Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...

If you earn income overseas and pay tax abroad, you could save big on your Indian tax bill. Claiming Foreign Tax Credit (FTC) ...

Learn how Indian residents earning foreign income can claim Foreign Tax Credit (FTC) for FY 2024-25. Understand Form 67 submission, DTAA, and ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

Gavin Newsom said on Wednesday he wants to see President Donald Trump “match the ambition” that California is enacting with this tax credit.

Foreign firms have long reinvested profits to expand their operations in the country, but geopolitical tensions have dampened ...

BEIJING - China's finance, taxation, and commerce authorities on Monday unveiled a tax incentive granting foreign investors a ...

Provisions that aim to prevent U.S. tax credits from going to China are written in a way that could shut off just about all ...

The European Commission on Wednesday proposed an EU climate target for 2040 that for the first time will allow countries to ...

Qualified overseas investors directly reinvesting distributed profits from Chinese resident enterprises into eligible ...

House of Representatives must still approve legislation, which also ends ‘de minimis’ customs protections, before sending it ...