The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

Value-added taxes are common in Europe; President Trump calls them unfair.

The case involves Jyoti Tar Products Pvt. Ltd., which challenged the denial of Input Tax Credit (ITC) under the GST regime. The issue arose when tax authorities alleged that the company had claimed ...

The Allahabad High Court reviewed the case and found that the certificates met the requirements set by the government order. It ruled that the rejection of ITC on the sole ground of missing GSTN was ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

Accountant Rohn Shellenberger, of Scott City, said he was "alarmed" to see year-to-year short term carryovers (inventories, deferred crop insurance and input prepayments) decline by between 20% to 50% ...

The next City Manager must focus on proactive communication and long-term staffing stability to address gaps identified during former City Manager David Santucci’s tenure. Strong, forward-thinking, ...

Testimony as submitted by Zippy Duvall, President, American Farm Bureau Federation “Perspectives from the Field: Farmer and ...

Officials of the Goods and Services Tax and Central Excise Commissionerate, Puducherry, have arrested a person after discovering that he had availed himself of fake input tax credit to the tune of ...

The Garden State is now part of the IRS direct file service where you can file state and federal tax returns with input from tax experts and residents in this free and secure online tool.

The Tax Cuts and Jobs Act (TCJA) was a major overhaul of the tax code, signed into law by President Donald Trump in his first term on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017 ...