• Amendment in capital gain scheme 2012
  Income tax department made the first amendment in capital gain account scheme 2012. In this amendment income tax department amended
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• Argentina Clarifies Income Tax Provisions
  Argentina has, during the recent past, published amendments to income tax provisions. Certain clarifications have been recently issued relating to these amendments
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• Contributing to a 401(k) Plan – What You Should Know
  Named for its section in the Internal Revenue Code, 401 (k) plans first emerged as alternatives to pension plans.
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• Different Methods of Tax Planning for Reducing the Tax Bill
  Tax planning is defined as “Exercise undertaken to minimize tax liability through the best use of all available allowances, deductions, exclusions, exemptions, etc., to reduce income and/or capital gains.”
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• Estimated tax penalty
  As every year draws to a close, you got one last opportunity to be sure you're in Uncle Sam's good graces when it comes time to settle up on your federal income
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• Importance of a Tax Planning Software
  Computing taxes and filing returns can be such a cumbersome task that is nearly always left to the very last minute, leading to tax-time errors.
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• Important FBAR Instructions for Averting Penalties
  As per the recent guidelines, the IRS Amnesty must have knowledge to where your foreign bank accounts are situated.
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• OVDP 2013 – Essential Implications & Benefits
  According to IRS Amnesty revised policies it is imperative that taxpayers voluntarily report their foreign bank accounts to stay compliant with the US tax policies and away from civil penalties.
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• Portugal Amends Income Tax Law
  Portuguese government recently approved the Corporate Income Tax (CIT) reform. The key elements of the reform offer simplification, increased competitiveness and decreased CIT. These new rules have come into force from 1 January 2014, reports Nair & Co.’s International Tax team.
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