Taxes

Latest in Taxes

Azerbaijan and China Agree on Mutual Visa Exemption to Boost Connectivity

Azerbaijan and China signed a reciprocal visa exemption agreement pending ratification, replacing a temporary waiver. It allows visa-free travel for…

Endowment Tax Proposal Disadvantages Schools with Many International Students

A bill passed by the House would raise taxes on wealthy private universities by excluding international students from calculations, increasing…

Thai Police link British nationals to drug smuggling via visa-free entry

British nationals increasingly smuggle cannabis from Thailand exploiting visa exemptions. Thai police arrested over 50 since July 2024. Authorities respond…

House GOP budget ties immigrant measures to major tax cuts

The House GOP budget funds permanent 2017 tax cuts through immigration enforcement, including a new $1,000 asylum fee. It cuts…

Trump Administration Slashes Remittance Tax in Surprise Move

The US House approved a 3.5% tax on outbound remittances from non-US citizens, effective January 1, 2026. Visa holders and…

NRIs urged to check tax rules before filing Income Tax Returns for 2025-26

For AY 2025-26, NRIs need to file Income Tax Returns by May 23, 2025, adhering to existing tax rules. Capital…

Trump Administration Slaps Tax Hikes on Elite Colleges

The Trump administration plans tiered taxes on elite college endowments up to 20%, aiming to curb perceived privileges. Alternatives suggest…

China’s inbound tourism climbs after changes to visa policies

In 2025, China attracted more tourists through expanded visa exemptions for 38 countries and lengthened transit stays to 240 hours.…