NBR cancelled two tax benefits: the income tax exemption for the Shuchona Foundation and the tax exemption on donation amounts made by individuals and organisations to the foundation ...

Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...

The generation-skipping trust tax exclusion is the same as the gift and estate tax lifetime exemption: $13.99 million for single taxpayers in tax year 2025 or $27.98 million for couples filing ...

According to the sources, the meeting will also discuss the proposed removal of the tax exemption for five-marla houses in Rawalpindi. "The director general of the Excise, Taxation, and Narcotics ...

What is a tax exemption, and why should you care? Wouldn’t it be great to pay less in taxes and keep more of your hard-earned money? That’s exactly what tax exemptions help you do. These are ...

Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. expressed openness to a proposed moratorium on the annual increase in excise taxes on tobacco products, provided that the agency's tax ...

A soliciting person who beneficially owns less than $5 million of the securities is still permitted to submit a Notice of Exempt Solicitation on a voluntary basis, provided that the written ...

At H&R Block, George Agurkis, director of government relations, issued a statement saying the company looks forward to engaging with the incoming administration and DOGE regarding tax ...

The ambitious new drama, “Regarding Us,” now available on demand, addresses a host of important LGBTQ+ issues, from the gay vs. God debate, to queer parenting and parenting queer children, as well as ...

The Wisconsin Department of Revenue (DOR) released a 2025 Guide for Board of Review Members, and by implication, tax professionals dealing with—and homeowners subject to—property tax appeals, which ...