BEA administers the mandatory BE-10 survey to obtain key statistics on U.S. investment abroad for U.S. agencies, policymakers, business ...
Global equities ex-US are up nearly 9% year to date vs. a 4.3% decline for American shares, based on a set of ETFs.
For individuals and businesses with foreign financial accounts, strict adherence to FBAR reporting rules is essential, and the cost can carry over to your estate.
On January 30, 2025, a bipartisan group of US Senators released a discussion draft of the Taxpayer Assistance and Service Act (“TAS Act”), ...
A special drive to ‘nudge’ taxpayers to disclose their foreign assets and income has resulted in over 3,000 taxpayers ...
In December 2024, taxpayers were urged by the Income Tax Department to voluntarily disclose any previously unreported foreign assets or income by December 31, 2024. It said that failure to do so might ...
Going forward, in September last year, tax authorities received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividends earned outside ...
Florida Gov. Ron DeSantis (R) criticized the newest Supreme Court ruling blocking President Trump’s freeze on foreign aid, calling it a missed opportunity. “The (liberal) district judge has no ...
According to the Mirae Asset Securities CEO, the Vietnamese stock market, with advantages such as the expected economic growth of over 8%, stable macroeconomic balances, and the imminent prospect of a ...
WASHINGTON (AP) — A sharply divided Supreme Court on Wednesday rejected the Trump administration’s bid to freeze nearly $2 billion in foreign aid ... justices to form a majority.
WASHINGTON, March 5 (Reuters) - A divided U.S. Supreme Court declined on Wednesday to let President Donald Trump's administration withhold payment to foreign ... members to form a majority in ...
The Trump administration’s decision to freeze and reduce foreign aid weakens national security, creating a vacuum that China is rapidly filling through strategic lending and infrastructure ...