The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and other transactions. This form replaces the older Form 13, with ...

Where an account is held jointly by a couple who are married or in a civil partnership, the law treats the interest income received as taxable on them in equal shares. There is, however, an exception ...

While still open for stakeholder consultation, the Income Tax 2026 draft offers the clearest indication yet of how the ...

Foreign Assets of Small Taxpayers Disclosure Scheme focuses on dormant or low-value foreign bank accounts of former students, as well as savings of returning non-residents.

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Lea Uradu, J.D., is a Maryland state ...

Three weeks into the rollout of the new tax system, the tax department has already identified a series of targeted adjustments aimed largely at easing the burden on natural persons, with the House of ...

Speculation and Vacancy Tax declaration letters will soon be showing up at homes in many Thompson-Okanagan communities. Thursday, the provincial government announced it will be mailing out letters to ...

Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm. Some forms are ...

Resolution No68-NQ/TW of the Politburo on private sector development sets the goal of abolishing the lump-sum tax regime for household businesses no later than 2026. Instead, household businesses will ...

Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...

With the start of tax season just a few weeks away, the deadline for employers to send out W-2 forms is quickly approaching. Employers must provide employees with their W-2 forms by January 31, ...