The various reforms introduced by the Central Bank of Nigeria (CBN) are not only beginning to show positive results, but have triggered rise in foreign reserves, improved access to forex in the ...

The local currency has recorded significant gains in recent days as the deposit money banks resumed overseas cards' transactions, Daily Trust can report.This means that banks' customers can use their ...

We believe Mapletree Logistics Trust is in good financial health. As of March 31, 2025, aggregate leverage is 40.7%, which is well below the 50% regulatory limit. This also implies that asset values ...

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of ...

Despite bipartisan support and backing from bank trade groups, the Treasury scrapped a corporate ownership reporting rule ...

Thailand’s crypto tax holiday runs through 2029, but only for trades on licensed platforms. Here’s what traders must know ...

Philippines President Ferdinand Marcos Jr. says he will not object to a proposed tax on online gambling operators.

The Government of Singapore Investment Corporation owns more than 540,000 acres of land in Michigan’s Upper Peninsula, making ...

Can Dogecoin reclaim the key level of $0.25? Ripple CEO has confirmed the company is applying for a US banking license: ...

A trust fund is different from a foreign trust, which has become a popular way to circumvent the U.S. tax system. Foreign trust owners must report earnings using form 3520 or form 3520-A.

The IRS has clearly identified legitimate reasons why "U.S. Persons" would establish or maintain ownership in a foreign trust. However, a foreign trust creates complex IRS reporting requirements ...