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ONETT refers to transactions that are subject to one-time tax compliance and processing with the BIR
Questions continue to arise as to whether some student athlete NIL compensation should be treated as wages subject to withholding.
NIL money comes with no tax withheld, a 15.3% self-employment tax bill, and a FAFSA hit two years later. Here's how college athletes should handle it. The post NIL Money And Taxes:...
The most notable tax law developments of the past month
Special Tax Shelter Strategy; ghost prepared; material falsehoods; and other highlights of recent tax cases.
When Tax Rules Surprise You – The Taxman Isn’t Always Asking for More! Query 1] My income during the year from salary was ₹11,72,190/-, Interest & Other Income was of ₹55,247/-...
Taxes don't pause; chaotic policy; larger tax burden; and other highlights from our favorite tax bloggers.
Israeli real estate purchases can face up to 10% purchase tax, with anti-avoidance rules also taxing shares in entities whose assets are primarily Israeli property.
The most notable tax law developments of the past month
Thanks George1. Food for thought. I’m finding it quite interesting that immigration rules and tax rules don’t always say the same thing also.
Check churning; a Maserati and a McLaren; private family foundation; and other highlights of recent tax cases.
The difference between bleeding a third of gains to taxes and being able to keep compounding isn't luck or a secret loophole. It's structure.
Thinking about taxes proactively allows you to structure your investments and financial decisions to minimize your obligations and maximize long-term returns. This is the differenc...
A tax tribunal has sided with property owners involved in redevelopment disagreements, annulling a significant Rs 1.3 crore tax increment on a newly developed property. The tribuna...
New or old tax regime for FY 2026-27? Learn how ELSS, equity LTCG, and debt fund gains are taxed under each regime – with a six-point investor checklist.
Can the entire difference between a property’s actual purchase price and its stamp-duty value be added to the income of just one of its co-owners? A recent ruling by ITAT Mumbai ha...
Introduction The question of whether the Government can retain an amount collected as tax despite the absence of a lawful statutory liability has repeatedly arisen under the erstwh...
The post Navigating Tax Compliance for Construction Companies appeared first on UK Construction Blog. Managing finances and taxes for a construction company can be complex and time...
Luís C. Calderón Gómez (Cardozo), Is Tax “Law”?, 94 Fordham L. Rev. 1781 (2026): Although taxation remains a hotly contested issue in debates by both politicians and political theo...
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