India has proposed including items used to manufacture EV batteries and mobile phones to its list of capital goods that are ...

Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...

The House of Representatives has retained Value Added Tax (VAT) at 7.5%, rejecting a proposed gradual increase to 15% by 2030.

framework in India includes various mechanisms to ensure seamless tax credit flow across different branches of a business. One such mechanism is the Input Service Distributor (ISD). An ISD is a ...

The Federal Board of Revenue (FBR) has directed Pakistan Revenue Automation Limited (PRAL) to remove the check to allow input tax adjustment in the sales tax returns to 21 companies paid on behalf ...

The dividends on ENB and its preferred stocks are “qualified” for the 15% tax rate (20% for the top ... EBBNF’s reset rate formula is the 5 year note yield + 3.15% EBGEF’s reset rate ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer ...

producers and writers that are currently excluded from the tax credit formula. Zbur indicated in the interview that that would be “a harder thing to do,” and he did not mention it at the press ...

The bills include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill. Abbas stated this in ...

To calculate the tax shield, use the following formula: Tax Shield = Value of Tax-Deductible Expense x Tax Rate So, for instance, if you have $1,000 in ...

Lewis Hamilton will drive his Ferrari in testing in Bahrain this week Formula 1 pre-season testing is a crucial time of the year for teams and fans alike. After spending the winter working hard to ...

On Tuesday, the House of Representatives will open its doors for stakeholders’ input on the controversial ... in the Value-Added Tax rate, alteration of the VAT sharing formula, and the ...