White House touts Trump’s ‘bold vision’ for towering Independence Arch for America 250. A bold new monument proposal is stirring debate across the United States after Donald Trump announced his support for constructing a 250‑foot “Independence Arch” in Washington, D.C. The idea, which he described as a tribute to America’s upcoming 250th anniversary in 2026 , would create one of the tallest commemorative structures in the capital—towering more than twice the height of the Lincoln Memorial. According to reporting from multiple news outlets, the proposed arch would serve as a national symbol celebrating American history, unity, and resilience. Supporters argue that a new landmark could energize the nation’s semiquincentennial celebrations and boost tourism. Critics, however, question the cost, the timing, and the political motivations behind launching such a massive project during a period of economi...
New tax-filing obligations await many unsuspecting Canadians in 2024
This article is about new tax-reporting obligations for trusts in Canada that will likely result in paperwork and significant costs for many Canadians, some of whom may not even know they are part of a trust. The new rules require that trusts, with few exceptions, annually file what’s known as a T3 Trust Income Tax and Information Return and disclose beneficiaries, among other information. Some taxpayers who haven’t previously had to file will find they have to incur accounting and legal fees to meet those obligations, tax experts say. The new measure comes as Canada increases efforts to crack down on tax dodging and strengthen its anti-money-laundering regime amid domestic and international scrutiny of the way it combats financial crime.
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