The Income Tax Department has access to global financial data through international frameworks like the Common Reporting ...

On May 27, the Federal Communications Commission (FCC) opened two rulemaking proceedings aimed at foreign involvement in U.S. communications ...

Revenue Ruling 2025‑15 (available here) provides guidance on withholding and reporting obligations when a plan participant or beneficiary fails to cash a distribution check and a replacement check is ...

President Donald Trump signed into law P.L. 119-21, the “One Big Beautiful Bill Act” (OBBBA), enacting significant changes to the US ...

Baker McKenzie practitioners analyze the new international tax provisions enacted as part of the “One Big Beautiful Bill” ...

Originally due on July 31, 2025, the date for filing the income tax return has been extended to September 15, 2025. According to the Financial Express, while filing ITRs, taxpayers with overseas ...

If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far-- you ...

Schedule FA (Foreign Assets) in the ITR form is primarily meant for reporting foreign assets, and Schedule FSI (Foreign ...

UK Cabinet Office Minister Pat McFadden has called for election officials to consider banning political donations made in digital currencies.