Generally, Article VII provides that the business profits of a person resident in one Contracting State should not be taxable in the other Contracting State unless the particular...
Posted by The Accounting and Tax on 08/31/2017
IntroductionThis article of the treaty talks about following points:1 – The business profits of a resident of a Contracting State shall be taxable only in the State unless the...
Posted by The Accounting and Tax on 08/31/2017
For anyone with a dependent, there are many different deductions out there that will give you a tax credit and reduce your tax payable. It is just a matter of finding which ones you...
The tax burden of a particular country is determined by the combination of distinct market forces and the laws that govern that country. In the US, the lawmakers and the IRS define...
A federal tax return is usually due by April 15th of ever year, or the first working day thereafter. But, the IRS doesn't grant six-month extensions to its taxpayers automatically...
Do you know that you may be owed a tax refund even if you are not required by law to file tax returns? For 2016, the minimum income requirement for mandatory filing of income tax...
There's no question that there are some really high quality tax credits based on tuition and other education deductions. While many people feel like they have a solid grasp on these...
Fast Track Settlement is a program that the IRS has made available to small businesses and self-employed individuals. This initiative permits qualified taxpayers to settle their debt...
Taxpayers can reduce mistakes when filing their annual returns by using tax preparation software. Making a mistake while filing taxes can result in a higher tax bill or a lower tax...
