1.8 Trillion Won in Child Tax Credit and Earned Income Credit Paid, Up to 3.3 Million Won Per Household
South Korea's June 2026 tax reform redirects 1.8 trillion won to low-income households, offering refundable credits up to…
KCPS Board Warns of School Funding Crisis Over Missouri Income Tax Repeal and Amendment 5
Kansas City Public Schools warns that Missouri Amendment 5's plan to repeal income tax could destabilize school budgets…
South Korea Multi-Home Capital Gains Tax Surcharge Hits Ownership Structure
South Korea plans to reintroduce a Multi-Home Capital Gains Tax Surcharge in 2026, impacting owners of multiple properties…
Senior Citizen FD Rates Up to 8.50%: What Nris Must Check on Deposit Insurance and Tax Rules
Indian banks revised June 2026 FD rates, offering senior citizens up to 8.50%. Small finance banks lead while…
What Nris Must Know About FCNR(B) Deposits: Tax Perks, Dollar Risk, and Exchange-Rate Movement
FCNR(B) deposits offer NRIs tax-free interest in foreign currency in India, but U.S. tax residents face reporting rules…
IRS Pushes Foreign Earned Income Exclusion to $132,900 for 2026, but Watch Self-Employment Tax
The IRS raised the 2026 Foreign Earned Income Exclusion to $132,900, offering major tax relief for eligible U.S.…
2026 Tax Rules: Partnership Firms, Llps and NRI Partners Must Check Filing Norms
Guide for Indian firms on navigating the 2026 tax transition, covering the new Income-tax Act 2025, Section 194T…
New Superannuation Ban on Limited Recourse Borrowing for Self-Managed Funds
Australia bans new SMSF residential property borrowing in a Labor-Greens deal; commercial property and existing loans remain unaffected…
Egypt Replaces Capital Gains Tax on Listed Shares with Unified Stamp Duty
Egypt replaced the 10% capital gains tax on listed shares with a 0.05% unified stamp duty on transaction…
IRS Child and Dependent Care Credit Helps Parents Cover Day Camp, but Not Overnight Camp, Costs
Learn how 2026 summer day camp expenses can qualify for the Child and Dependent Care Credit, with limits…
Coca-Cola Appeals to Eleventh Circuit in $20 Billion IRS Transfer-Pricing Dispute
Coca-Cola heads to the Eleventh Circuit on June 25, 2026, appealing a $20 billion transfer-pricing tax dispute with…
Labor Strikes Deal with Greens to Reform Capital Gains Tax and Restrict Negative Gearing
Labor and Greens agree to restrict negative gearing to new builds and reform capital gains tax by July…
Frank J. Bisignano Backs One Big Beautiful Bill Act Expanding Federal Scholarship Tax Credit to 27 States
The new Federal Scholarship Tax Credit offers a $1,700 credit for K-12 donations starting in 2027, with 27…
Greens Propose Wealth Tax, Inheritance and Gift Tax, and Corporate Profits Levy
New Zealand's Green Party proposes a 2.5% wealth tax and 33% inheritance tax for 2026 to fund income…