Ohio Entrepreneur Promises to Phase Out State Income Tax, Zero Tax Rate on Earnings
Vivek Ramaswamy proposes phasing out Ohio's income tax by 2026, starting with capital gains, despite a potential $10…
Korean Air, Asiana Airlines Prepare December Merger as Jin Air Faces New Role
Korean Air sets December 17, 2026, as the final date to fully absorb Asiana Airlines, ending the brand’s…
European Commission Reports Full Entry/exit System Rollout Ahead of ETIAS Launch
The EU's Entry/Exit System (EES) is now fully operational as of April 2026, replacing passport stamps with digital…
India Keeps Capital Gains Tax for Foreign Portfolio Investors Intact Under Finance Act 2024
India maintains existing FPI capital gains tax rates of 20% for short-term and 12.5% for long-term gains, ruling…
Income Tax Department Says Only TRACES-Downloaded Form 16, 16A Valid for Filing
India mandates TRACES-only Form 16/16A for 2026 tax filings. Authenticated certificates are now required for both domestic compliance…
IRS Increases Overtime by $27M as Refund Fraud Surges, Watchdog Reports
A May 2026 TIGTA report reveals a $27M spike in IRS overtime and critical delays in stopping refund…
U.S. F-1 Visa Slots for Indian Students Vanish in Minutes, Sparking Pre-Fall Panic
A massive shortage of U.S. student visa slots in India leaves 210,000 applicants stranded for Fall 2026 amid…
IRS Struggles to Stop Refund Fraud as Information Returns Arrive Too Late
The IRS faces challenges stopping refund fraud as third-party wage data often arrives after payments are issued, prompting…
32,000 Non-EU Nationals Blocked at EU Borders as Entry/exit System Hits Spain
The EU's digital EES blocked 32k travelers in 6 months. Spain has fully rolled out the system, replacing…
US Demands Biometric Access as Europe Seeks Visa Waiver Under Enhanced Border Security
U.S. demands direct biometric database access from EU countries as a condition for maintaining Visa Waiver Program status,…
Senator Tom Cotton Proposes No Safe Haven for Terrorist Families Act to Revoke Visas
Senator Tom Cotton introduces 2026 bill to revoke visas for extended family of terrorists and foreign adversaries, sparking…
USCIS Sends Notices of Intent to Deny to Chinese EB-5 Investors Linked to Tech Firms
USCIS intensifies national security vetting for Chinese EB-5 investors with ties to sensitive tech sectors and specific research…
Spanish Police Arrest 35 in Nationwide Colombian Passport Forgery Crackdown
Spanish Police arrest 35 in nationwide passport forgery crackdown using the new EU Entry/Exit System to detect biometric…
Germany’s Auswärtiges Amt Goes Digital, Cutting Backlogs for Opportunity Card Visas
Germany launches a fully digital Opportunity Card portal in 2026, cutting visa wait times from six months to…