As the income tax return (ITR) filing season is here, Indian investors with global exposure must pay attention to how their ...

The European Union's top scientific advisors are warning that the EU should not rely on international carbon credits to meet ...

Further, the investor may also be required to pay tax in the country of the Foreign company whose stocks/ units are held by him. In such case, he can claim tax credit of such taxes which are paid ...

The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children ...

that amount can be subtracted from their U.S. tax liability thanks to the foreign tax credit. That may have applied to Leo during the many years he worked in Peru, which also taxes full-year ...

But now, that migration pattern is under pressure. A weakening Canadian dollar, rising U.S. housing costs, and growing geopolitical tensions between the two countries are prompting many Canadian ...

WASHINGTON – The deadline for filing 2024 income tax returns is looming for one group of U.S. taxpayers. For most of us, the deadline for filing 2024 income tax returns was April 15. But for U.S ...

U.S. President Donald Trump would have the power to retaliate against countries that impose special digital service taxes on ...

The House of Representatives has passed a sweeping tax reconciliation bill that makes significant changes to the U.S. energy tax credit regime.

Summary: Indian residents earning income abroad that is also taxed in India can seek relief from double taxation through the Foreign Tax Credit (FTC) mechanism. Available under Section 90 or 90A of ...