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FEDERAL TAX AUTHORITY
UAE VAT changes to increase costs and compliance burden for Indian businessesWhile the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,...- Strong majority of voters believes Trump is failing at home and abroad: AP-NORC pollFederal authorities are investigating suspicious mailings received by congressional and election offices across the country. With Election ...
- Big Tech wants to build more AI data centres across America. Why local communities are pushing back against the costs of the AI revolutionCities across America are imposing temporary moratoriums on data centre approvals to address infrastructural concerns. Local governments ar...
- He wrote $464,000 in checks before his father's death; the IRS later challenged the giftsA Pennsylvania man's decision to write 11 checks worth $464,000 five days before his father's death led to an IRS estate tax dispute. A US ...
- In 2000, Allen Paulson left behind $193 million fortune, unpaid taxes, family inheritance fight led US authorities to pursue his heirsPaulson died on July 19, 2000, leaving behind an estate valued at $193.4 million for federal estate-tax purposes. Most of his assets were h...
- What new US crypto oversight rules mean for the marketProposed US CFTC regulations could establish a global template for digital asset oversight. Bitget CEO Gracy Chen explains how clear federa...
- While still in the NBA, Junior Bridgeman invested $150,000 in a small Milwaukee cable company; about five years later, its sale returned roughly $700,000After his NBA tenure, Ulysses 'Junior' Bridgeman transitioned into business with an initial investment in a local cable company. Despite fa...
- US diesel prices surge 70% amid Iran war: Can Trump-Putin deal bring relief to truckers and stop grocery prices from rising?Diesel prices impact on trucking: US diesel prices have surged 70% since the US-Israeli war with Iran began, putting growing pressure on tr...
- US midterm elections: Who is Abdul El-Sayed? The Egyptian-American Rhodes scholar and public health expert taking on Republicans in Michigan’s Senate raceAbdul El-Sayed took an unusual route to American politics. Trained in medicine and public health, he spent years studying why people get si...
- Google cofounder Sergey Brin bets $102 million to dodge a $13 billion tax bill as California billionaires head for the exitSergey Brin has committed $102 million against a proposed one-time tax on California billionaires. This tax could potentially cost him arou...
- Trump opens tax-free use of 'red' diesel to all as Republicans face midterm heatUS President Donald Trump signed an executive order in Nebraska that aims to ease tax limits on diesel fuel. This decision is intended to s...
- More than 1,400 years ago, China challenged hereditary privilege with civil service exams; centuries before Max Weber explained the bureaucracy modern states rely onIn 581 CE, Emperor Wen of the Sui Dynasty abolished China's Nine-Rank System, an ancient framework that reserved civil appointments for lan...
- Trump Account $1,000 eligibility explained: Your child may qualify for an account but not the federal deposit - here’s whyUnderstanding the eligibility criteria for establishing Trump Accounts is important for families navigating the process. Children generally...
- Why is your $1,390 IRS payment missing? What Americans need to know about the payment rumor and Trump’s $2,000 tariff dividendIRS relief payment and $2,000 tariff dividend: Rumors of a new federal stimulus check are circulating online again. Digital posts and unsol...
- Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
- Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
- Anti-betting law fails. A lesson for crypto?India’s online betting ban has failed to eliminate illegal gambling, with offshore networks continuing operations despite strict laws. The ...
- Trump administration uses rare authority to claw back nearly $1B in spending approved by CongressPresident Donald Trump is canceling nearly $1 billion in spending approved by Congress, targeting programs for immigrants, migrant students...
- European Union vows to defend its stand against X after the US backs a court challenge from Elon MuskThe European Union imposed a significant fine on social media platform X for regulatory violations. Following this, the U.S. government exp...
- Boston Light has stood since 1716 and was automated in 1998, but Congress kept a keeper on it; when Sally Snowman retired in 2023, the US lost its last oneBoston Light, located in Boston Harbor, was the last manually operated lighthouse in the United States. The light became automated in 1998,...
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