
Brunei's BND 1 Million Tax-Free Line: What the Corporate Tax Exemption Means for Your Books
Brunei companies with turnover up to BND 1 million owe no corporate income tax but must still file by June 30 — revenue cut-off decides which side you're on.
#tax-compliance
Stay compliant with tax regulations and filing requirements

Brunei companies with turnover up to BND 1 million owe no corporate income tax but must still file by June 30 — revenue cut-off decides which side you're on.

IRS CP90 and CP91 are final levy warnings: file Form 12153 within 30 days for a CDP hearing that pauses wage, bank and Social Security seizures.

Section 6417 elective pay lets nonprofits and governments get clean energy credits as an IRS cash refund — register first, then file Form 990-T on time.

Foreign co-owners make LLC profit effectively connected income: Section 1446 withholding, a 1040-NR filing, and a 30 percent branch tax for corporations.

Greece taxes freelancers on imputed income of 12,320 euros for 2026 — and B2B e-invoicing via myDATA is mandatory from October 1.

Kosovo bans cash payments over €2,000 since June 2026 — route large sales through banks or cards and match every deposit to a fiscal coupon.

California SB 346 forces Airbnb to share your address and nights booked with LA — 120-night cap breaches now surface automatically, at up to $2,060 a day.

Lottery retailers keep 5-7% commissions while the state sweeps the rest weekly — track packs, reconcile EFT debits, and report Form 1099-NEC income.

New York's $375 Brand Owner's License lets indie alcohol brands hire in-state co-packers without surrendering brand ownership — plus the books to run it.

An IRS business expense must be ordinary (common in your industry) and necessary (helpful to it) under Section 162 — plus the records to prove it.

The IRS is matching PPP and EIDL applications against filed tax returns. Reconcile 941s, amendments and revenue now — the fraud window runs ten years.

Saint Lucia waives 100% of penalties and interest on tax arrears through 2025 if you pay the principal by December 2027. File first, then settle.