Taxes
Tax filing requirements for immigrants, visa holders, expats, and NRIs. Covers 2026 brackets, treaty benefits, FBAR and FATCA compliance, ITIN applications, and state tax obligations for non-residents.
Income-Tax Act, 2025 Takes Over in 2026, While Income-Tax Rules, 2026 Keep 1961 Cases Going
India replaces the 1961 Income-tax Act with the simplified 2025 Act on 1 April 2026, using a mapping utility to bridge old and new statutory provisions.
Income-Tax Act, 2025, Income-Tax Rules, 2026 Keep 1961 Act Alive for Old Years
India launches the Income-tax Act 2025 to replace the 1961 law, simplifying forms and sections while preserving old…
Section 50C Capital Gains Guide Under the Income Tax Act After 2024 Changes
India's capital gains overhaul makes Section 50C critical for property sellers as indexation ends and new 12.5% rates…
Oxford Economics: Holiday Tax (visitor Levy) Could Mean £1.6 Billion Tax Rise for Consumers
The UK is considering a visitor levy for England that could allow regional mayors to tax overnight stays,…
Section 45(2) Explains Capital-Gains Tax on Stock-In-Trade Conversions
Learn how Section 45(2) splits asset gains into capital gains and business income using FMV on conversion, with…
2026 U.S. Business Deductions: What Nris, H-1B, Schedule C Filers Need
IRS updates 2026 business deductions: mileage rises to 72.5¢ and interest thresholds to $32M. Gift limits and travel…
Sweden Proposes Fuel Tax Cut as Strait of Hormuz Oil Deliveries Squeeze Prices
Sweden proposes a temporary fuel tax cut from May 1 to Sept 30, 2026, reducing petrol by 1…
2026 U.S. Reimbursement Rules Change for Nris, H-1B Professionals, F-1 Students
New 2026 IRS rules make moving reimbursements taxable for most workers. Accountable plans and $340 monthly transit limits…
2026 U.S. Compensation Rules Affect Nris, H-1B, F-1 Students on OPT or CPT
A guide to 2026 U.S. tax labels, thresholds, and residency rules for H-1B, F-1 students, and NRIs, including…
How the STR Loophole Requires Average Stay ≤7 Days, Material Participation Test
Learn how the 2026 STR Loophole allows short-term rental owners to offset W-2 income with rental losses by…