Bloomberg News

The country's progressive personal income tax schedule is undermined by deductions that largely benefit high-income earners.

The bill would force the rich to declare their assets at current value, unlike the old law, which allowed them to report assets at their original purchase price.

The firm made its biggest investment in staff pay in a decade, with half of its 24,000 workers getting a pay rise of 9% or more.

The company is shifting course as global regulators crack down on digital asset services.

The professional services firm said it would no longer consider a 2:1 degree as a minimum requirement for entry-level jobs or internships.

One of the world's richest men felt he had to give one of the nation's most powerful lawmakers a little pep talk.

The moment Biden signed the bill was effectively the starting gun for a race to write new policies to implement its clean energy tax credits, climate programs and environmental mandates.

The inspections add to the challenges facing the Shenzhen-based company at the center of China's real estate crisis.

Former Treasury Secretary Lawrence Summers criticized the stripping of a global corporate minimum tax from the recent tax-and-climate change bill.

Donald Trump is taking the Fifth as he sits for a deposition on a probe into potentially fraudulent valuations.

More than half of U.S. states are using record budget surpluses to fund their biggest collective tax break in decades.

The U.K. telecom giant was hit by massive fraud at its Italian unit.

Included in the $433 billion Inflation Reduction Act is a 10-year production tax credit for nuclear energy producers.

The Byrd rule allows individual pieces of a measure to be challenged on the grounds that they are incidental or extraneous to the budget.

Sinema has expressed opposition to ending the carried-interest tax break used by private equity and hedge fund managers to lower their tax bills.

The legislation would reinstate and increase a long-lapsed tax on crude and imported petroleum products to 16.4 cents per gallon.

A breakthrough deal between senators Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles.

The whistleblower program ignores its own rules, shields much of its work from the public, and has been a financial boon for law firms that hired former agency officials

Selling 75% of its cryptocurrency gave the company a one-time cash infusion, the electric car company said, but the battered value of its remaining Bitcoin also dinged profits.

The former Treasury secretary said that any tax hikes shouldn’t go toward funding fresh outlays.