A tax debtor owing more than $27.8 million to the federal government should be ordered to repatriate assets held in the Bahamas to satisfy his outstanding bill, the US told a federal court in West ...

The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

A proposed IRS rule requiring decentralized crypto platforms to report user transactions has been officially withdrawn, ...

SARS tax season opened with technical problems, but major updates to filing rules and form changes are now in effect.

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations ...

Editor: Mary Van Leuven, J.D., LL.M. The U.S. government imposes federal excise taxes that can affect a surprising variety of ...

Industry groups representing sectors including real estate, finance and multinational companies are pushing for the reduction or exclusion of a retaliatory tax targeting foreign investors.

Analysis-Wall Street, Main Street Push for Foreign Tax Rethink in US Budget Bill By Carolina Mandl and Bo Erickson NEW YORK/WASHINGTON (Reuters) -Industry groups representing sectors including ...

U.S. President Donald Trump’s proposal to tax foreign investment from countries he believes have “unfair foreign taxes,” including Canada, is transforming his trade war into a capital war ...

The deadline for initial filings under the Corporate Transparency Act by foreign reporting companies registered to do business in the United States prior to January 1, 2024, has been reset to ...