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

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

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

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

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

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

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 ...

Business columnist Chris Blackhurst answered readers’ questions on a potential wealth tax in the UK, from fears of a ...

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

The House is expected to approve President Donald Trump’s request to claw back about $9 billion in already appropriated ...

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