Taxes

Latest in Taxes

India Capital Gains Tax, Filing Deadlines, Core Structural Difference

Investors must prepare for the April 15, 2026, U.S. tax deadline, focusing on complex cross-border capital gains rules between the…

Salary / Employment Income TDS and Filing Deadlines for Income from Salary

Understanding the difference between payroll withholding and final tax liability is crucial for workers in India and the U.S. This…

Valente Solutions, B&O Tax, Department of Revenue Denies Refund Claim

A significant Washington tax ruling denies a $404,000 refund to Valente Solutions, reinforcing a high burden of proof for out-of-state…

Ohio Distributes Tax Under Senate Bill 56 to Host Community Cannabis Fund

Ohio distributed its first $33 million in cannabis tax revenue to over 100 municipalities under the new Host Community Cannabis…

OECD Inclusive Framework Keeps Pillar Two Global Minimum Tax Side-By-Side

Beginning in 2026, U.S. multinationals face new Pillar Two requirements under the side-by-side approach. This guidance offers a compliance off-ramp…

R&D Tax Relief, Hmrc’s Additional Information Form, United Kingdom’s HM Revenue and Customs (hmrc) Update

UK R&D tax claims now require a mandatory digital Additional Information Form (AIF) filed before the tax return. Failure to…

Guidance Clarifies Inventory Rules Under U.S. Tax Law for Visa Holders

A comprehensive overview for visa holders on managing business inventory for U.S. tax purposes. It distinguishes between immigration work rules…

HMRC Publishes Automotive Tax Defaults Totaling £446,217.06

HMRC has publicly listed five UK automotive businesses for deliberate tax defaults, totaling over £700,000 in tax and penalties. This…