Social Media Ideas for 60 Percent Tax Foreign Assets

Foreign Asset Disclosure Scheme 2026: 60% Tax or Just ₹1 Lakh?

Foreign Asset Disclosure Scheme 2026: 60% Tax or Just ₹1 Lakh?     The Reason Why a Foreign Asset Was Not Disclosed May Decide Whether the Cost Is ₹48 Lakh-or Just ₹1 Lakh Foreign...

₹1 crore foreign asset disclosure could cost 60% under FAST-DS: Check the math

FAST-DS can impose a substantial cost on taxpayers declaring certain undisclosed foreign assets or income, with the tax and additional amount together reaching 60% of the declared...

Govt rolls out foreign asset disclosure scheme for small taxpayers

The Income Tax Department on Saturday notified a new voluntary disclosure scheme allowing small taxpayers to declare certain undisclosed foreign assets and income by paying an effe...

China tax crackdown forces wealthy investors to assess their offshore trusts

Foreign assets disclosure scheme: Who is eligible, what it means for small taxpayers & tax payable

The Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS), 2026, is a one-time disclosure mechanism for eligible taxpayers who have either failed to report certain foreign...

Updated Return or FAST-DS: Which Route Works Better for Undisclosed Foreign Income or Assets?

Updated Return or FAST-DS: Which Route Works Better for Undisclosed Foreign Income or Assets?   The 60% vs 70% comparison can be misleading – because the two levies operate on comp...

Foreign markets hand Canada a record $619.2 billion swing in net foreign assets

Foreign investors hold almost 50% of federal bonds as Canada's external debt hits $5 trillion

Foreign assets disclosure scheme opens today: Who can declare undisclosed assets and income?

FAST-DS opens on August 16, 2026, giving eligible taxpayers a one-time window to disclose certain undisclosed foreign assets and income. The scheme will accept declarations until D...

China's tax dragnet rattles market as offshore trusts, insurance targeted

Six countries want EU talks in September on taxing windfall profits of oil companies

South Korea confirms 22% crypto tax will cover private wallets, foreign exchanges

South Korea has confirmed that taxable crypto income earned through overseas exchanges and private wallets will fall under its planned 22% digital asset tax when the regime takes e...

China’s 25-year tax reach will cost it more than it collects

China is now chasing decades of unpaid tax on money its wealthiest citizens moved offshore, in some cases reaching back as far as 25 years. Call it what it actually is: a state dec...

A new tax on these companies would help Washington shrink the deficit

This month, the U.S. Treasury Department made two ominous announcements: that it will no longer require shell companies to identify who owns them, and that the U.S. federal debt ha...

Estate, Inheritance, and Gift Taxes in Europe, 2026

Twenty-four out of the 35 European countries covered in this map currently levy estate, inheritance, or gift taxes.

Transitioning Foreign Tax Allocations and Implementing the Ten Percent Credit Disallowance Under Section 960(d)(4)

Section 898(c) Transition Rule for Allocating Foreign Taxes and Section 960(d)(4) Foreign Tax Credit Disallowance, REG-115145-25, July 31, 2026 The Department of the Treasury...

Deemed disposal investment tax sparks anger in Ireland, but is there similar anywhere else?

It’s rare, and places that have it usually have a lower rate.

ATO takes aim at illegal foreign land bankers

The Australian Tax Office has cracked down on foreign investors breaking the nation’s foreign investment laws on land banking.

Forgotten Foreign Bank Account? ₹ 5 Lakh Shares? A New Tax Window Has Opened!

Forgotten Foreign Bank Account? ₹ 5 Lakh Shares? A New Tax Window Has Opened!     A former student who returned to India years ago called me last week: “Sir, I worked in the UK bac...

You got to look past the 30% Dividend Withholding Tax at some point.

Think back when I was a dividend investor, that 30% dividend withholding tax on US stocks was a big thing for me. I kind of …

A 'complex' 38% tax on investments will not apply to the government's new savings scheme

Every eight years, deemed disposal taxes certain investments even when there has been no sale.

Sweden orders six crypto firms to pay $56M in additional taxes

Sweden’s tax authority has ordered six crypto companies operating in Boden to pay nearly 540 million Swedish kronor (approx. $56 million) in additional taxes after finding that the...

China’s tax crackdown forces wealthy investors to assess their offshore trusts

The overhauled tax rules have also fueled concern that Beijing may widen its scrutiny of offshore wealth.

A European wealth fund proposes cutting US Treasuries by nearly US$80 billion

Government debt across all issuers would fall to 50% of the bond index from 70%

Foreign Tax Credits Against the Net Investment Income Tax: A Critical Analysis of the Federal Circuit’s Decisive Rulings...

Estate of Paul Bruyea v. United States, F.4th , No. 25-1563, ECF No. 58 (Fed. Cir. Aug. 31, 2026), reversing Bruyea v. United States, 174 Fed. Cl. 238 (2024). Matthew Christ...