Taxes

Latest in Taxes

Ohio Distributes Tax Under Senate Bill 56 to Host Community Cannabis Fund

Ohio distributed its first $33 million in cannabis tax revenue to over 100 municipalities under the new Host Community Cannabis…

OECD Inclusive Framework Keeps Pillar Two Global Minimum Tax Side-By-Side

Beginning in 2026, U.S. multinationals face new Pillar Two requirements under the side-by-side approach. This guidance offers a compliance off-ramp…

R&D Tax Relief, Hmrc’s Additional Information Form, United Kingdom’s HM Revenue and Customs (hmrc) Update

UK R&D tax claims now require a mandatory digital Additional Information Form (AIF) filed before the tax return. Failure to…

Guidance Clarifies Inventory Rules Under U.S. Tax Law for Visa Holders

A comprehensive overview for visa holders on managing business inventory for U.S. tax purposes. It distinguishes between immigration work rules…

HMRC Publishes Automotive Tax Defaults Totaling £446,217.06

HMRC has publicly listed five UK automotive businesses for deliberate tax defaults, totaling over £700,000 in tax and penalties. This…

Dutch Tax Unrealized Gains Box 3 Actual Return Tax Law January 1, 2028

The Dutch government is transitioning to a 36% tax on actual annual investment returns, including unrealized paper gains, effective January…

IRS Confirms Warrior Dividend, $1,776 Tax-Free for U.S. Service Members

IRS news release IR-2026-09 confirms the military Warrior Dividend is tax-free. However, the broader 2025 legislative package introduces a 1%…

Trump, Davos, H-1B Meet with Top Indian Ceos Over Trade Tariffs

The U.S. is implementing a wage-weighted H-1B lottery system starting February 2026, favoring high-paid roles. During a Davos meeting, President…