Bloomberg News

The administration won't move forward with the fund, a key pillar of the agreement with the IRS and Treasury Department over leaks of Trump's tax information.

Florida lawmakers approved a stripped-down version of a proposal from Gov. Ron DeSantis to slash property taxes, removing local school districts from the plan.

The Trump administration created the fund as part of a settlement resolving the president's lawsuit against the IRS over the 2019 leak of his tax information.

Governor Ron DeSantis floated a plan that could eventually eliminate property taxes for more than 90% of Florida residents who own their homes.

A judge closed the president's case after his personal attorneys withdrew his lawsuit against the IRS for leaking his tax information.

The governor proposed to lift the exemption on homesteaded properties to $250,000, which would fully eliminate property taxes for 60% of Floridians.

Trump said Democratic policies on crime and taxes were leading to an exodus of businesses and taxpayers from New York, as he touted his tax cuts.

Democrats on the Senate Finance Committee called on chairman Mike Crapo to launch a bipartisan probe into the Justice Department's new weaponization fund.

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.

The quick-witted Democratic congressman who found himself on the front lines of the government's rescue of the American financial system has died.

The case centers on PwC's auditing work for Evergrande, an emblem of China's property crisis since it defaulted in 2021.

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.

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.

The proposed tax would be levied at 1% of the purchase price and would be paid by the buyer.

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.

Poland will continue working on legislation to tax digital platforms, the finance minister said, despite threats of retaliation from the Trump administration.

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.

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.

Individual and corporate tax receipts dropped in the wake of President Donald Trump's signature tax cut legislation.

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.