Pied à terre tax News

Proposed Inland Revenue Amendments Spark Controversy Over Criminalizing Tax Procedural Errors.

Sri Lanka’s proposed Inland Revenue (Amendment) Bill has ignited debate among legal experts and tax professionals over a provision that could turn minor administrative tax failures into criminal offenses, potentially bypassing traditional requirements for proof of fraudulent intent.

Mapping the US Tax Burden: Which States Take the Biggest Bite Out of Personal Income?.

A recent analysis highlights the disparity in tax burdens across US states, revealing which regions impose the highest and lowest financial obligations relative to personal income.