June 8, 2025
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Lakshmi Mittal Considers Leaving UK Amidst Non-Dom Tax Reforms | World News

Steel magnate Lakshmi Mittal is contemplating leaving the UK due to recent tax reforms ending long-standing benefits for non-domiciled residents. Mittal, who has resided in the UK for nearly 30 years, could become one of the highest-profile entrepreneurs to relocate as a consequence of these reforms.According to the Financial Times, Mittal is evaluating his options […]

Canadian PM Mark Carney reverses capital gains tax hike to promote small business and investment growth

Canadian prime minister Mark Carney announced cancelling the proposed increase to the amount of capital gains subject to taxation. The move reversed a major element of the 2024 federal budget, to support small businesses and encourage private investment.“Cancelling the hike in capital gains tax will catalyze investment across our communities and incentivize builders, innovators and […]