International Taxation
UAE Clarifies 80% Tax Rule for REIT Investors Ahead of 2025 Corporate Tax Implementation
The United Arab Emirates Federal Tax Authority (FTA) has issued a comprehensive clarification on the Corporate Tax rules affecting investors in Real Estate Investment...
India-UK FTA: UK Wines Excluded from Duty Cuts, Limited Relief for Beer Imports
In the recently finalized India-UK Free Trade Agreement (FTA), India has opted to exclude UK wines from immediate duty reductions, while offering limited concessions...
U.S. and China Agree to 90-Day Tariff Reduction, Easing Trade Tensions
In a significant development aimed at de-escalating ongoing trade tensions, the United States and China have agreed to a substantial reduction in tariffs for...
Trump Hikes China Tariffs to 125%, Suspends Tariffs on Most Nations for 90 Days
President Donald Trump announced on April 9, 2025, a 90-day suspension of new tariffs for most nations, while escalating tariffs on Chinese imports to...
Canada Approves $7,500 New Tax Credit for Home Renovations: Check Eligibility, Payment Dates and How to Apply
April 2025 | Ottawa — In a move to support low-income and rural households, the Government of Canada has approved a new $7,500 Home...
Trump Administration Corrects Tariff Rate on Indian Steel Imports to 26% in Updated White House Document
In a recent revision of a White House trade document, the Trump administration has corrected an earlier clerical error that had pegged the tariff...
New US Tariffs Ranging from 10% to 50% Take Effect in Two Phases
In a significant development in global trade, the United States has announced an Executive Order imposing additional ad-valorem duties on imports from all trading...
The Effect of the 27% Reciprocal Tariff: Minimal Impact on India, Higher Prices for Americans
The recent imposition of a 27% reciprocal tariff on certain Indian exports has raised concerns in global trade circles, but its actual impact on...