A mutual fund may declare but retain a capital gain dividend. If it does so, the mutual fund will notify its shareholders of the amount of the undistributed dividend and, prior to 2018, paid federal ...

Child support has aspects of persistent chaos in a day when more and more people work in a “gig” economy and many are self-employed. As we have noted in the past, it is not common for those who are ...

A report Tuesday from accounting analysts at JP Morgan seems to put a reliable number on the amount of cash that U.S. corporations hold in their foreign subsidiaries, and it’s a doozy. Of the 880 ...

The Federal Board of Revenue (FBR) has recommended the imposition of a 5% tax on bonus shares issued by companies and on their undistributed profits in the next budget. This proposal would primarily ...

Pakistan is one of the unique jurisdictions that charge tax on already taxed undistributed profits/reserves. There had been experiences in our fiscal policy on this subject which are discussed in the ...

Guam has more than $6.2 million in undistributed child support funds that could be escheated or claimed by the government, and then reprogrammed back to the Child Support Enforcement Division of the ...