The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

Finance Secretary Ralph Recto said Thursday the recently signed double taxation agreement (DTA) with Cambodia would help ...

The Federal Emergency Management Agency has rescinded more than $80 million in funding to New York City, city officials said ...

A group of nine senators on the Environment and Public Works Committee said on Tuesday the Trump administration is illegally ...

As the campaign period for those vying national positions in the 2025 mid-term polls officially started, the Bureau of ...

In the case of government bonds, a 20 percent final withholding tax (FWT) is generally imposed on the interest income of a non-resident investor. A lower rate may be claimed by the non-resident under ...

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 Tax Cuts and Jobs Act (TCJA) was a major overhaul of the tax code, signed into law by President Donald Trump in his first term on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017 ...

If that's the case for you, it's a smart move to pay estimated taxes four times a year. You also need to make these payments if you have other revenue not subject to withholding, such as interest ...

They have no income tax, no property taxes, no capital gains taxes, no payroll taxes, and no withholding tax. A tax haven is any jurisdiction (typically a country) with very favorable tax laws and ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Economic security programs include: the refundable portions of the Earned Income Tax Credit and Child Tax Credit, which assist low- and moderate-income working families; programs that provide cash ...