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Member Articles


Indian Union Budget 2022: Key Highlights of the Direct & Indirect Proposals

With the economy riding on the twin waves of rapid economic growth and increased tax collections, the Union Budget for 2022-23 was presented by the Hon’ble Finance Minister on February 1, 2022. A wide gamut of policy ...

Recent Developments in the Reporting and Taxation of Virtual Currency

The growing popularity of virtual currencies and their potential to facilitate tax evasion has prompted the Internal Revenue Service (IRS) and Congress to impose additional reporting requirements on taxpayers who hold or ...

Michigan Enacts Flow-Through Entity Tax as Workaround to State and Local Cap

Governor Whitmer signed H.B. 5376 on December 20, 2021, enacting a flow-through entity tax for those doing business in Michigan. This legislation was passed as a workaround to the federal $10,000 state and local tax dedu ...

Portugal Tax Updates February 2022

02/09/2022 Monthly Statement of Stamp Tax: Extension of Temporary Measures The Order of the Deputy Secretary of State and Tax Affairs No. 33/2022-XXII, published on January 28, 2022, determines the following: The ex ...

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