Bloomberg News

High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.

Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

LC Lawyers, the Hong Kong law firm member of the Big Four auditor's global network, will cease operations on Jan. 23.

Iris supplies software for the accounting, payroll, human resources and education sectors.

The job cuts will affect "a limited number of people" in the Big Four firm, according to a statement from EY's U.S. unit.

Like other firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

The World Health Organization said raising excise taxes on alcohol and sweetened beverages is the most effective way to reduce consumption while generating revenue.

The Swiss city of Lugano started to accept cryptocurrencies for paying taxes, fines and all other invoices from the municipality.

The rules, which aren't finalized, include measures sought by environmentalists that would require hydrogen-production operations to be powered by wind, solar or other clean-power projects built within the last three years to qualify for a $3-per-kilogram credit.

Artificial intelligence will eliminate vast swaths of the repetitive, time-consuming tasks that typically filled up junior staffers' first few years on the job.