The president's signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire, imperiling a workplace perk popularized during Silicon Valley's dot-com boom.
The proposed Section 899 tax law threatens dividend-based portfolios, particularly for foreign investors, potentially eroding the returns needed for a secure retirement.
In a landmark move, HMRC confirmed that these Stop Notices mark the first time the orders have been issued to an individual rather than a company, underscoring the government's intent to clamp down on tax avoidance regardless of how schemes are structured.
