Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations make compliance more difficult.

Schedule FA (Foreign Assets) in the ITR form is primarily meant for reporting foreign assets, and Schedule FSI (Foreign ...

International - For most American expats living in Britain, a life overseas means having the ongoing nightmare of dual ...

From crypto coins to bibles, overseas development deals to an upcoming line of cellphones, President Donald Trump's family ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

Thailand’s crypto tax holiday runs through 2029, but only for trades on licensed platforms. Here’s what traders must know ...

Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

SARS tax season opened with technical problems, but major updates to filing rules and form changes are now in effect.

Banks this month started to implement the uniform 20% final withholding tax (FWT) on interest income, regardless of the term ...

A confidential investigation by the Income Tax Department has revealed a disturbing trend of radical Islamic expansion along the Indo-Nepal border. The report, sent to the Union Home Ministry earlier ...

Making Tax Digital (MTD) for Income Tax represents HMRC's digital transformation of the UK tax system for self-employed ...

UK Cabinet Office Minister Pat McFadden has called for election officials to consider banning political donations made in digital currencies.