Editor: Mary Van Leuven The U.S. government imposes federal excise taxes that can affect a surprising variety of companies.

ITAT Kolkata held that filing of Form No. 67 is directory and no mandatory and the credit for foreign taxes cannot be denied for mere delay in filing the Form No. 67. Accordingly, appeal of the ...

As a non-resident, transferring foreign assets into a foreign trust will not trigger any tax liability for you in India.

Learn how Indian residents earning foreign income can claim Foreign Tax Credit (FTC) for FY 2024-25. Understand Form 67 submission, DTAA, and ...

Experts advise taxpayers to choose the correct ITR form and ensure full disclosure of both Indian and foreign dividend income ...

Fundamentally, the tax code should not discriminate against its own citizens. Indeed, as Congress reexamines tax and ...

Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...

Salaried Individuals' ITR Filing Season for FY 2024-25 is Underway. Here's a Checklist of 8 essential documents you need.

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

In this episode of Tax Notes Talk, Jonathan Samford and Kevin Klein of the Global Business Alliance discuss the proposed ...

By now all the taxpayers in the country have been alerted about the last date for filing the Income Tax Return (ITR) for the assessment year 2025-26 or the financial year 2024-25, which has been ...