Page 32 - Revenue Code News Today

The IRS Whistleblower Program helps boost the “fair and effective enforcement of our nation’s tax laws and the success of our voluntary tax system.” The IRS Whistleblower Program is...

U.S. Department of the Treasury’s Financial Crimes Enforcement Network FinCEN issued a final rule, effective Jan. 1, 2024, implementing the beneficial ownership information reporting provisions of the Corporate Transparency Act.

The cabinet on Tuesday agreed to a waiver of personal income tax for foreign actors and actresses for five years, aiming to generate more than 3.5 billion baht in revenue from investments in foreign film productions.

The archaic U.S. business tax system places U.S. businesses at a competitive disadvantage, suppressing the economy, productivity improvement, and American wages.

On October 7, 2022, Treasury issued final and temporary regulations on the income averaging rules for the low-income housing tax credit (“LIHTC”)…

On August 24, President Biden announced a highly anticipated decision on student loan forgiveness.[1] For individuals earning less than $125,000 ($250,000 for married couples)...

A group called All Together Colorado has been making ad buys on YouTube for a 30-second spot targeting Republican Matt Solomon, who is running for Colorado’s Senate District 8 seat, saying “even he calls himself...

​​​​​​​A like-kind exchange occurs when a property owner exchanges his/her property for a property of a similar kind. More technically, the property owner sells his/her property and...

The Mandsaur district administration had already demolished three houses belonging to Muslim families, and cited lack of 'building permission' as a reason for the demolitions.

After a long wait, the Parliament has now approved the amendment to the Civil and Commercial Code (CCC) to introduce a "merger" as another method of…