Under the Corporate Income Tax (CIT) law 1, a Resident Person, whether a juridical or natural person, is subject to tax on its worldwide income, including income derived from foreign sources. Foreign ...
Claiming large refunds, and doing so by amending returns, increases the chance your filings will be scrutinized.
Living abroad doesn’t mean you can leave your U.S. tax responsibilities behind. If you’re an American expat, the IRS still expects you to report your worldwide income — no matter where you live or ...
The tax deadline for U.S expats was June 16, but there are some tax credits and deductions you can still claim if you're an American living abroad. Living overseas won’t let you off the hook from ...
The U.S. Treasury Department plans to reclassify certain refundable tax credits as "federal public benefits," barring ...
On July 4, 2025, US President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law. The legislation introduces significant changes to both international and domestic business tax rules ...