Browsing: tax

Even with President Trump’s proposed tax on remittances, experts believe it won’t significantly shake up the Indian economy. Analysts highlight that India’s strong inflow of overseas funds, coupled with the unwavering support of its diaspora, will cushion any potential setbacks.

Brazil is set to implement a new tax on overseas profits and high incomes as part of a strategy to balance a larger tax exemption. This move aims to enhance fiscal stability while addressing income inequality, according to sources close to the government.