USCIS and Labor Department Data Mislead as H-1B Visa Numbers Mix New and Existing Workers
Confusion over H-1B data persists as public reports often conflate new worker entries with simple status extensions and…
Companies and Co-Ops Keep Normal Depreciation Under Concessional Tax Regimes. But Lose Additional
Indian companies must choose between lower tax rates and additional depreciation incentives under sections 115BAA, 115BAB, and 115BAD…
U.S. Tax Compliance Hits 85% Voluntary Rate with Third-Party Reporting and Pre-Filled Returns
A comparison of U.S. and India tax compliance in 2026, highlighting how formal employment and digital reporting tools…
New York Supreme Court Narrows Public Law 86-272 Shield for Online Sellers
New York courts uphold regulations taxing out-of-state online sellers for interactive website features, while blocking retroactive enforcement prior…
Charleroi Airport Grounds All Flights on May 12 as National Strike Disrupts Travel
Charleroi Airport cancels all flights on May 12, 2026, due to a national strike. Brussels Airport will operate…
Ohio Yet to Join Federal Tax Credit Program for Private School Aid
Ohio has yet to opt into the new $1,700 federal private school scholarship tax credit program starting in…
European Commission Says Airlines Must Drop Fuel Surcharges Added After Ticket Sales
The EU Commission bans airlines from adding fuel surcharges to tickets after purchase, mandate total transparency in pricing…
Australia Targets Foreign Resident Capital Gains Tax Rules with 365-Day Principal Asset Test
Australia proposes sweeping 2026 tax reforms targeting foreign asset tests and domestic CGT discounts to improve housing affordability…
Democrats Push Gas Prices Relief Act to Suspend Federal Gas Tax as Pump Prices Climb
Senators propose suspending the 18.4-cent federal gas tax through Oct 2026 to provide relief as prices soar due…
FAA Probes Deadly Runway Incident Involving Frontier Airlines on Denver’s 17L
A Frontier Airlines plane aborted takeoff at Denver International Airport after hitting a trespasser on runway 17L. The…
Louisiana Department of Revenue Reminds Filers to Use Latap Portal for Form IT-540 by May 15
Louisiana 2025 state tax returns and payments are due May 15, 2026. A 3% flat tax now applies,…
Internal Revenue Service Offers Tax Relief as State of Emergency Declared in South Georgia
IRS and Georgia officials announce tax extensions for wildfire victims in south Georgia, moving federal deadlines to Aug…
Philippines and Paraguay Sign Visa Waiver Agreement for Ordinary Passports During State Visit
The Philippines and Paraguay signed a reciprocal visa waiver for ordinary passport holders on May 11, 2026, to…
Unverified Reports of American Airlines Disruptions Debunked by FAA Data
Reports of major American Airlines cancellations in May 2026 are unverified and rely on outdated data from 2024…