Among some of the major changes introduced by the Tax Cuts and Jobs Act (TCJA) was the offer of double standard deductions.

OVER the past decade, the Philippine government has implemented pivotal tax and market reforms to drive economic growth, ensure fiscal sustainability, and enhance business competitiveness. Landmark ...

Tax Foundation’s Erica York urges permanent full tax deductions for capital investment, saying permanence would generate the ...

Government agencies signed on Monday the implementing rules and regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy ...

The Economic Crime and Corporate Transparency Act (ECCTA) aims to deliver reforms on tackling economic crime and improving transparency over corporate entities. Find out what this means for solicitors ...

In the next 64 years, the Income Tax Act has undergone a flurry of changes ... Dipesh Jain, partner at Economic Laws Practice, a law firm, says that there are certain provisions such as payment ...

On the campaign trail, President Donald Trump floated an "all tariff policy," which he said would allow the U.S. to eliminate income tax. However, some economic policy experts say there isn't a ...

(Photo: VNA) According to the Ministry of Finance, the tax and fee incentives put in place between 2020 and 2024 made key contributions to socio-economic recovery and development. The implementation ...

He just co-authored a study on the economic impact of President Donald ... That part of the 2017 Tax Cuts and Jobs Act is set to expire this year. “The corporate tax cut, they were able ...

The Direct File program was launched to benefit over 30 million taxpayers and prompted a backlash from commercial tax prep firms who lobbied against it. If ended, taxpayers from eligible states ...