The laws will collectively send $2.9 billion back to taxpayers. The governor hinted at potential spending cuts to help pay for it.
Georgia governor signs income, property tax reduction laws
Georgia Gov. Brian Kemp signed into law reductions of income and property taxes, including a cut to the income tax rate from 5.19% to 4.99% for the 2026 tax year.
Kemp signs Georgia income, property tax cuts
Gov. Brian Kemp signed new Georgia tax laws cutting the state income tax rate and limiting homeowner property valuation increases. The measures stop short of eliminating income or property taxes …
Oman unveils $779m luxury mountain city with 750 villas in Al Jabal Al Akhdar
Oman unveils Musstir Heights, a OR300m ($779m) luxury mountain destination in Al Jabal Al Akhdar with more than 750 villas …
South Korea’s punitive real estate tax faces reform calls
A call to reform South Korea’s real estate tax system from a “punitive system” to a “fair system” emerged on the 11th. Critics argue that the current system, which operates a progressive national real …
Kuwait targets gold and property fraud
The issue has become even more important after international money laundering watchdog the Financial Action Task Force put Kuwait on its “grey list” in February, alongside the …
Dubai developer Emaar posts rise in quarterly profit
Developer said some impact has been observed during the Middle East conflict in hospitality and certain entertainment businesses.
Japan’s 9 Million Abandoned Homes Are Turning into an Economic Crisis
Across Japan’s shrinking rural towns and aging suburban districts, abandoned homes are quietly reshaping the country’s property market, forcing policymakers, banks, developers, and local governments …
China’s bond market faces climbing re-defaults as property crisis drags on
Re-defaults erode credit differentiation as homebuyer confidence weakens under slow income growth and high leverage, analysts warn.
Oman unveils OMR 300M Musstir Heights project in Jabal Akhdar
The Sultanate of Oman has announced the “Musstir Heights” project, a landmark OMR 300 million development to be established in Jabal Akhdar within the Al Dakhiliyah Governorate, unveiled during the …