Author: Arabian Media staff

The tax treatment of dividends in the U.S. depends on whether the Internal Revenue Code (IRC) classifies them as qualified dividends or ordinary dividends (also referred to as nonqualified dividends.) Qualified dividends are taxed at the same rates as the capital gains tax rate. These rates are lower than ordinary income tax rates. The tax rates for ordinary dividends (typically those that are paid out from most common or preferred stocks) are the same as standard federal income tax rates of 10% to 37% for the 2025 tax year. Investors pay taxes on ordinary dividends at the same rates they pay on…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla drivers in France are suing the company to terminate the leases for their vehicles, alleging that chief executive Elon Musk’s political activities have made their cars “far-right totems”. The lawsuit brought by about 10 customers alleges that Musk has “tarnished” the Tesla brand through his “far-right” politics. This has led to an increasing hostility towards their cars that has prevented them from “enjoying” their vehicles, which many acquired for environmental reasons.The lawsuit is at an early stage and will be assessed…

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Imagine supercharging your nest egg with Wall-Street-style leverage: for every dollar you contribute to a 401(k), a lender pumps in four more, transforming modest retirement savings into a leveraged market bet. That’s the new pitch: “a mortgage for your 401(k)”—yet the same borrowing that can amplify potential gains can just as easily hollow out your retirement account if markets or rates move against you. Before you sign up for a leveraged 401(k), it’s worth understanding exactly how this leverage works inside a tax-advantaged plan—and why some advisors think the risks may outweigh the upside. Key Takeaways A handful of startups…

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Atiqa Mir, a 10-year-old Dubai-based Indian karting prodigy has become the youngest driver from the region to secure a place in a professional motorsport development programme, following her signing as an official AKCEL GP Academy Driver. AKCEL GP says the move signals a shift in motorsport accessibility and diversity, reinforcing the UAE’s commitment to nurturing next-generation talent and establishing itself as a global hub for motorsport excellence. A rising star in the karting circuit, Atiqa Mir has already made a name for herself with her fearless driving and consistent podium finishes. She has competed in some of the world’s most prestigious karting…

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