Sotheby's Reaches $6 Million Settlement in New York Sales Tax Evasion Investigation
1 month ago
In a significant development, Sotheby's, the renowned auction house, has officially settled a probe regarding alleged sales tax evasion in New York. The settlement, amounting to a hefty $6 million, concludes a state investigation that scrutinized Sotheby's compliance with tax laws applicable to its transactions.
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France Announces $66 Billion in Spending Cuts and Tax Hikes for 2025
3 months ago
France has announced a milestone economic plan aimed at pulling in its fiscal belt by cutting $66 billion in spending reductions and tax increases for the year 2025. The effort taken by the French government in this regard shows their seriousness about bringing down the deficits in the budget and making the economy productive in the long run.
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