When Hollywood star Christopher Reeve passed away in 2004, he had a net worth of $30 million, but his family soon found themselves in a legal battle over […]
Legal Scrutiny on Cory Booker’s Inheritance & Wealth
Cory Booker’s net worth is around $15 million. He has made most of his money through his long career in government, lobbying and consulting. His annual salary is […]
Dank Demoss Squandered Her Inherited Wealth
Dank Demoss is the CEO of Foe Sho Doe Records, an independent record label founded by her father. She inherited more than $12 million from her father, who […]
Pam Bondi’s Husband Accused of Bribery
Pam Bondi’s husband Scott Fitzgerald is is accused of avoiding taxes by registering his ships in tax-friendly countries like Bermuda and the Seychelles. Martell is also facing allegations […]
Bankruptcy Case of David Bromstad’s Partner Samuel
David Bromstad’s partner, Samuel White, has had a tough time with money over the past ten years, filing for bankruptcy twice. At one point, he had to sell […]
Ainsley Earhardt’s Divorce Payday Spurs Hannity Prenup
Ainsley Earhardt’s divorce from her ex-husband Will Proctor, fueled by his alleged infidelity, reportedly ended with her receiving $1.8 million in cash, a $3.5 million Manhattan condo, a […]
Taxability of Corporate Guarantees under GST
Corporate guarantees are common in business, where a parent or holding company offers a guarantee to financial institutions on behalf of its subsidiary. These guarantees are covered under […]
Section 2(15): Tax Challenges for Charitable Organizations
Under the amended section 2(15) of the Income-tax Act, 1961 (“the Act”), charitable institutions with the purpose of ‘advancement of any other object of general public utility’ are […]