For American expats, owning rental property abroad is a smart way to diversify and earn extra income. However, if you’re a US ...

This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

You are already holding high levels of cash, so you could consider investing some of your money into a stocks and shares Isa each year, to help protect a chunk of your wealth from inflation over the ...

Jim Chalmers’ hopes of a recovery in the business sector have been dealt a blow after private investment recorded its biggest annual contraction since 2020, shocking economists, dampening future ...

Getty Images, Chris Hondros / Staff Both capital gains and dividend income are sources of profit for shareholders and create potential tax liabilities ... for a capital expenditure of $2,500 ...

Allowable deductions are expenses you incur in producing assessable ... off against capital gains realised in future years. Capital gains tax is not payable until investments are actually sold.

However, the exemption of personal income tax on foreign-sourced income will apply for only two years: the year in which the ...

Faced with a projected $16 billion deficit over the next four years, Washington Governor Bob Ferguson formally signed into ...

A full inheritance tax (IHT) review should not only look at the farming and business assets, but draw up a list of all items ...

ITAT Chennai held that waiver of amount of loan, whether principal or interest component, cannot be brought to tax under section 41 (1) of the Income Tax Act. Accordingly, appeal of assessee allowed ...

One of the significant inclusions in the new form is the separation of capital gains based ... so as help tax authorities to assess the organisation's income and expenditure accurately.