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Member Articles


No "Moore" Waiting – Supreme Court Upholds Mandatory Repatriation Tax

Author: Anna K. Derewenda The Ruling On June 20, the U.S. Supreme Court released its opinion in the closely watched case of Moore v. United States. In a 7-2 decision, the court upheld the constitutionality of the manda ...

Exemption from IMT (Municipal Property Transfer Tax) and IS (Stamp Tax)

Law no. 30-A/2024 of 20 June was published, authorising the Government to exempt the purchase of a first permanent home by young people up to the age of 35 from municipal property transfer tax (IMT) and stamp duty (IS). ...

India Tax Updates

The Income Tax Appellate Tribunal [ITAT] (Mumbai) Tirupati Developers v/s. ACIT ITA No. 2628/Mum/2023 dated 16.01.2024. Income from Capital Gains not applicable to Assessee who is in the business of Property Redevelopme ...

Proposed Changes to the Taxation of Capital Gains

The 2024 federal budget delivered on April 16, 2024, proposed significant changes as to how capital gains will be taxed for capital gains realized on or after June 25, 2024. Budget 2024 proposes to increase the portion o ...

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