The House's nearly $4 trillion tax package is set for a makeover in the Senate starting this week when lawmakers return to ...

Provisions of the tax bill seen as handouts to fat cats will actually benefit Main Street, Mark Penn writes in a guest ...

The Senate debates the 'One Big Beautiful Bill,' with focus on Section 899, a foreign tax measure drawing global attention.

Discover the potential impact of Trump's proposed Section 899 tax changes targeting foreign taxes like UTPR, DSTs, and DPTs.

This option is best if you posted a loss because you can take the full deduction in the current tax year. Foreign exchange losses can be deducted against all types of income. Report gains and ...

Further, these partnerships often invest in foreign entities. Many partners, especially limited partners, have no ability to direct the partnership’s operations and investment choices. Since foreign ...

Hence, for example, Income of a non-resident from operation of ships is taxable @ 7.5 percent of the gross receipts under ...

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 ...

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

"Expenses (like rent, electricity, Internet, etc) should be directly related to the profession. Proper records and proofs ...

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...

Can you still keep investing in NPS after becoming a non-resident Indian or an overseas citizen of India? What are the ...