Foreign tax credit available even if ‘taxes’ spared in Oman
Thursday, 18 January 2024 The Supreme Court ruled that an Indian entity can claim foreign tax credit in India for taxes 'spared' in Oman. The term 'incentive' was undefined in both Omani and Indian tax laws, leading to a clarification from the Oman authorities. The court upheld the statutory force of the clarificatory communication.
Divided Congress Reaches , Pro-Family Deal , to Boost Child Tax Credit.
On January 16, Congress announced a bipartisan
deal that will expand the child tax credit and
introduce a number of tax breaks for businesses.
NBC reports that the $78 billion tax agreement ends months of negotiations meant...
"Tax Management and Credit Scores: Navigating the Twin Pillars of Financial Responsibility" is an incisive exploration into the crucial aspects of personal finance that often..
FTC Bans TurboTax , From Advertising ‘Free’ Services.
On Jan. 22, the Federal Trade Commission (FTC) ruled that the tax filing software has been deceptive by advertising "free" services, CNN..
Credit: Wibbitz Top Stories Duration: 01:30Published
BREAKING NEWS – On January 19, 2024, the House Ways and Means Committee overwhelmingly approved the Tax Relief for American Families and Workers Act of 2024 by a 40-3 vote. The bill provides for..
Thursday, 18 January 2024
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