Proposed legislation would have allowed the U.S. to impose levies in response to ‘discriminatory or unfair taxes’ in foreign countries ...

A U.S. government assessment says a new withholding tax proposed by U.S. President Donald Trump that could hit countries like Canada could also hurt the U.S. within a few years. (Yves Herman/Reuters) ...

Tax treaties play a central role in preventing double taxation and fostering economic cooperation between jurisdictions. However, some multinational enterprises (MNEs) exploit these treaties through a ...

Dubbed the "revenge tax," Section 899 of Trump's One Big Beautiful Bill Act calls for a new withholding tax to be imposed on investment income paid out by American companies to investors who live in ...

A detailed overview of Thailand’s tax system covering corporate income tax, BOI incentives, VAT rules, tax treaties, and ...

If the measure becomes law and the Trump administration designates Canada as a country with discriminatory taxes, a new five per cent withholding tax would go into effect.

Moreover, some agreements provide for tax exemptions on corporate income, Value Added Tax (VAT), and withholding taxes.

Iowa's state legislature approved a law requiring gambling companies to withhold state taxes from anyone who wins at least $5,000. This starts Jan. 1, 2026.