-Era Tax Rules in Pro-Business Push
Halfway into a four-year tenure, President Bola Tinubu's push to reform the floundering economy of Africa's most-populous country has received the most significant thrust yet: An overhaul of tax laws, some that date back to Nigeria's colonial past. On Thursday, senators passed four tax bills, ending a nearly two-year push. The draft legislation, which excludes Tinubu's appeal to raise value-added tax but backs other measures he sought, will now be sent to the president for assent and may be in place later this year or in early 2026.
