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The lawsuit follows the announcement of the nearly $1.8 billion fund as part of an agreement to end Trump's unprecedented $10 billion lawsuit against the IRS.
May 21 -
The quick-witted Democratic congressman who found himself on the front lines of the government's rescue of the American financial system has died.
May 20 -
The case centers on PwC's auditing work for Evergrande, an emblem of China's property crisis since it defaulted in 2021.
May 18 -
Employees were asked to offer up their own tax returns as training data for the company's Grok chatbot, promising a $420 payment as incentive for doing so. Two months later, those payments still haven't materialized.
May 18 -
California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions of dollars in new revenue.
May 15 -
The proposed tax would be levied at 1% of the purchase price and would be paid by the buyer.
May 15 -
For a small number of New Yorkers who own luxury second homes in the city, the prospect of seeing their property tax rates go up is still alive.
May 13 -
Poland will continue working on legislation to tax digital platforms, the finance minister said, despite threats of retaliation from the Trump administration.
May 13 -
The payments are being processed through a new online government portal and will include interest on duties paid across more than 8 million import entries.
May 12 -
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers' property taxes, an unpopular measure he threatened to use to help close a deficit.
May 12 -
Individual and corporate tax receipts dropped in the wake of President Donald Trump's signature tax cut legislation.
May 12 -
Speaker Mike Johnson called suspending the federal gas tax "an intriguing idea" but didn't commit to a timeline as momentum builds in both chambers to take action.
May 12 -
A federal gasoline tax holiday as proposed by President Trump would result in billions of dollars in lost tax revenue each month, budget analysts say.
May 12 -
President Donald Trump voiced support for a gasoline tax holiday to counter rising prices at the pump, as the cost of oil soars while the war with Iran drags on.
May 11 -
New York Governor Kathy Hochul is planning to participate in President Donald Trump's controversial federal school choice program.
May 11 -
New York officials are trying to give shape to the pied-à-terre tax proposed by Governor Kathy Hochul, with significant questions still unresolved.
May 11 -
One of the nation's largest solar installers filed for bankruptcy last month, citing the phaseout of federal tax credits and Trump's executive orders.
May 8 -
Rod Drury, the founder of ASX-listed accounting software firm Xero, has handed back the New Zealander of the Year prize he won just weeks ago.
May 8 -
Governor Kathy Hochul and state lawmakers settled on a pied-à-terre levy aimed at high earners who don't call the city home.
May 7 -
SOC Investment Group, an advisor to union-affiliated pension funds, is urging U.S. regulators to probe SpaceX's financials ahead of a Wall Street debut.
May 6
