An incoming Donald Trump administration has taxpayers salivating for lower tax rates in 2025. No one enjoys a hefty tax bill, and the idea of a game-changing law that could somehow magically erase ...

Tax bills recently passed in Missouri and neighboring Illinois underscore the contrasting approaches that red and blue states ...

Capital gains tax has been increased since Labour came to power last year and there are rumours of a further hike. It comes after CGT rates were increased in the Autumn Budget and the latest HMRC data ...

Labour said the tax rate would be 28% to align with the corporate rate, so that property transactions are taxed like other business activities. It would apply at the sale of an asset and be charged on ...

The taxability of capital gains on the sale of farm land depends on whether the land qualifies as rural or urban agricultural land ...