Britain plans to cut its corporate tax rate to 17% over the next three years. But many businesses say they're happy with the current 19%, thank you very much. Make no mistake: Business leaders want...
Donald Trump vowed during the campaign to get rid of a tax loophole used by some millionaire and billionaire investors to slash their bills. "The hedge fund guys won't like me as much as they...
The tax overhaul bills passed by the Senate and House would likely to change your tax return in ways large and small -- which credits you can take, what you can deduct, how much you pay....
The tax bills passed by the House and the now the Senate include slightly more generous benefits for parents. Unless their children are undocumented immigrants. Currently, non-citizens filing taxes using an Individual Taxpayer Identification Number,...
In its frenzied rush to write a tax bill that could win enough votes, the Senate inadvertently weakened a powerful tool for promoting innovation. The research and development tax credit allows companies to write off...
The income tax (I-T) department has raised a massive tax demand of about Rs 24,500 crore on troubled realty-based investment firm PACL (formerly Pearls Agrotech Corp)....
Ahead of an uphill collection target for the current financial year (FY18), the income tax department has prepared a multi-pronged strategy to achieve 15.7 per cent...
How do people feel about GOP tax bill? It depends on who you ask. Some business, advocacy and trade groups have major concerns with it. Others say the tax plan will be boost the economy....
Income tax (I-T) officials fear 80 per cent of the outstanding tax demand arrears, quantified over Rs 8.4 lakh crore, is unlikely to be recovered. The...
No one likes making losses on their investments. It defeats the whole purpose of investing to earn a return. But there are circumstances when asset classes...