The Tribunal held that delay in filing Form 67 is a procedural lapse. It restored the matter to the AO to verify and allow Foreign Tax Credit if ...

China has unveiled detailed guidance on a new tax credit policy aimed at encouraging foreign investors to reinvest their profits in the country, as it steps up efforts to stabilize foreign capital ...

US expat parents, take note. Using the Foreign Earned Income Exclusion (FEIE) could make you ineligible for the refundable ...

New US tax rules restricting foreign-linked entities are dividing the energy tax credit market and complicating investment, ...

Indian taxpayers earning foreign income must file Form 67 by March 31, 2026 to claim foreign tax credit for FY 2024–25. Learn who must file and how to comply.

Dividends automatically reinvested into additional shares often go unreported as employees assume no taxable income will arise when no cash is credited ...

The maximum child tax credit increased to $2,200 per child in 2025, up from $2,000, based on changes enacted via President Donald Trump's "big beautiful bill." However, with zero taxes owed, the most ...

Advocates for a new state tax cut for low- and middle-income households with children are intensifying their push in this spring’s General Assembly session, insisting federal cuts to human service ...

Under the Corporate Income Tax (CIT) law 1, a Resident Person, whether a juridical or natural person, is subject to tax on its worldwide income, including income derived from foreign sources. Foreign ...

Since Beijing announced a new visa to attract young science and technology graduates, a backlash has erupted online, forcing the government to respond. By Vivian Wang Reporting from Beijing When the ...