FCRA Amendment Bill 2026: Asset-Vesting Process Could Seize Foreign-Funded Assets
India's 2026 FCRA Amendment Bill proposes government seizure of assets built with foreign funds if NGO registrations expire…
India Reviews ₹36.27 Lakh Crore Uncollectible Tax Demands via Finance Ministry Panel
India reviews ₹36.27 lakh crore in uncollectible tax arrears. The panel seeks administrative cleanup, but existing liabilities remain…
IRS Notice 2026-28 Clarifies Premium Method for Working Families Tax Cuts
The IRS Notice 2026-28 allows employers to claim the Section 45S tax credit on insurance premiums for paid…
South Africa’s ETA to Expand to All Visa-Exempt Nationalities in September
South Africa launches its digital ETA system on August 12, 2026, at OR Tambo Airport, expanding to visa-exempt…
National Treasury Employees Union Sues IRS to Protect Workers and Tax System
IRS union joins lawsuit against President Trump's tax audit immunity, citing constitutional violations and threats to the integrity…
1099-DA Crypto Tax Guide: Prove Cost Basis to IRS Auditors
IRS Form 1099-DA guidance for 2026 requires taxpayers to document crypto cost basis to avoid overtaxation and satisfy…
Vietnam Proposes 30% Income Tax Cut for Small Firms and Household Businesses Up to VND 10 Billion
Vietnam proposes a 30% income tax cut for small businesses and individuals with revenue under 10 billion VND…
IRS and DHS Gain Super-Creditor Powers to Seize Assets from Heirs Who Skip Tax Filing
The IRS utilizes super-creditor powers and ICE data-sharing to seize assets for unpaid taxes, with estate exemptions rising…
Supreme Court to Rule If Processed Seeds Sale Is Business Income, Not Ag Income
India's Supreme Court to decide if processed seed sales qualify for agricultural tax exemptions under Section 10(1) in…
Biggs Plans to Revive Hobbs’ Vetoed Bills and Eliminate State Income Tax
Andy Biggs' 2026 platform vows to eliminate Arizona's income tax and mandate local ICE cooperation, while USCIS tightens…
IRS Transitions Saver’s Credit to Saver’s Match for 2027 Contributions
The IRS announced the 2027 Saver's Match program, offering a 50% federal match up to $1,000 for retirement…
IRS Adds Digital-First Payment and Notice Features to Business Tax Account
The IRS expanded its Business Tax Account on August 6, 2026, adding digital tools for notices, EIN verification,…
Florida’s June Revenue Boosted by Corporate Income Tax Receipts, Study Shows
Florida reports a $284.1M revenue surplus for June 2026, led by corporate taxes, even as sales tax and…
UPI Transactions Safe as Lok Sabha Bill Clears MDR Confusion
Finance Minister Sitharaman confirms UPI remains free for consumers as new 2026 legislation shifts potential merchant fees to…