If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has increased.

Software services company Coforge has signed a deal to acquire two tech companies in the US and Australia, while PwC has ...

Net Investment Income Tax (NIIT) came about as part of the passage of ACA during the Obama administration. It has been in effect for almost 10 years. The 3.8% tax rate is applied based upon the ...