Using detailed financial reports from thousands of firms, the researchers found that in 2018, U.S. multinationals shifted about $20-25 billion to tax havens — far lower than prior estimates of about ...

The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed abroad. While the AMT limits certain deductions and credits, it does allow a ...

This month, the Internal Revenue Service is predicting a rise in tax scams for 2025, and added four new eligible counties for ...

After charging Canada and Mexico, President Trump's increased tariffs on the EU have come into effect. Meanwhile, the US administration has issued false claims about the impact of those tariffs. A DW ...

Over this period, he has also announced, suspended, announced again, and suspended again 25 percent tariffs on goods from ...

In its ruling, the ITAT Pune concluded that the provisions of Rule 128 (9) are directory, not mandatory, aligning with judicial precedents emphasizing the supremacy of DTAA provisions in cases of ...

Learn the step-by-step process for filing corporate income tax in the Philippines and ensure compliance for your foreign ...

US citizens residing in India must file US taxes. Learn about deadlines, exemptions, and tips for filing US taxes from India.

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

As you begin to prepare your 2024 tax return in the days ahead, you should pay close attention to a seemingly innocuous ...

Mr. Stanley Baldwin, Chancellor of the Exchequer, reckons the per capita taxation of the following nations at: Great Britain: Direct, $55; indirect, $30. France ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.