The Tribunal ruled that a trust reporting a loss cannot be taxed on gross receipts. The addition by the AO was deleted, emphasizing that only net income is relevant for taxation under section ...

A Kremlin envoy says peace talks on a U.S.-proposed plan to end the nearly four-year war in Ukraine were pressing on “constructively” in Florida. The talks are part of the Trump ...

Saudi Arabia has surpassed its record for the number of executions carried out annually for a second year in a row. At least 347 people have now been put to death this year, up from a total of 345 in ...