Revenue deficit is a key indicator of the governments fiscal health. A high revenue deficit suggests that the government is borrowing not to invest, but to fund routine consumption.

Customers are diverting their limited technology budgets to deploy more capital for transformations that will enhance revenue ...

The dispute concerned taxability of gains from sale of land located outside municipal boundaries. The Tribunal ruled that such land remains agricultural in nature and is not chargeable to capital ...

Last week Donald Trump filed suit against the Internal Revenue Service, demanding $10 billion in compensation for the ...

The recent Indian case of Authority for Advance Rulings v. Tiger Global International II Holdings decided by the Supreme ...

The Internal Revenue Service is cracking down on a specific category of income that many Americans are increasingly reliant ...

As for the Supplemental Coverage Option, most farmers will now only pay 20% of the full SCO cost. Supplement plans such as ...

The Tribunal examined whether royalty and dead rent from mining leases could be taxed as renting of immovable property. It ...

Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and ...

Fraternal organizations are social groups with shared interests, providing networking and benefits. Explore their structure ...

The Internal Revenue Service recently updated guidance in Fact Sheet FS-2025-09 (Fact Sheet) to address changes to the ...

The Premier Resort Area Tax is expected to raise $700,000 to $800,000 a year, with half meant for road work and half for ...