EU Carbon Tax and Refueleu Aviation Could Raise Budget Airline Fares, LBA Warns
Germany proposes a €1,332 per tonne charge for SAF shortfalls, threatening budget airline margins and signaling higher 2026 ticket prices across Europe.
Top questions about Taxes
Answers from VisaVerge guidesWhat are the implications of not updating tax residency for Indian citizens moving to Canada or the U.S. in 2025?
People who keep old statuses can be treated as full residents in two places at the same time, leading to dual taxation until they correct their records.
Read: Indian Tax Residency 2025: 182/60-Day Rules and Update ImplicationsWhat is the main U.S. federal filing deadline for India-to-U.S. movers in 2026 tax year?
April 15, 2027 is the main U.S. federal filing deadline for many India-to-U.S. movers reporting both Indian and U.S. income for tax year 2026.
Read: RNOR vs ROR in India: Navigating DTAA in Mid-Year MigrationHow does tax residency status affect H-1B visa holders for the 2025 tax year?
H-1B visa holders may be resident aliens, nonresident aliens, or dual-status filers based on their days of presence in the United States during 2025 and prior years, which impacts how they file taxes and what income is taxable.
Read: H-1B Visa Holders Face Substantial Presence Test in 2026. When Are They Resident Aliens?How does IRS Publication 551 affect U.S. taxpayers in 2026?
IRS Publication 551, revised for 2026, provides the main guide on basis rules affecting a wide range of filers including NRIs and H-1B professionals, guiding them through complex calculations.
Read: IRS Revises Publication 551 for 2026, U.S. Property Basis Rules Affect DepreciationWhat should NRIs do to comply with tax residency rules for FY 2025-26?
NRIs must document their entry/exit dates to determine 182-day residency under Section 6 and report and pay tax on Indian-sourced income accordingly.
Read: NRI Tax Residency 2025-26: 120-Day Rule and Deemed ResidencyUSCIS Policy Alert PA-2026-05: Prepare Full Evidence Now as Rfes May Be Skipped
New USCIS policy effective August 5, 2026, allows immediate denial of incomplete immigration filings without issuing a Request…
FCRA Amendment Bill 2026: Asset-Vesting Process Could Seize Foreign-Funded Assets
India's 2026 FCRA Amendment Bill proposes government seizure of assets built with foreign funds if NGO registrations expire…
India Reviews ₹36.27 Lakh Crore Uncollectible Tax Demands via Finance Ministry Panel
India reviews ₹36.27 lakh crore in uncollectible tax arrears. The panel seeks administrative cleanup, but existing liabilities remain…
IRS Notice 2026-28 Clarifies Premium Method for Working Families Tax Cuts
The IRS Notice 2026-28 allows employers to claim the Section 45S tax credit on insurance premiums for paid…
South Africa’s ETA to Expand to All Visa-Exempt Nationalities in September
South Africa launches its digital ETA system on August 12, 2026, at OR Tambo Airport, expanding to visa-exempt…
National Treasury Employees Union Sues IRS to Protect Workers and Tax System
IRS union joins lawsuit against President Trump's tax audit immunity, citing constitutional violations and threats to the integrity…
1099-DA Crypto Tax Guide: Prove Cost Basis to IRS Auditors
IRS Form 1099-DA guidance for 2026 requires taxpayers to document crypto cost basis to avoid overtaxation and satisfy…
Vietnam Proposes 30% Income Tax Cut for Small Firms and Household Businesses Up to VND 10 Billion
Vietnam proposes a 30% income tax cut for small businesses and individuals with revenue under 10 billion VND…
IRS and DHS Gain Super-Creditor Powers to Seize Assets from Heirs Who Skip Tax Filing
The IRS utilizes super-creditor powers and ICE data-sharing to seize assets for unpaid taxes, with estate exemptions rising…