The Federal Circuit handed expat taxpayers back-to-back losses, ruling that certain US tax treaties don’t permit offsetting a 3.8% net investment income tax with foreign tax credits, but practitioners ...

New York City homeowners trying to escape their pied-à-terre tax liability have a slew of legal strategies to consider as they await their first bills, according to practitioners.

A taxpayer can continue her legal action against the IRS after the US Tax Court said Wednesday that the agency couldn’t prove ...

The Liechtenstein Fiscal Authority Sept. 2 posted online a synthesized text of the 2015 DTA and protocol with Georgia, and the Multilateral Convention to Implement Tax Treaty Related Measures to ...

The IRS on Thursday proposed rules that provide more details on what types of race-based programs private colleges and ...

The US Treasury Department escalated an effort to strip schools, including universities, of their special tax-exempt status if they consider race in admissions, scholarships or other areas, a ...

The U.S. Court of Appeals for the Eleventh Circuit held that the IRS did not abuse its discretion in rejecting a taxpayer’s offer in compromise under I.R.C. §7122 based on ...

The Australian government on Thursday opened for public comment draft legislation to apply a 30% minimum tax on income made from discretionary trusts.

The Finnish government has submitted to Parliament a bill that would cut the corporate income tax rate to 18% beginning in 2027 and extend the maximum business loss carryforward period to 25 years.

The US trade deficit widened sharply in July to the largest since early 2025, reflecting a surge in imports of computers and other technology equipment.

The hourly minimum wage in Petaluma, California, will increase to $18.93 from $18.31 effective Jan. 1, 2027, according to a Sept. 2 update on the city’s website. Petaluma has a separate learner’s wage ...