PepsiCo Inc. should have included its snack food subsidiary Frito-Lay’s income on its Illinois tax returns because the latter ...

The Educational Choice for Children Act of 2025 would ostensibly provide a tax break on charitable donations to organizations ...

The income-tax department has sent notices to around 300 private equity firms and promoters for suspected capital gains tax ...

Using detailed financial reports from thousands of firms, the researchers found that in 2018, U.S. multinationals shifted about $20-25 billion to tax havens — far lower than prior estimates of about ...

No tax is required to be deducted at source under Sec. 195, if the amount paid by resident Indian end-users to non-resident, ...

The Educational Choice for Children Act of 2025 would provide donors to nonprofit groups that distribute private K-12 school vouchers with a dollar-for-dollar federal tax credit in exchange for their ...

South Africa has seen a surge in the number of millionaires paying taxes in the country, but even more are flying under the ...

The Income-tax Bill 2025 grants tax officers power to access digital spaces, including social media and bank accounts, to combat tax evasion, with safeguards to protect privacy and ensure compliance w ...

The Prime Minister remained tight-lipped on a commitment not to extend the freeze on income tax thresholds ahead of next week ...

Highlights,The look-through rule determines US tax liability on income from controlled foreign corporations (CFCs).,It was ...

Unlike wages, which are taxed the moment they are earned, assets are taxed only at the moment they are sold—or, in tax terms, ...

The Central Board of Direct Taxes (CBDT) has issued a circular aimed at to offer guidance on the application of the Principal ...