Bloomberg News

A Swiss firm and five bankers were charged with tax fraud conspiracy for allegedly helping hide $60 million in assets.

The U.K.’s accounting watchdog has imposed sanctions against Grant Thornton Ltd., and a partner at the business, for its role in the alleged accounting fraud at the Patisserie Valerie bakery chain.

The law professor who’s coordinated President Biden’s sweeping tax proposals is finding that many Democrats don’t share his zeal to soak the rich.

President Biden plans to urge Democrats to unite, focusing on the struggles of middle class families.

The proposal to end the step-up in basis was already facing obstacles before it was left out of draft legislation.

The progressive Democratic congresswoman Alexandria Ocasio-Cortez used the Met Gala to make a political statement by wearing a dress with the message splashed across the back.

Intuit Inc., the maker of TurboTax and QuickBooks software, agreed to buy privately held email marketing firm Mailchimp for $12 billion in cash and stock, uniting two providers of services for small businesses.

Two senior Democratic senators proposed the tax in an effort to boost investment and reduce what they termed 'tax avoidance.'

The stumbling block is scrapping the deduction limit without losing progressives wary of a tax cut that would overwhelmingly benefit the wealthy.

Key legislators are at odds over how high to increase levies on investment gains.

The lack of tax information from major platforms isn’t a technological limitation. It’s a design decision.

The mandate will go into place Oct. 11, seven weeks after the FDA's full approval of the Pfizer vaccine.

As they struggle with an affordable housing crunch, policymakers are looking at targeting the empty homes of the wealthy.

Former Treasury officials say both parties should agree to increase money for the agency.

The bill would expand eligibility for the “pass-through” deduction to lawyers, accountants or doctors making above certain income thresholds.

Democratic leaders want voters in key states to know which party is responsible for the checks Americans with young children are set to start receiving on Thursday.

Senate Democrats are moving to impose tariffs on carbon-intensive imports as a way to help pay for their tax-and-spending legislation, according to one person familiar with the plan.

Mexican businessman Miguel Aleman Magnani is residing in France and fighting an arrest warrant in his native country on charges of tax fraud.

The Malaysian government is seeking more than $5.6 billion from the auditors over their role in auditing the state investment fund.

The tax deal proposes a minimum corporate levy of at least 15%, and new rules for dividing up the tax revenues from the world’s largest companies — particularly U.S. tech giants.