While a majority of states charge income tax and property tax, a handful don't levy sales tax. In some cases, local jurisdictions are allowed to implement their own sales tax. In others ...

When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these questions and more. Every week, our inbox is full of letters from readers ...

Additionally, his brother had declared the entire sale amount in his own tax returns. The ITAT ruled in Jain’s favor, stating that since he was not the beneficial owner, he could not be taxed on the ...

The government will offer a personal income tax deduction of up to 100,000 baht for those who purchase artworks as part of a campaign to support the Thai art sector. Prime Minister Paetongtarn ...

Gifting allows recipients to access the article for free. A coalition of local civic groups is calling for expanding the state sales tax to include consumer services, deeming the current model ...

A VAT is essentially a consumption tax applied to goods at each stage of production or distribution. It differs from a sales tax in that it is assessed at multiple points in a product’s supply ...

In recent months, the Wash Park Grille and its neighboring sister restaurant, Agave Taco Bar, have been seized by the city and the state for unpaid taxes ... to oversee the sale process.

On a seasonally-adjusted basis, February 2025 retail sales reached $722.7 billion compared with $700.9 billion last year. Unadjusted, the biggest declines came in automobiles, the largest retail ...

Photo: Kent Nishimura/Reuters/Stefani Reynolds/Bloomberg News “American taxpayers will shoulder the burden of tax cuts for Tesla ... Some $2.8 billion came from the sale of regulatory credits ...

The Tennessee House of Representatives has passed a resolution urging Congress to eliminate the personal income tax and a host of others in lieu of a national retail sales tax. HJR0017 was passed ...

Dealers will now pay zero import tax on works brought into the UK, provided they are exported within four years. The change particularly impacts London, which is one of the global art market’s ...

The good news is that you do have some control over the amount of tax you pay on income and wealth. By contrast, little can be done about sales taxes, property taxes, carbon taxes and tariffs ...