LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

More than one million individual taxpayers have submitted their income tax returns online so far in the current tax year, marking a significant milestone in Bangladesh's ongoing digital transformation ...

The case addressed the disallowance of Rs.1.89 Cr, which the AO treated as a donation to other trusts and deemed income under S 11(3). The ITAT deleted the addition, ruling that payments made to other ...

The Kenya Revenue Authority (KRA) has introduced new requirements for obtaining a Tax Compliance Certificate (TCC), including mandatory eTIMS/TIMS compliance.

Kenyans seeking a Tax Compliance Certificate (TCC) will now have to meet stricter conditions after the Kenya Revenue ...

Under the new framework, KRA will require full VAT compliance, including a clean record under the VAT Special Table, which ...

Giselle M. Cancio has over 10 years of editorial experience and content development in personal finance, education, travel, and sports. Her work has been published on NerdWallet, the Associated Press, ...

The Federal Board of Revenue (FBR) has extended the deadline for filing Income Tax Returns for Tax Year 2025. Originally due on September 30, 2025, the deadline had already been pushed to October 15 ...

New Delhi: Municipal Corporation of Delhi (MCD) has fully digitised the process of obtaining property tax dues and deposit certificates, aiming to simplify property transactions such as buying and ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...

The IRS released its numbers despite the ongoing government shutdown Here's what you should know about next year's tax rates on long-term capital gains. Attention, investors. Income-tax rules are here ...