Taxation in Michigan
US State Tax Series USAMichigan has a structured taxation system that covers both corporations and pass-through entities. The state applies the Corporate Income Tax […]
Taxation in Michigan Read More »
Michigan has a structured taxation system that covers both corporations and pass-through entities. The state applies the Corporate Income Tax […]
Taxation in Michigan Read More »
Maryland has a well-defined taxation system that impacts both corporations and pass-through entities (PTEs). Every business operating in the state,
Taxation in Maryland Read More »
Maine’s taxation system applies across financial institutions, corporations, and pass-through entities. The structure ensures that businesses and institutions contribute fairly
Louisiana has a comprehensive taxation system that applies differently to corporations and pass-through entities. Corporations are subject to both franchise
Taxation in Louisiana Read More »
Kansas has a layered taxation system that applies differently to banks, savings and loan associations, trust companies, corporations, and pass-through
Taxation in Kansas Read More »
Iowa has a defined taxation framework that applies differently to financial institutions, corporations, and pass-through entities. The state levies a
Indiana has a structured taxation system that applies differently to corporations and pass-through entities. Corporations pay a flat corporate income
Taxation in Indiana Read More »
Taxation in Idaho follows a clear structure, with defined rules for corporations, S corporations, and partnership entities. The state levies
Hawaii has a unique tax structure that businesses must understand before operating in the state. From franchise taxes on financial
Taxation in Hawaii Read More »
Illinois imposes several layers of taxation on businesses operating within the state. From corporate income taxes and franchise taxes to
Taxation in Illinois Read More »
Understanding taxation in Georgia is essential for businesses planning to set up operations or expand into the state. Georgia has
Taxation in Georgia Read More »
The scope of angel tax under Section 56(2)(viib) of the Income Tax Act, 1961 has widened significantly. With amendments introduced
Increase in Scope of Valuation for Angel Tax Purposes Read More »
Understanding taxation in Florida is crucial for any corporation operating in the state. Whether a business is set up in
Taxation in Florida Read More »
The District of Columbia (D.C.) enforces a structured tax regime that applies to corporations, partnerships, LLCs, and other entities engaged
Taxation in District of Columbia Read More »
Colorado’s tax system is structured around a flat corporate income tax rate, complemented by a pass-through entity tax and a
Taxation in Colorado Read More »
Connecticut has a detailed corporate and individual tax framework that requires strict compliance by businesses and pass-through entities operating in
CONNECTICUT – ANNUAL TAX COMPLIANCE Read More »
Arkansas enforces a structured system of taxation that applies to corporations, LLCs, partnerships, and individuals with state income obligations. The
Taxation in Arkansas Read More »
India’s GIFT City (Gujarat International Finance Tec-City) has emerged as a strategic international financial hub, attracting global and domestic fund
GIFT City – Framework on Fund Management Entity Read More »
The tax treatment of Employee Stock Options (ESOPs) and similar incentive schemes like Restricted Stock Units (RSUs), Phantom Stocks, and
GST Implications on Employee Stock Options Read More »
Arizona’s tax compliance framework requires careful attention from corporations and pass-through entities alike. C corporations are taxed directly at a
Taxation in Arizona Read More »
Alaska has a unique tax environment compared to many other U.S. states. It does not impose a state-level individual income
Alaska – Annual Tax Compliance Read More »
After two decades, Tamil Nadu has revised its stamp duty and registration fee structure under the Registration Act, 1908. The
Change in Stamp Duty and Registration Fees in Tamil Nadu Read More »
Alabama has a structured tax system designed to regulate businesses operating in the state. Unlike some jurisdictions that focus heavily
Alabama – Annual Tax Compliance Read More »
California is one of the largest and most complex tax jurisdictions in the United States. Businesses incorporated or operating in
California – Annual Tax Compliance Read More »
This blog offers a clear, updated breakdown of how Free Zone Persons (FZPs) in the UAE are taxed under the
UAE Updates – Taxation of Free Zone Persons (Qualifying Income) Read More »
New Jersey stands out in the U.S. tax landscape. While many states impose franchise taxes for the privilege of doing
New Jersey – Annual Tax Compliance Read More »
In Singapore, the issuance of new shares is not a decision directors can make on their own. While the board
Allotment of Shares – Singapore Read More »
Delaware has long been a favoured state for business incorporation, not only in the United States but globally. Its business-friendly
Delaware Tax Compliance Read More »
If you’re managing a group of companies under common ownership in the UAE, this blog will walk you through a
This blog walks you through the UAE’s transfer pricing framework under corporate tax law. You’ll discover how related-party transactions must
This blog unpacks two vital areas of the UAE’s Corporate Tax Law: Whether you’re a CFO, consultant, or business owner,
General Anti-Abuse Rules & Corporate Tax Compliances Read More »
In this blog, we unpack Part I of the UAE Tax Procedures framework, which outlines how businesses must operate under
Tax Procedures Part – I Read More »
The real estate industry has undergone remarkable changes over the last few decades. From individual high-rise towers to expansive townships
Introduction of Regulatory Framework for (‘MSM REITs’) Read More »
On 26 April 2023, the Ministry of Finance (MOF) announced a major revision to Additional Buyer’s Stamp Duty — and
NEW ADDITIONAL BUYER’S STAMP DUTY (‘ABSD’) RATES Read More »
In this article, we break down how taxable income is calculated under the UAE Corporate Tax Law—and which deductions are
Deductions & Determination of Taxable Income Read More »
Calculating taxable income is one thing. Figuring out how much tax you actually owe, when to pay it, and how
Corporate Tax Calculations, Payments, Tax Credits & Refund Read More »
India’s Gujarat International Fin-Tech City (GIFT City) is positioning itself as a serious player in the global ship leasing space.
GIFT City – Framework on Ship Leasing Read More »
When it comes to corporate tax, relief provisions can be real game changers—especially for businesses navigating losses, internal restructuring, or
If your company is going through a merger, restructuring, or winding down a division, you’ll want to know how tax
A recent ruling by the Madras High Court has reshaped how stamp duty applies to amalgamation orders in Tamil Nadu.
TN Stamp Duty on Amalgamation Read More »
This blog breaks down the recently introduced Corporate Tax regime in the UAE—why it was introduced, who it applies to,
Levy of Corporate Tax Read More »
If you’re a non-resident doing business with the UAE — maybe you’re selling to clients, providing services remotely, or investing
Taxation of Non-Residents – State Sourced Income Read More »
This blog dives deep into the concept of Permanent Establishment (PE) under UAE Corporate Tax Law. If you’re a foreign
Permanent Establishment Read More »
This blog explores the concept of Exempt Persons and Exempt Income under the UAE Corporate Tax regime. If you’re a
Exempt Persons and Exempt Income Read More »
This part of M2K’s Succession Planning Series (#29) focuses on how various landmark legal rulings have shaped the understanding of
Taxation of Trust – Part 5 Read More »
In Part I of the Taxation of Trust series, we explored how private trusts are taxed and how the trust’s
Taxation of Trust – Part 2 Read More »
Trusts are often used as estate planning tools, but when it comes to taxes, things get a bit murky. Unlike
Taxation of Trust – Part I Read More »
In this edition of M2K Advisors’ Succession Planning Series (#20), we explore four major court rulings that have helped define
Landmark decisions on the Validity of the Will Read More »
This blog, part of M2K Advisors’ Succession Planning Series (#19), takes a practical look at how wills can be contested—and
Contesting a Will and Safeguard Measures Read More »
While most people think wills are only governed by the Indian Succession Act, the truth is that several other laws
laws relating to Wills – Part I Read More »