California Gov. Gavin Newsom signed a bill prompting lawmakers to explain the goals of new tax breaks but vetoed a related measure that would have created a new board to evaluate the effectiveness of such large breaks.

The new head of South Africa’s tax agency says rebuilding the organization will be a long haul after management was “dismantled” and it lost public trust.

New final rules give taxpayers more flexibility when deducting losses sustained from a federally declared disaster.

Malaysia’s finance minister said the government won’t raise taxes unnecessarily even as the trade war between two of its largest trading partners hampers the state’s goal of achieving a balanced budget.

President Donald Trump asked a federal appeals court to block his accounting firm from turning over his tax filings and other financial records to New York state prosecutors.

Cologne public prosecutor’s office is investigating several former employees at Hamburg Commercial Bank, formerly known as HSH Nordbank, in connection with so-called cum-ex trading, Handelsblatt reports, without saying where it got the information from.

Less than a year after the U.S. wind industry swore off federal tax credits, its top lobbyist wants another go at the incentive that helped it become the cheapest source of new energy in much of the world.

A California man who even prosecutors said was among the least culpable of those charged in the college admissions scandal was sentenced to probation—the first parent to avoid prison altogether.