New York And New Jersey Have The Worst Tax Codes According To New Study
According to a new index from the Tax Foundation, New York and New Jersey have the worst tax systems while Wyoming and South ...
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What corporates need to know about new tax rules on charitable donations
Kenyan corporate donors will need to check that the charitable organisations to which they donate hold a valid income tax ...
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New income tax rules: How to qualify for interest waiver or reduction on delayed payments
The Central Board of Direct Taxes (CBDT) issued a circular on November 4 that outlines the monetary limits for waivers or ...
Planning to exchange old jewellery for new? Know the income tax rules
Finance Minister Nirmala Sitharaman in Budget 2024 amended the rules relating to capital gains. Under the new rules, any ...
JD Supra23h
Taxing carried interest in the UK: the new regime announced in the Labour government’s Autumn Budget 2024
On Wednesday 30 October 2024, the UK government announced changes to the UK taxation of carried interest as part of the 2024 ...
3 New Required Minimum Distribution (RMD) Rules Everyone Should Know For 2024
The new rule applies to anyone who inherited an IRA from someone who passed away after Dec. 31, 2019. There are exceptions ...
EV Tax Credits: What’s New and Who Qualifies?
Learn about EV tax credits — who qualifies, income limits and how to claim up to $7,500 for electric vehicles. Find out if ...
Is Vehicle Sales Tax Deductible? What You Need To Know
Learn how to claim a vehicle sales tax deduction and lessen your tax burden. Find out who qualifies and how you can claim and ...
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Union Budget 2025: Govt may unveil simplified direct tax code to reduce litigation and boost compliance
TV18 that the ongoing comprehensive review of direct tax laws aims to ease legal hurdles and reduce the litigation burden for ...
I'm 41, if I died would my children now face inheritance tax on my pension?
My children would have been able to have the house, our savings and pensions without losing any money to inheritance tax.
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Planning to exchange old jewellery for new? Know the income tax rules
Under the new rules, any non-financial asset -- when sold ... You can, meanwhile, seek an exemption on income tax when you use the sale proceeds to buy a property. "Under section 54F, one can ...