February 2020

The United States tax code allows certain types of entities to use indirect taxation. This effectively transfers the income tax from the entity that earns the income to those with a beneficial interest in it. Annex K-1 is the form that!-->…

If you dread the idea of ​​filling out your 1040 Income Tax Form and feel lost, you probably aren't alone. Tax Form 1040 got overhauled and revamped in 2018, designed to be shorter and hopefully less confusing. But after a few years it is…

Special report: AVZ could benefit from exemptions or reductions in corporate taxes and customs duties for its Manono lithium and tin project as part of its agreement with the DRC…

For the 2019 tax year, your friends at the IRS introduced the new Form 1040-SR (US Tax Return for Seniors). This exciting development is proof that the federal government cares deeply about the tax filing needs of seniors. Not enough. In…

The taxpayers who will be most affected by the legislation are those in the Middle East or countries where there is no double taxation treaty. Guillaume Louw William Louw is a professional tax advisor at Sable International,…

The Azerbaijani Parliament passed a law amending the Tax code of Azerbaijan (TCA) on November 29, 2019. The amendment law made several substantive changes, ranging from changes to taxpayer record-keeping requirements to the introduction of…

The changes could attract the mega-rich to Greece Taking effect on…

If you are starting a new job this year or just want to update your tax information with your employer, some of the documents will be different. Very different.The IRS has introduced a new Form W-4 that is to be used by all employers in…

The Internal Revenue Service has said it wants seniors to be made aware of the availability of a new tax form, Form 1040-SR, which features larger characters and a standard deduction table in an effort to make it easier to reading and using…

WASHINGTON — Follow the lines of IRS Form 1040, and a picture emerges of an America economically divided by race and ethnicity.Although high-income Americans pay a greater share of their income in taxes, they still have a significant…