CESTAT Kolkata held that payment received towards Licensing Fee from mobile towers cannot be considered as 'rent' to fall within the definition of 'renting of immovable property'. Accordingly, service ...

When the Marks & Spencer product development team came up with the idea of strawberries and cream in a sandwich, they no ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

Congress incentivized domestic manufacturing of semiconductors and semiconductor manufacturing equipment as part of the ...

As Gov. J.B. Pritzker targets federal policies while starting his campaign for a third term in Illinois, a Republican ...

A property tax case heard by the Indiana Supreme Court this week could have a huge impact on local government and school ...

Starting Tuesday, Illinois residents will see an increase in the cost of several tobacco products, including alternative ...

The MTA’s tax-exempt status exists to support its work on behalf of teachers’ working conditions, not to fund political ...

The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis ...

One of the fundamental premises of fair taxation under capitalism is the notion that taxes are assessed on profits when an investment is sold, not on investment principal, nor on unrealized gains ...

Fuel and gasoline: 18.3 cents per gallon federal tax, plus state taxes (some states add over 50 cents per gallon!) Tobacco products: $1.01 per pack (federal), plus state taxes Alcohol: $3.50 per ...