Corporate Tax Rate Stays at 21% Despite Bank Tax Rumors
The 2026 federal corporate tax rate stays at 21%. Businesses must ignore false bank tax claims and meet…
Federal Court Rules Income Tax on Immovable Properties Confiscatory Under Section 7E
Pakistan’s FCC reportedly labels Section 7E property tax as 'confiscatory,' potentially reshaping tax demands for immovable property and…
Mount Vernon City Schools Plan Facilities Master Plan, Put 1% Earned Income Tax Levy on November Ballot
Mount Vernon City Schools seeks to pass a 1% earned income tax levy on the November 2026 ballot…
GOP Proposes Indexing Capital Gains to Inflation, Potentially Cutting Investor Taxes
Republicans propose indexing capital gains to inflation or cutting rates to 15% for 2026. Current laws remain in…
Working Australians Tax Offset Announced as CGT Discount Faces Overhaul
Labor proposes replacing the 50% CGT discount with indexation and a 30% minimum rate from 2027, paired with…
Taxpayer Advocate Says IRS Wrongly Seized $133,000 Retirement Fund in Error
A Florida teacher fights to recover $133k after the IRS seized her retirement funds based on a debt…
Labour Promises Free Maternity Scans and Medicard, Funded by Targeted Capital Gains Tax
Labour proposes a targeted capital gains tax on property profits from 2027 to fund free doctor visits and…
₹10,000 Crore Cost Looms as FPI Debt Tax Relief Takes Effect Under 2026 Ordinance
India exempts foreign investors from taxes on government securities interest and capital gains as of June 2026, boosting…
RBI Eases Investment Rules for Nris and Ocis, Allows Designated Repatriable Rupee Accounts
RBI updates 2026 foreign investment rules with higher caps and mandatory designated rupee accounts for NRIs, OCIs, and…
RBI Eases FPI Rules, Removing Concentration Limits for Persons Resident Outside India
The RBI eases Indian equity access for non-residents, but U.S. tax residents must still report all 2026 Indian…
NCW Chief Vijaya Rahatkar Demands 3-Day Reports on Punjab NRI Marriage Frauds
NCW mandates 3-day reports from Punjab Police to tackle 32,000 NRI marriage fraud cases involving abandoned women and…
U.S. Senior Deduction Offers Up to $6,000. Can Resident Aliens Claim It?
New U.S. tax rules for 2026 allow seniors 65+ to deduct up to $6,000. Green card holders and…
Sri Lankan Government Considers Partial Sale of Cash-Strapped Srilankan Airlines
Sri Lanka seeks a partial sale of SriLankan Airlines in 2026, retaining majority control while inviting investors to…
Buncombe County Adopts Lower 43.2 Cent Tax Rate, But Bills Rise for Most
Buncombe County sets 43.2 cent tax rate for 2026. Higher property valuations mean most residents will see increased…