Democrats are trying to force the GOP’s hand by introducing a 100% tax on payments from the Justice Department’s new fund for victims of government weaponization, even as Republicans face increasing pressure on what’s become a politically toxic $1.8 billion pot of money.
European companies are urging California Gov. Gavin Newsom (D) not to proceed with a tax measure that could expand the state’s reach over multinational companies operating in the state.
Alaska would use new methodology to calculate corporate income tax—raising more revenue for the state—under a bill passed Wednesday during the final day of the legislative session.
An examination of the Tax Court’s North Donald case and whether disclosures may be used to avoid civil fraud penalties by Caplin & Drysdale and Meadows Collier attorneys.
Grant Thornton practitioners discuss how enterprises should allocate the value resulting from AI enablement when people, data, and workflows are interdependent and reside globally.
AI changes work itself: who stays employed longer, who exits earlier, which employers can spread costs and governance through pooling, and which collectively bargained industries see their contribution base strengthened or weakened, says Hall Benefits’ Samuel Krause in the second of a two-part article.
The IRS has issued proposed rules to amend regulations regarding excepted benefits under the Employee Retirement Income Security Act of 1974 (ERISA), the Internal Revenue Code, and the Public Health ...
The IRS has issued a notice of proposed rulemaking relating to proposed regulations regarding excepted benefits under the Employee Retirement Income Security Act of 1974 (ERISA), the Internal Revenue Code, ...
The IRS has released Internal Revenue Bulletin 2026-22. [IRB 2026-23, 05/21/26]
Since President Donald Trump took office, the IRS has faced transformative changes, including a substantial reduction in its workforce and the appointment of seven different commissioners or acting commissioners.
Chinese leader
Companies in the US are wary of saying too much about one particular nugget of good news for their bottom line and
The Trump administration continues to weigh US tariffs on imported semiconductors to boost domestic chip manufacturing, though there are no immediate plans to impose any new levies, US Trade Representative
Bond traders are fully pricing in an interest-rate hike by the Federal Reserve this year, a sign of conviction in the market that Chair
The Saudi General Authority of Zakat and Tax May 20 announced the May 31 deadline for businesses subject to VAT with annual supplies of goods and services exceeding 40 million ...
The Portuguese Official Gazette May 20 published Notice No. 56/2026/1, announcing that the social security agreement (SSA) with Sao Tome and Principe, signed Feb. 17, 2004, entered into force April ...
The Austrian Official Gazette May 20 published Law Nos. 63/2026 and 62/2026, announcing the June 1 entry into force for the air transport agreements with: 1) The Bahamas, signed July ...
The Brazilian Federal Revenue Office May 20 announced the release of an updated digital tax bookkeeping system (ECF version 12.1.5) for reporting tax information on corporate income tax (IRPJ) and ...
The European General Court (EGC) May 20 issued a preliminary ruling for Joined Case Nos. T-685/24 and T-686/24, on excise duty taxation and the concept of own use. The taxpayers ...
The French Administrative Court of Appeal of Paris May 18 issued Decision No. 24PA04140, clarifying the withholding tax treatment of remuneration paid to a nonresident under the 1995 DTA with ...
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