Honda has announced that it will move some production operations from Mexico and Canada to the USA. Japanese automaker Honda Motor aims to have 90% of vehicles sold in the USA produced locally, planning to shift some automobile manufacturing activities from Mexico and Canada to the USA. According to a report in the Nikkei newspaper, […]
As Tax Day 2025 approaches, around 140 million individuals are expected to submit their tax returns. Of these, nearly 40 million (30 percent) will do so during the final two weeks of the filing season. On average, each person filing will spend nine hours and $160 on the process. For American taxpayers, filing taxes annually […]
President Donald Trump’s approach unintentionally poses a triple challenge to the United States. Trump is keen on enhancing the inefficient U.S. government’s efficiency to save substantial amounts of money, while also pushing for permanent 2017 tax cuts and imposing tariffs to make international trade fair for the U.S. and bring in significant revenue. Despite the […]
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) announced that the market share of the two insurance companies with suspended operations was low and necessary measures have been taken. Following the suspension of operations of AcnTurk Sigorta AŞ and Arex Sigorta AŞ, SEDDK reported that the market share of these companies was low […]
Amid the ongoing “trade war” with the US, it has been claimed that China is instructing its airlines not to accept more aircraft deliveries from Boeing in the country. As US President Donald Trump imposed a 145% tariff on Chinese products, China is said to have retaliated. According to a report by Bloomberg, citing sources […]
As the deadline for taxes approaches, many have once again experienced a smooth filing season and quick refunds. However, concerns are rising that taxpayers could face delays and headaches next year. Despite the chaos in Washington, the IRS has had a successful 2025 filing season so far. The administration’s decision to maintain core IRS operations […]
Deputy President Cevdet Yılmaz announced that after the customs tariffs, Turkey will undergo a negotiation process with the US. Yılmaz emphasized that the issue of Halkbank will also be addressed with the aim of a resolution. Speaking at the Antalya Diplomacy Forum and responding to questions from Bloomberg, Yılmaz stated, “We have been expressing our […]
It is expected that the price of gasoline per liter will increase by around 1 lira starting from Thursday. The fluctuations in oil prices are also affecting fuel prices, with a price increase of around 1 lira expected for gasoline per liter. It is anticipated that the new prices will be effective starting from Thursday. […]
Agricultural frost hit 36 provinces, causing a significant decrease in crop yields. This is expected to impact prices as well. Agricultural frost hit 36 provinces in Turkey, with temperatures dropping below minus 10 degrees Celsius in some regions. The decrease in yield is expected to be reflected in markets and bazaars in the coming period. […]
April 15 has arrived. While tax day may not alter your personal history, apart from diminishing your wealth along with other Americans, there have been numerous occasions when taxes and tax policies altered history. Presented here are five instances where tax events influenced historical outcomes. Tax exceptions and ancient inscriptions. During Napoleon Bonepart’s Egyptian expedition […]
