A parliamentary panel led by BJP's Baijayant Panda recommended continuing tax exemptions for anonymous donations to religious ...

A conservative watchdog group is calling on the Internal Revenue Service (IRS) to investigate the tax-exempt status of two ...

A parliamentary panel suggested tweaks to the Income Tax Bill, 2025, advocating for taxpayer relief and tax exemptions for ...

Throughout the first six months of 2025, proponents of tax-exempt bond financing feared that Congress might eliminate the exemption of interest ...

On May 30, the Pennsylvania Supreme Court issued its long-awaited opinion in Pottstown School District v. Montgomery County Board of ...

Fund-level leverage is less appealing amid tight spreads and an inverted curve, especially for tax-exempt CEFs. Find out why ...

Notwithstanding the consent decree, it's an open question whether the US Supreme Court would go along with voiding the ...

When a nonprofit corporation generates income from business trade or on business transactions regularly it could be subject ...

A reinterpretation of a tax rule signals that houses of worship may now be able to endorse political candidates without losing tax-exempt status.

With the budget overdue and facing significant deficits, one GOP leader says he’s willing to consider changes.

A Parliamentary panel, headed by BJP leader Baijayant Panda, has favoured continuing tax exemption on anonymous donations made to religious-cum-charitable trusts in the new Income Tax Bill, saying any ...

The agency's agreement in a court filing formally reverses a decades-old provision of the tax code, but the motion would need ...