But the numbers do not tell the whole story. While US streaming services continue to pump billions into Britain, attracted by its generous tax breaks and deep pool of creative talent, domestic ...

Musk's DOGE Fires Federal Tech Team That Built Free Tax-Filing Site By Raphael Satter WASHINGTON (Reuters) -The Trump administration has pulled the plug on a team of tech-savvy civil servants that ...

Minister of Finance and Media Mangala Samaraweera stated that the new Inland Revenue Act is drafted as a transparent tax policy beneficial for both local and foreign parties, doing away with several ...

Show Pros, Cons, and More An icon in the shape of an angle pointing down. TaxSlayer offers one free federal and one state return with its TaxSlayer Simply Free. up to $52.95 for federal tax return ...

My client has dual UK and Belgian nationality. He is looking for assistance with arranging his affairs for inheritance tax in both countries. I do not deal with inheritance tax, but I have said that I ...

2017's Tax Cuts and Jobs Act, are set to expire this year. The legislation lowered tax rates for many Americans and shifted tax brackets. For many everyday Americans, TCJA's expiration would mean ...

The Inflation Reduction Act, signed into law by President Joe Biden in 2022, gave the IRS $80 billion and the ability to hire tens of thousands of new employees to help with customer service and ...

Australian gold miner St Barbara has rejected a tax assessment issued by Papua New Guinea’s Internal Revenue Commission (IRC), which demands about A$175-million in additional taxes and penalties.

Income taxation is a hot and very sensitive topic in Papua New Guinea. Last January’s Port Moresby riots were provoked by the police going on strike after a payroll ...

The IRS, of course, has extensive and complex data systems containing highly sensitive personal and financial information on more than 100 million individual tax filers and businesses. Those ...

The existing Income Tax Act of 1961 has been amended numerous times, “overburdening” the law and making its language complex, argues the new IT Bill. This, it says, has increased compliance ...