The Latest Breaking News from Income Tax

Uganda is one of the countries most exposed to recent cuts in international aid, particularly with the dissolution of the US Agency for International Development (USAID). In 2023, about 5% of gross national income – a measure of a country’s total income, including income from foreign sources – was received…

The Florida Panthers are two wins away from being the fifth Stanley Cup champion in the past six years to based in a U.S. state with no income tax

In this week's Ask the Editor Q&A, we answer tax questions from readers on the House-passed “One Big Beautiful Bill.”

India’s wealthy elite love their cash – not just for convenience, but for what it hides. Despite a surge in digital payments, stacks of unaccounted currency still fuel real estate deals and many economic activities in the informal part of the economy, leading to tax dodging and funding of election…

The number of people paying the 40% rate has increased from 4.4 million to 7.4 million in the last five years.

Facing backlash amid the 2002 Gujarat riots, then Chief Minister Narendra Modi wrote a letter to a prominent Gujarati newspaper, reportedly appreciating its coverage of the incident. The same coverage had been termed as a “clear violation of all accepted norms of media ethics” by an Editors Guild of India…

A chief wealth strategist makes some suggestions about how to better position yourself financially while coping with economic uncertainty.

The U.S. Senate has approved the 'No Tax on Tips' Act, aiming to eliminate federal income tax on tips, with bipartisan support.

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