The Latest Breaking News from Income Tax

Usually, assets worth more than £325,000 are taxed at 40% when inherited by an individual in the UK but King Charles won't have to pay up.

The Centre for Policy Research, which has recently come under the tax scanner for alleged irregularities in funding, prides itself on staying true to its “non-partisan” and “independent” values. Since its inception in 1973, the think tank has undertaken studies on almost every topic under the sun, and its academic…

Australia Institute urges 60% income tax on earnings above $1m a year

The signatories expressed their solidarity with “all of us” and termed the recent actions alarming and unfounded.

Monarch is exempt under 1993 agreement but Charles will pay income tax as his mother did

‘Sensible’ to use windfall levy or solidarity taxes to limit extra borrowing, says thinktank

In December 2021, renewal of FCRA licence was denied, says Oxfam India

On Sept. 7, Reclaim Idaho withdrew Proposition 1 from the November ballot after the state Legislature passed House Bill 1 (HB 1) during its special legislative session on Sept. 1.

Seven states have tax policies on the books that could require them to treat student loans canceled by the federal government as taxable income.

The Income Tax (I-T) Department conducted “surveys” at the premises of two think tanks and a charity

The Albanese government has something of an embarrassment of intellectual riches, with no less than three of its MPs holding PhDs in economics. Two of them, Andrew Charlton and Andrew Leigh, are also prolific authors with at least a dozen books between them.