If you own mutual funds, year-end payouts can trigger a surprise tax bill, even when you haven't sold the underlying investment. Those distributions can incur capital gains taxes for assets held in a ...

If exempting superannuation returns in retirement causes problems, there is an obvious solution: reinstate tax on super ...

Op-Ed: Despite pressure ramping up following its landslide election victory, Labor has maintained its stance on taxing unrealised capital gains through Division 296, and some of the critics might be ...

Labor's plan to impose new superannuation taxes above the $3million threshold, without indexing it for inflation, will ...

The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.

The capital gains tax is a form of double taxation ... What is a Mark-to-Market election? According to the Tax Advisor, "Under the mark-to-market rules, dealers and eligible traders are treated ...

The Coalition tried to ramp up fears over the incoming tax during the election, but ultimately failed to land a blow on it. “Unrealised capital gains tax … that is an inheritance tax ...

If you're a partnership firm, LLP, or Association of Persons filing taxes this year, there’s a new Income Tax Return form you need ... where capital gains are now reported in two segments ...

Earlier on April 29, the government had notified the income tax return (ITR) forms 1 and 4 for assessment year 2025-26, and made it easier for individuals with long term capital gains of up to Rs ...

Sandeep Jhunjhunwala, Tax Partner at Nangia Andersen LLP, explained that previously, “salaried individuals having income under the head capital gains were required to file form ITR-2 even where ...

The government has notified the income tax return forms 1 and 4 for assessment year 2025-26, and made it easier for individuals with long term capital gains of up to Rs 1.25 lakh from listed ...

The unintended consequences of the legislation to tax ... unrealised gains proposed by the Labor government. This policy, to be reintroduced to the Senate if Labor wins the federal election ...