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HomeTaxes

Taxes

Chevron
Big Oil Companies

Investors Ask Chevron to Issue Tax Transparency Report

April 22, 2024 Mariel Alumit

A group of Chevron Corp. investors has asked the United States oil giant to make available to shareholders a detailed report of its tax payments, warning of risks of vulnerability to tax law enforcement and […]

Energy Crisis

Texas Solar Boom Turns to Battery Dash as Grid Pain Looms

April 6, 2023 Mariel Alumit

​ Image: REUTERS/Dane Rhys Summary Texas solar developers are adding storage as federal tax benefits increase profit margins but a lack of transmission could delay projects and keep huge solar resources in the west beyond […]

Energy
Finance

Windfall Taxes Sweep Through The Global Energy Sector

January 31, 2023 Mariel Alumit

Authored by Alex Kimani via OilPrice.com, Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency estimating that net income by oil and gas […]

Russian
Finance

Adidas Accused Of Massive Non-Payment Of Russian Taxes On Exit From Country The Daily Financial Trends

September 20, 2022 Mariel Alumit

When German athleticwear giant Adidas pulled out of Russia in March, the company failed to pay 10 billion rubles ($166 million) in Russian taxes it owed, according to reports from a number of Russian media […]

IRS
Energy Policy

Former IRS whistleblower says government will target middle class under Dems’ inflation bill: It’s ‘bulls–

August 17, 2022 Mariel Alumit

William Henck, a former Internal Revenue Service (IRS) lawyer who was forced out after making allegations of internal malfeasance, said the government will target middle-income Americans with new audits under the Inflation Reduction Act. Henck, […]

Senators
Energy Policy

N.D. Senators Statement on Oil and Gas Lawsuit

August 15, 2022 Mariel Alumit

BISMARCK – U.S. Senators Kevin Cramer and John Hoeven (R-ND) issued the following statements after the D.C. District Court approved North Dakota Attorney General Drew Wrigley’s Motion to Intervene in environmentalist interest groups’ attempt to invalidate […]

Inflation Reduction bill
Finance

LET’S TALK ABOUT THE “INFLATION REDUCTION BILL.”

August 12, 2022 Mariel Alumit

While writing this article regarding the Inflation Reduction bill, I was faced with the dilemma of which side is actually correct. News channels seem to flip flop on their beliefs, making it ever harder to […]

Taxes
Top News

Oil And Natural Gas Industry Taxes Power Texas Record Surplus

July 20, 2022 Mariel Alumit

Texas is expecting a record surplus of nearly $27 billion for the 2022-23 biennium, Texas Comptroller Glenn Hegar says, mostly due to the record amount of taxes the Texas oil and natural gas industry contributed. […]

Railroad
Finance

Texas oil and natural gas producers pay nearly $5B in production taxes

June 8, 2022 Mariel Alumit

Texas Comptroller Glenn Hegar’s recently released tax collections data reveals that Texas oil and natural gas producers are paying record amounts in production taxes to the State of Texas. According to the Comptroller’s data, in […]

California taxes are through the roof - ENB
Finance

How California taxpayers weathered the pandemic

March 20, 2022 Stu Turley

ENB Publishers Note: With the overspending of most elected officials in the United States, is there any question that you can spend your money better than they can? As Dan Bongino says “Porkulus” is a […]

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