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 ...

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

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

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

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

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 ...

The House is expected to approve President Donald Trump’s request to claw back about $9 billion for public broadcasting and ...

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

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