Direct Taxes

Oman has taken a notable step in fiscal policy by issuing a royal decree to impose personal income tax, marking…

The current maximum child tax credit is $2,000 per qualifying child, but will revert to $1,000 in 2026 unless Congress…

In April 2025, the United Kingdom’s housing market saw a significant deceleration in annual house price growth, with prices rising…

In January 2025, Germany implemented a significant reform to its real estate tax system, aiming to simplify the assessment process…

Russia’s self-employed professionals — including individual entrepreneurs (IEs), attorneys, mediators, notaries, court-appointed administrators, appraisers, and patent attorneys — are facing…

Alberta’s long-promised income tax cut will begin to show up on paycheques next month, fulfilling a central campaign pledge by…

A controversial tax proposal backed by former President Donald Trump and several lawmakers is reigniting debate around the long-term viability…

With summer wedding season in full swing and Pride celebrations taking place across the country, the Norwegian Tax Administration (Skatteetaten)…

Budapest, Hungary – Effective July 1, 2025, Hungary will significantly raise the family tax allowance, providing higher net income for…

Australia’s income tax system is undergoing significant changes starting from 1 July 2024, with most taxpayers set to benefit from…