The state and local tax deduction, which primarily benefits wealthier Americans in high-tax areas, is one of the most disputed provisions of Trump’s tax bill.

The BBB would for tax years, beginning after December 31, 2024 and before January 1, 2030, modify the “adjusted taxable income” definition so that it is computed without taking into account ...

The South African chemicals-and-energy group on Tuesday said it targets adjusted earnings before interest, taxes, depreciation and amortization of up to 71 billion South African rand ($3.92 ...

The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed ...

However, starting in 2022, the EBITDA standard was replaced with a more restrictive earnings before interest and tax (EBIT) standard, which further restricted a company’s ability to deduct ...

Fidelity Bank Plc has recorded gross earnings of N315.4bn for the first quarter ended 31 March 2025, representing a 64.2 per cent increase from the N192.1bn reported in the corresponding period in ...

Before you pack away your 2024 tax return, use it to plan for next year's tax season. ... Deduction - Lowers how much of your income gets taxed (like student loan interest) ...

Understanding earnings before interest and taxes (EBIT) To calculate a company's EBIT, start with its total revenue. This may be called net sales, depending on the company.

The debate comes down to whether carried interest is more like labor earnings or capital gains, said Garrett Watson, a senior policy analyst at the Tax Foundation, a Washington-based think tank.

Adjusted earnings before interest, taxes, depreciation and amortization rose 13.8% to $2.88 billion, which chairman-CEO Lucian Grainge (pictured above) pointed to on the earnings call as a growth ...

USA-TRUMP/TARIFFS-ALCOHOL (FACTBOX):FACTBOX-From Johnnie Walker to Corona beer, major alcohol ... the brokerage noted that a significant percentage of its earnings before interest and tax ...