An £8 million defamation claim against a high-profile tax commentator and former magic circle partner has become the first ...

Supreme Court emphasizes the need for robust tax laws to tackle evasion, addressing concerns over search and seizure procedures.

The Income-tax Act, 2025 reorganises the capital gains taxation framework while retaining the core principles of the earlier law. It clarifies definitions, holding periods, and tax treatment of gains ...

Gov. Ferguson called the session successful, pointing to investments in housing and infrastructure and the adoption of a new tax on income above $1 million.

Courts have held that lump-sum alimony received under a divorce settlement is a capital receipt outside the scope of taxable income. However, periodic maintenance payments remain taxable in the ...

The taxation of royalties had not changed, even with the amendments introduced by the Capital Markets Efficiency Promotion Act (CMEPA). Yet to some, there is confusion. To provide clarity, let me ...

Experts warn that without stronger enforcement and clearer rules on corporate liability, the U.K. will continue to struggle ...

A new tax break on overtime pay will save money for many workers. But the savings are less than you'd expect based on what doesn't qualify.

Six years ago, the Supreme Court held that nearly half of the state of Oklahoma was still legally considered Indian country. State officials have gone to great lengths to refuse to apply the court’s ...

Unfamiliarity and/or confusion regarding the many new laws can make even the most sophisticated companies unwittingly ...

When the Los Angeles chapter of 50501, one of the loosely organized groups behind the No Kings marches against President Trump over the past year, heard about a proposed initiative to tax Californian ...

New Income Tax Rules, 1962, mandate banks to gather extensive details on account holders and controlling individuals. This includes self-certification status, joint account specifics, and the nature ...