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How the ‘One Big Beautiful Bill’ reshapes SALT planning

ThomsonReuters

How the One Big Beautiful Bill is changing SALT policy T he OBB BA introduces a temporary SALT deduction cap of $40,000 starting in 2025, which will phase out for individuals earning over $500,000. The cap is set to increase by 1% each year through 2029, with the limit reverting to $10,000 in 2030.

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One Big Beautiful Bill Act: Changes, challenges and opportunites

ThomsonReuters

SALT Deduction Cap Adjustments Raised Cap : The state and local tax (SALT) deduction cap increases from $10,000 to $40,000 starting in 2025. Annual Growth : The cap will rise by 1% annually through 2029. New Individual Tax Breaks Tip Income Deduction : Up to $25,000 in tip income is now deductible.

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With 13.2% CAGR, Digital Farming Market Worth USD 51.10 Billion by 2029

Benzinga

billion by 2029, exhibiting a CAGR of 13.2% This information is stated by Fortune Business Insights , in its report, titled, " Digital Farming Market, 2022-2029.". a start-up. 2022 to 2029. Forecast Period 2022 to 2029 CAGR. 2029 Value Projection. The market is projected to grow from USD 21.49

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Business Jet Market Size to Hit USD 38.34 Billion by 2029 | With 4.06% CAGR

Benzinga

billion in 2029, exhibiting a CAGR of 4.06% in 2021-2028. Fortune Business Insights™ provides this information in its report titled " Business Jet Market, 2022-2029. ". Further, the emergence of several start-ups and businesses is expected to boost the aerial vehicle demand. 2029 Value Projection.

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The Czech Republic: Looking To Diversify

Global Finance

Despite being outside the eurozone, Czechs are some of Europe’s wealthiest citizens; per capita GDP is just over $30,000—ahead of Spain at $29,600—and expected to rise 24% to $37,000 by 2029, according to Statista. Fitch’s Krzywicka expects export growth to remain subdued due to the sluggish German economy while private consumption ticks up.

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Precast Concrete Market Size Will Surpass USD 207.40 Billion by 2029, at 5.3% CAGR, Report by Exactitude Consultancy

Benzinga

for the forecast period of 2022-2029. Billion by 2029 from USD 130.30 On March 2020, Abumet Nigeria Limited is a subsidiary company of Julius Berger Nigeria Plc has started state-of-the art IGU production line in Abuja, Nigeria. Luton, Bedfordshire, United Kingdom, Feb. It is expected to reach above USD 207.40 Billion in 2021.

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Argentina: Breathing Space?

Global Finance

Yet, opportunities within traditional sectors are opening up this year following a slew of initial shock-therapy measures implemented by the country’s controversial President, Javier Milei. If Milei’s moves are successful, the traditional sectors can start exporting more and generate the reserves required to further shore up the economy.