Failure-To-File Penalty Hits Harder Than Failure-To-Pay After April 15 Tax Deadline
The IRS failure-to-file penalty is 10x higher than late-payment fees. File by the 2026 deadline to save money,…
Articles by & updated by Sai Sankar
Landlords Pay Nearly A$7 Billion More in Taxes Than Homeowners, Fueling Rental Tax Debate
A new report shows Australian landlords pay A$7B more in tax than homeowners, complicating 2026 Budget plans to…
Australia Imposes 30% Minimum Tax on Discretionary Trusts from 1 July 2028
Australia to introduce a 30% minimum tax on discretionary trusts from 2028, targeting income splitting and raising an…
PM Modi Urges Indians to Halt Gold Buying for a Year to Protect Foreign Exchange
NRIs and Indian families are reassessing gold, bonds, and stocks in 2026 to prioritize liquidity and tax compliance…
Income-Tax Act Uses Deeming Fiction to Tax Loans as Deemed Dividends Under Section 2(22)(e)
Explore how Indian Income-tax law uses deeming fiction to reclassify loans, gains, and assets into taxable income, overriding…
Tax-Free Bonds Offer Exempt Interest, But Zero-Coupon Bonds Face Tax on Discount
A guide to Indian bond taxation in 2026, covering slab rates, tax-free exemptions, zero-coupon structures, and specific considerations…
India Taxes Gains on Unlisted Bonds as Short-Term Under Section 50AA from July 23
New India tax rules treat unlisted bond gains as short-term capital gains from 2024, favoring listed debt for…
56% of French Households Pay No Income Tax in 2025 as Thresholds Shift
Latest 2025 data shows 56% of French households pay no income tax, but total tax burdens remain high.…
Australia to Phase Out 50% CGT Discount, 30% Minimum Tax Starts 2026
Australia to replace the 50% CGT discount with inflation indexation and a 30% minimum tax starting July 1,…