News

New final regulations pose significant implications for possible income inclusions by U.S. corporations with foreign ...
For American expats, owning rental property abroad is a smart way to diversify and earn extra income. However, if you’re a US ...
In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads ...
"Expenses (like rent, electricity, Internet, etc) should be directly related to the profession. Proper records and proofs ...
On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...
On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...
The Socialist Parliamentary Group (PSOE) has introduced a bill aimed at promoting affordable rental housing. Among its key ...
The House’s nearly $4 trillion tax package is set for a makeover in the Senate starting this week when lawmakers return to ...
Under Regs. Sec. 1.987-15, the 2024 final regulations generally apply to tax years beginning after Dec. 31, 2024, as ...
Hence, for example, Income of a non-resident from operation of ships is taxable @ 7.5 percent of the gross receipts under Section 44BB of the Act, therefore, TDS is required on the income element i.e.
Can you still keep investing in NPS after becoming a non-resident Indian or an overseas citizen of India? What are the ...
India Implements Comprehensive Tax Framework for Virtual Digital Assets : India has established a formal taxation framework for Virtual Digital Assets (VDAs) like cryptocurrencies and NFTs through the ...