Nobel Prize winners are getting a cash boost this year—up from 11 million to 12 million Swedish kronor—with a clever tax workaround: donate the funds to charity before receiving them. These iconic awards, established in 1901 by Alfred Nobel, honor excellence in science, literature, peace, economics, and medicine, with ceremonies held in Stockholm and Oslo on December 10th, Nobel’s birthday.
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This is an automated, high-level news summary based on public reporting. Sources: https://www.perthnow.com.au/news/nobel-prizes-to-carry-greater-cash-value-this-year-c-22893849
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