The Child Tax Credit (CTC) is a tax benefit provided to families with dependent children to help reduce their tax...

The Pakistan Supreme Court has held that input tax adjustments are allowed even on destroyed goods. The bench of...

The US Tax Court has imposed the fraud penalty for tax evasion on unreported income. The bench of Justice Goeke has...

Unlike Indian scenarios and rulings on taxability of IT software rentals, the Supreme Court of Pakistan has held that...

Switzerland has suspended the unilateral application of Most Favoured Nation (MFN) clause with India under Double Tax...

The European Court of Justice stated that taxpayer may ask for refund of excess VAT within 12 months from ceasing...

West Indies Vs England : The comparison of 10 tax facts you are unaware: Table of ContentsWest Indies Vs England :...

Deadline To File Tax Return and Settle Corporate Tax has been notified by the Federal Tax Authority (FTA) of the United...

The US Tax Court has held that gift tax is not applicable on assets distribution to surviving spouse pursuant to...

The US Tax Court remanded the case for Appeals to reconsider petitioners’ ability to pay, and to afford petitioners a...

The US Tax Court held that the assessee is not liable for tax on cancellation of indebtedness income but is liable for...