National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

President Donald Trump said on Friday that he has ended trade talks with Canada and will soon announce a new tariff rate for ...

It’s not the only example of such a tax structure shift. In 2014, Washington, D.C., made a change to require sales and use tax for specific services , such as gym memberships.

PETALING JAYA: The Customs Department should clarify whether food and beverage (F&B) operators should specify the different rates of service tax imposed on their services beginning March next year ...

The acting commissioner of the Internal Revenue Service is expected to resign after the agency disclosed that it has agreed to share immigrants' tax data with Immigration and Customs Enforcement ...

Example: If a consumer buys a smartphone priced at Rs. 50,000, and the GST rate applicable is 18%, the indirect tax receipt for the government would be Rs. 9,000 (18% of Rs. 50,000) collected as ...