Understand how tax laws work, how they affect the economy, and the ways in which they can be used to achieve fiscal and social goals. Nonprofits that meet IRS criteria are exempt from federal ...

The Tax Cuts and Jobs Act (TCJA) was a major overhaul of the tax code, signed into law by President Donald Trump on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017, by a party-line vote of 51 ...

The UAE has announced new laws to transform tax collection and record-keeping for businesses in the country. Under new rules, taxpayers in the UAE will be able to standardise and automating invoicing ...

New gold taxation rules: Capital gains tax rules on gold have changed from July 23, 2024. However, the new rules are applicable to physical gold and gold jewellery and not to gold mutual funds and ...

There are no changes in the income tax laws under the old tax regime. Thus, if a taxpayer opts for the old tax regime, the calculation will be done on the rates that were applicable the previous year.

TCJA made sweeping changes to U.S. international tax law, but it did not resolve that key dilemma. Trade-offs in the law’s design mean that it did not settle either concerns about corporate tax base ...

President Bola Tinubu and the Federal Executive Council recently endorsed new policy initiatives to streamline Nigeria’s tax administration processes. The Federal Government said the new laws ...

What Does the New Tax Law Mean for Charitable Donations? The tax incentives for charitable giving haven’t gone away. Charitable donations to eligible 501(c)(3) non-profit organization, such as Save ...