News

President Donald Trump’s tax and spending law opens the door for states to follow the federal government’s lead and tax a larger portion of international corporate income, vexing some business groups ...
Baker McKenzie practitioners analyze the new international tax provisions enacted as part of the “One Big Beautiful Bill” ...
Originally due on July 31, 2025, the date for filing the income tax return has been extended to September 15, 2025. According to the Financial Express, while filing ITRs, taxpayers with overseas ...
If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far-- you ...
President Bola Ahmed Tinubu made history by signing into law four comprehensive tax reform bills that promise to transform ...
Schedule FA (Foreign Assets) in the ITR form is primarily meant for reporting foreign assets, and Schedule FSI (Foreign ...
The decisions you make before leaving can shape your financial stability, tax compliance and access to essential services ...
UK Cabinet Office Minister Pat McFadden has called for election officials to consider banning political donations made in digital currencies.
The House is expected to approve President Donald Trump’s request to claw back about $9 billion for public broadcasting and ...
In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and penalties.
Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations make compliance more difficult.