Trump Family Loses Tax Immunity Following New Ruling by Federal Judge
A federal judge voided Donald Trump’s IRS settlement on July 13, 2026, removing his tax immunity and sanctioning…
EPFO Launches Amnesty Scheme 2026 for Retrospective PF Trust Regularisation
EPFO launches a 6-month amnesty until Dec 29, 2026, allowing private PF trusts to gain retrospective legal recognition…
Income Tax Department Probes 60 Top Restaurants in Nagpur for Tax Evasion
Nagpur tax authorities reopen assessments for 60+ restaurants after AI analysis reveals widespread sales suppression and billing data…
UAE Employment Visa vs Golden Visa: Work Permit and Residence Differences Explained
Compare UAE Employment and Golden Visas: Learn about residence independence, work permit requirements, and tax obligations for expatriates…
IRS Yet to Rule If 2026 FIFA World Cup Prediction Markets Are Gambling
The IRS has not yet clarified if 2026 World Cup prediction market wagers are gambling or investments, impacting…
Schedule FA, Assessment Year 2026-27: Report Foreign Shares, Bank Accounts and Restricted Stock Units
Indian residents must report 2025 calendar-year foreign assets in Schedule FA for AY 2026-27 to avoid 10 lakh…
UAE Federal Tax Authority Sets AED 375,000 as Mandatory VAT Registration Threshold for Businesses
UAE VAT registration is mandatory at 375,000 AED and voluntary at 187,500 AED. Businesses must apply via EmaraTax…
UAE Natural Person Corporate Tax Registration: FTA Rules for Freelancers and Consultants
Natural persons in the UAE must register for Corporate Tax once business turnover exceeds AED 1 million. Salary…
New Zealand Visitor Visa Now Allows Remote Work: Digital Nomads Gain Tax Exemption
New Zealand allows remote work for overseas employers on visitor visas, with tax exemptions starting April 2026 for…
Medicare Levy Exemption for Foreign Residents: Temporary Visa Holders Should Check Eligibility
Temporary visa holders in Australia can claim Medicare levy exemptions for 2026 by obtaining a Medicare Entitlement Statement…
TIGTA: IRS Missed Hiring Goals for 2026 Tax Season, Impacting Service
The IRS faces a 58% hiring shortfall and 2.4 million backlogged items in 2026, leading to significant delays…
Ulster County for Fair Taxes Act Advances Through Ways and Means Committee
Ulster County advances an 18.75% tax surcharge for high earners. The measure targets income over $250,000 but awaits…
HMRC Claws Back £266M from Capital Gains Tax Investigations
HMRC recovers £266 million in capital gains tax. U.S. expats and U.K. residents must manage dual reporting and…
Karnataka High Court Hears Same-Sex Couple’s Challenge to Section 56(2)(x) Gift Tax Exemption for Spouses
A Karnataka High Court case is challenging Section 56(2)(x) of India’s Income Tax Act after a same-sex couple…