Specialty Group: TAG Tax

New economic substance regime for passive income of foreign source derived by Panamanian entities that are constituent members of multinational enterprise groups. Enacted: May 28, 2026  |  Effective: Fiscal years com ...

The Mumbai Income Tax Appellate Tribunal has held that a salaried employee cannot be denied TDS credit just because her employer deducted the tax but never deposited it with the government. The employee had declared inc ...

Recent federal legislation has introduced several changes affecting commercial real estate owners, including updates to bonus depreciation, interest expense limitations, excess business loss rules, and energy-related inc ...

Due to increased withholding reporting requirements for foreign persons, FGMK, LLC wants to ensure that its clients know about these filing requirements and that our International Tax team can assist.    Form 1042, A ...