Thursday 29 August 2013

INQUIRER.net: US recognizes same-sex couples under tax laws

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US recognizes same-sex couples under tax laws
Aug 29th 2013, 22:41

WASHINGTON – The US Treasury on Thursday recognized gay marriage under tax laws, giving the same tax benefits to legally married same-sex couples that heterosexual couples enjoy.   The landmark ruling applies to all lawfully married same-sex couples in the country, even if they live in states that do not recognize the marriage.   Previously, legally married same-sex couples had to file their federal income tax returns declaring themselves "unmarried," losing out on a broad range of benefits and protections, including transfers of property, gifts and inheritances.   "Today's ruling provides certainty and clear, coherent tax filing guidance for all legall...

Keep on reading: US recognizes same-sex couples under tax laws

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