The move could raise $2 billion annually at a time when Illinois is facing increased budget pressures, the groups say.

Duties on imported pickup trucks kept production within North America but also had unintended consequences.

Your tax refund isn't free money — it's your own cash returning to you. Learn how to leverage it for long-term financial ...

Since the start of the current federal administration, there has been much discussion on potential changes to the tax code primarily focusing on the expiration of the 2017 Tax Cuts and Jobs Act at the ...

The income Tax Department imposes a tax on every transaction. You will be surprised to know that the Income Tax Department ...

There is a tradition of giving gifts to relatives and friends in Indian culture. If you go to someone's house, you take a ...

The gift tax is a separate level but it works in tandem with the estate tax. Gifting during your lifetime will decrease the value of your eventual estate because you’ve already given much of ...

For gifts to qualified donees of certain types of capital property, the capital gains inclusion rate is reduced to zero. Gifts of ecologically sensitive land You may be able to calculate your capital ...

The UK is in ongoing discussions with wealthy foreigners about the taxes they pay in Britain, following a backlash against a fresh crackdown on the so-called non-dom regime by Chancellor of the ...

In the previous Union budget, the government extended favourable tax treatment to retail funds in Gift City, similar to what was earlier extended to non-retail funds. However, no asset manager has ...