Any monetary gift a non-resident receives from a resident is taxable in India if the total exceeds ₹50,000, according to the ...

Learn how dividend exclusion allows corporations to avoid double taxation on received dividends, enhancing net income and growth potential.

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on itemized deductions claimed on Schedule A of Form 1040 ...

Donating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified ...

The Income Tax Department is reaching out to taxpayers with bulk emails about disclosing foreign assets/income information ...

Tax experts say that omissions, data mismatches, and common assumptions were the primary causes of defective returns, ...

Learn how earnings stripping allows corporations to reduce U.S. taxes through profit shifting and discover regulatory ...

Foreign companies operating in Libya face source-based taxation even without a local presence. Multinationals must understand ...

As corporate tax teams finalize their 2025 strategies following the One Big Beautiful Bill Act, savvy leaders are already ...