President Donald Trump eliminated the extra 25% tariff he had imposed on Indian goods over the country’s purchases of Russian oil, the first step to cement the terms of a trade deal the two nations announced earlier this week.

President Donald Trump enabled his administration to apply tariffs on goods from countries doing business with Iran, but stopped short of immediately imposing any new duties.

African nations face a continued risk of losing revenue to developed countries that apply the global minimum tax despite redesigned rules that feature a carve-out for US multinational companies, a group of the continent’s countries argued.

The Treasury Department and the IRS should modify and simplify a documentation requirement that is part of guidance on how companies will move to a new approach to counting their share of subsidiaries’ foreign income, an accounting group said.

President Donald Trump signed a directive on Friday further increasing the amount of beef imported into the US from Argentina, his latest move to address Americans’ concerns about affordability.

A large swath of countries pushed back Friday against a proposal that the United Nations play a role in encouraging the exchange of tax information between nations over concerns the move would impose obligations on governments.

The Japanese Ministry of Foreign Affairs Feb. 4 announced the initialing of a new DTA with the Philippines, to replace the 1980 DTA and the 1980 and 2006 protocols currently ...

The French Senate Jan. 28 accepted for consideration Bill No. 314, to ratify the new DTA and protocol with Cyprus, signed Dec. 11, 2023, which will replace the 1981 DTA ...

The United Kingdom HM Revenue and Customs Feb. 4 posted a synthesized text of the 2015 DTA with Bulgaria, and the Multilateral Convention to Implement Tax Treaty Related Measures to ...

The Czech Ministry of Finance Feb. 4 updated the list of DTAs currently in force to include information on the amendments to the 1994 DTA with Indonesia, which entered into ...

The Canadian Official Gazette Feb. 3 published Act No. R.S.C., 1985, c. 1, on the consolidated text of the Income Tax Act, current as of Jan. 19. [Canada, Government Legal ...

The Canadian Official Gazette Feb. 3 published Regulation No. C.R.C., c. 945, on the consolidated text of the Income Tax Regulations, current as of Jan. 19. [Canada, Government Legal Database, ...

The Pennsylvania Department of Community and Economic Development updated information on the Opportunity Scholarship Tax Credit Program (OSTC) and the Educational Improvement Tax Credit Program (EITC) for the upcoming School ...

The Massachusetts Department of Revenue (DOR) issued updated information on advance payment requirements for taxpayers with over $150,000 in total liability for certain tax types, from the previous year. The ...

The New Mexico Energy, Minerals, and Natural Resources Department updated information on its Solar Market Development Tax Credit (SMDTC) webpage. [N.M. Energy, Minerals & Nat. Res. Dep’t, Solar Market Development ...

The Washington Department of Revenue (DOR) adopted amendments to WAC 458-20-18801 regarding the taxation of medical substances, devices, and supplies for humans. The amendments reflect changes from SSB 5431 modifying ...

Idaho parents can now apply for a $5,000 to $7,500 credit on their taxes for expenses incurred by sending their children to private schools, the state’s top court said.

The Texas Attorney General (AG) issued an opinion addressing the Hood County Hospital District’s authority to impose an ad valorem tax after years of not levying one due to lease ...

Fourteen months after Stellantis NV parted ways with a chief executive officer who surprisedinvestors with wayward results, his successor has pulled a similar move.

The government didn’t pay for it — and it’s not planning to sell.

Lenders to bankrupt restaurant operator FAT Brands Inc. want the chief executive officer suspended without pay over a recent stock sale for its Twin Peaks dining chain, deepening a battle for control of the company as it attempts to restructure.

More companies globally are disclosing pollution caused by their suppliers and customers as new regulatory requirements take hold, even though they’re not sure their figures are reliable, according to a new report.

Oil giant Shell plc said Friday it would replace auditor Ernst & Young with PwC from 2027, amid a regulatory investigation into whether EY broke auditor rotation rules.

Amazon.com Inc. cut its US tax payments significantly last year because of business-friendly provisions included in the giant tax-and-spending law enacted in July, the company said Friday.