As a U.S. citizen, the man formerly called Cardinal Robert Prevost technically is required to file returns to the IRS.

1. Foreign Tax Credit (FTC) is a mechanism to provide relief to the taxpayers to claim credit in India for the taxes paid in overseas country on the doubly taxed overseas sourced income (i.e., taxed ...

He’s the first American Pope in history, but Leo XIV might not be able to escape the IRS - The native Chicagoan and baseball ...

Businesses are worried about the possible cancellation of a tax treaty between the U.S. and China as Treasury Secretary Scott ...

AS digital service users denounced the imposition of a 12 percent value-added tax on digital services, the government’s stance on “leveling the playing field” is insensitive to consumers and deepens ...

The Income Tax Department has now notified ITR (income ... have income from business or profession, or resident having foreign assets or foreign income or more capital gains than permitted ...

Kilpatrick’s David Hughes recently participated in a panel titled - “The Top 10 Sales Tax and Income Tax Cases” - at the Council on State ...

A number of countries, eager for investment and tax revenue, are hoping to become magnets for the wealthy. View on euronews ...

If you have any foreign income or assets, you must report them in Schedule FA. This will ensure transparency in cross-border transactions. Help and Support Available The Income Tax Department said ...

Countries that once looked to the U.S. for direction on tax policy have concluded they need to form alliances without us. If ...

In the merger and acquisition (M&A) landscape, it is crucial to consider factors beyond the transaction itself, as the 2025 calendar year is ...