Ratified in 1913, the Sixteenth Amendment gave Congress clear power to levy an income tax. That same year, the Revenue Act of ...

The IRS published final regulations that scrap the proposed funding rule and ease compliance for M&A deals, preferred stock, and netting provisions.

The IRS and Treasury have issued final regulations (TD 10037) that eliminate stock repurchase excise tax exposure for M&A transactions, ...

The UAE's recent tax procedure amendments, effective January 1, 2026, will streamline processes, clarify refund timelines, ...

Chancellor Rachel Reeves has announced the latest changes to the price of cigarettes, cigars, tobacco and other smoking ...

On November 21, 2025, the U.S. Treasury Department (“Treasury”) and the Internal Revenue Service (the “Service”) released final regulations ...

Chhattisgarh High Court upheld levy of service tax and penalty on an industrial company for profits derived from property transactions, ruling that structure of entering purchase agreements and then ...

THE Department of Environment and Natural Resources (DENR) told legislators that the proposed single-use plastics tax needs ...

The same day Michigan's new 51-cent excise tax takes effect, Jan. 1, motorists can expect that tax to jump by about 1.5 cents per gallon, bringing the total fuel tax to about 52.6 cents. At the same ...

KENT COUNTY, MI — Byron Township is asking voters to approve a 2% tax on all hotels in the township. The purpose of the excise tax is to raise funds for the repair, maintenance and expansion of the ...

Michigan Gov. Gretchen Whitmer on Tuesday signed into law a new 24% tax on marijuana sales between producers and dispensaries, creating revenue to partially fund her long-promised effort to improve ...

JAKARTA, Sept 26 (Reuters) - Indonesia will keep its excise tax rates on tobacco products unchanged next year, after considering the impact such taxes have on employment in the tobacco industry, ...