Supreme Court of India Lets Revenue Seek Reconsideration on Section 148 Faceless Assessing Officers
India's Supreme Court allows Revenue to revisit quashed Section 148 notices, extending the legal battle over local vs.…
Income Tax Department Warns of Phishing Emails Causing Refund Delays
Tax authorities warn against sophisticated phishing and AI-enhanced scams targeting tax refunds and personal data in 2026; always…
HJR 203 Asks Voters to Use Homestead Exemption for Non-School Property Taxes
Florida's HJR 203 proposes phasing out non-school property taxes for homesteaded primary residences, requiring a 60% voter approval…
Poland Weighs Compensatory Tax Targeting Digital Services Tax
Poland proposes a 3% Digital Services Tax on advertising and marketplaces, targeting large platforms with Polish revenue starting…
Master Section 2(22)(e) Deemed Dividend Rules Under Finance Act 2025
Finance Act 2025 clarifies Section 2(22)(e) deemed dividends, emphasizing a shareholder-centric approach to prevent litigation and tax disguised…
GSTN Launches Rule 14A Withdrawal Facility with Aadhaar Authentication
India's GST portal now allows Rule 14A withdrawal via Form REG-32, requiring Aadhaar authentication and full return compliance…
DOJ Tax Attorneys Shift Focus to Immigration Enforcement and Nonprofits
DOJ reorganizes to merge tax and immigration enforcement, increasing scrutiny on fraud, nonprofits, and cross-agency data matching starting…
Distilled Spirits Council Pushes Maryland House Bill 736 to Fix Tax Inequity
Maryland HB 736 proposes cutting spirits-based RTD cocktail excise taxes by 60%, moving the rate from $1.50 to…
Kentucky Lawmakers Weigh Property Tax Freeze Amendment for Seniors
Kentucky seniors must apply for the homestead exemption by Dec 31, 2026, as the state considers a new…
HMRC Eases Making Tax Digital Push for 661 Income Tax Filers
HMRC grants 661 MTD exemptions as the UK prepares for mandatory digital tax reporting for sole traders and…
Illinois Governor JB Pritzker Seeks Pause on Data Center Tax Credits in PJM Region
Governor Pritzker proposes a 2-year pause on Illinois data center tax credits to prevent massive energy price hikes…
Tobacco Tax Overhaul 2026 Sets 40% GST and RSP-Based Valuation
India's 2026 tobacco tax remains at 28% GST; claims of a 40% hike or RSP-based valuation are false.…
IMF Warns Japan Against Sales Tax Cut Ahead of Article IV Consultation
The IMF warns Japan against broad food tax cuts, favoring targeted relief to protect fiscal stability and social…
Supreme Court Rules on GST Refunds with Justice JB Pardiwala
Indian businesses cautioned against unverified reports of a 2026 Supreme Court GST ruling while managing tax incidence rules…