The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

India's Central Board of Direct Taxes (CBDT) has clarified that exemptions from the Principal Purpose Test (PPT) under some ...

When does no tax on overtime start in California? Dive into California’s overtime tax exemption bill and see if overtime pay ...

supporting terrorism, including by facilitating funding to, or the operations of, cartels designated as Foreign Terrorist Organizations consistent with 8 U.S.C. 1189, or by engaging in violence for ...

Muni advocates are stepping up pressure on Congress to take the elimination of municipal bond tax exemption off the menu by ...

While campaigning, President Donald Trump proposed eliminating taxes on overtime, tips and Social Security benefits. Here's ...

Eliminating the exemption could help the federal government bring in hundreds of billions of dollars in revenue to offset ...

Another exemption is the small gift allowance ... that pension savings would come into the scope of inheritance tax, meaning this tactic will soon become redundant. Estates inherited before ...

Rachel Reeves has been urged to carve out an exemption for older farmers “snared ... has also proposed a clawback scheme that would mean tax is only charged once a farm is sold, rather ...

Back in 2003, when the exemption was approved, Ketchikan received about 800,000 cruise passengers per year. In 2024, the number was 1.5 million, meaning that implementing the sales tax is today a ...