As the new year unfolds, state legislatures across the United States are actively engaging in debates and proposals to revise tax policies. These early-year legislative activities reflect a common theme of addressing fiscal challenges and opportunities unique to each state's economic circumstances.
The introduction of new European Union (EU) tax rules concerning the art market, as outlined in Directive 2022/542, aims to streamline the previously convoluted value-added tax (VAT) system among EU member states. The directive went into effect on January 1, spurring varied and far from uniform
Amidst growing concerns over alleged criminal activities by former state employees, South Dakota lawmakers are amplifying their efforts to uncover the truth. The Legislature’s Government Operations and Audit Committee has faced significant resistance from the Department of Revenue, prompting the
The rising trend of book bans in school libraries across the United States has sparked a heated debate about intellectual freedom and the role of education in fostering diverse perspectives. This issue has become a battleground between conservative groups advocating for the removal of certain books
In a significant move to strengthen data protection, New York Governor Kathy Hochul signed an amendment to the New York General Business Law § 899-aa on December 24, 2024, establishing a specific timeline for data breach notifications. This amendment marks a crucial update in the state's data
The National Defense Authorization Act (NDAA) for the fiscal year 2025 has successfully passed Congress and is now awaiting President Joe Biden's signature. This substantial defense bill, with an $895.2 billion topline, aims to enhance both national security and cyber capabilities, focusing on
