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…
Vietnam Foreign Work Permit Handling Reverts to Department of Home Affairs
Vietnam centralizes work permit intake at the Department of Home Affairs starting June 20, 2026, ending ward-level application…
Labor Faces Senate Fight to Pass Watered-Down Tax Changes
Labor struggles to pass revised tax changes in Australia's Senate as startup founders warn of potential talent exodus…
India Authorizes Ethanol and Synthetic Fuel Blending for Aviation Sector Emissions
India authorizes ethanol blending in jet fuel, mandating a 1% SAF blend for international flights by Jan 2027…
Indian H-1B Techie Sues Texas IT Firm Progress Solutions Over $100,000 Cash Demand
Texas H-1B worker sues Progress Solutions Inc. for $100k cash demands and labor trafficking amid a 2026 federal…
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…
Budget Tax Changes Trigger Clear Pivot as 50% CGT Discount and Negative Gearing Shift
Australia replaces the 50% CGT discount with 30% minimum tax and indexation by 2027. Negative gearing will be…
Bangladesh Eases FY 2025–26 Finance Ordinance, Exempts Agricultural Income from Minimum Tax
Bangladesh's FY 2025-26 Finance Ordinance raises tax-free thresholds, cuts withholding on essentials, and offers solar energy tax exemptions…
IRS to Merge Office of Professional Responsibility and Return Preparer Office Despite AICPA Opposition
IRS proposes office merger as 2026 tax deadlines approach. Immigrants must track FBAR and 1040-NR rules while verifying…
Landlords Bring Sales Forward as Higher Residential CGT Rate Ends Business Asset Disposal Relief
UK landlords face a reshaped tax market in 2026 following the end of the holiday let regime and…
17,000 Spirit Airlines Employees Lose Longevity Bonuses as Shutdown Forces Career Reset
Spirit Airlines shuts down in June 2026, leaving 17,000 workers to navigate job fairs and seniority loss as…
MOHRE Enforces Federal Decree-Law No. 33 of 2021, Imposes One-Year Permit Ban
MOHRE clarifies 2026 UAE job transfer rules, grace periods, and conditions for one-year work permit bans following contract…
Tiger Global Tax Ruling Prompts GAAR Grandfathering Review for Foreign Investors
India's 2026 GAAR amendment shields pre-2017 investment transfers from anti-abuse rules, though broader offshore structures face continued scrutiny…
Deloitte to Cut Parental Leave by Half, Remove $50K in Family-Building Benefits for Some U.S. Staff
Deloitte to cut parental leave, PTO, and $50k in IVF benefits for internal U.S. support roles under a…