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More than half of U.S. states are using record budget surpluses to fund their biggest collective tax break in decades.
By Mackenzie HawkinsAugust 10 -
The U.K. telecom giant was hit by massive fraud at its Italian unit.
By Katharine GemmellAugust 9 -
Included in the $433 billion Inflation Reduction Act is a 10-year production tax credit for nuclear energy producers.
By Ari NatterAugust 4 -
The Byrd rule allows individual pieces of a measure to be challenged on the grounds that they are incidental or extraneous to the budget.
By Ari NatterAugust 2 -
Sinema has expressed opposition to ending the carried-interest tax break used by private equity and hedge fund managers to lower their tax bills.
By Diego Areas MunhozAugust 1 -
The legislation would reinstate and increase a long-lapsed tax on crude and imported petroleum products to 16.4 cents per gallon.
By Ari NatterAugust 1 -
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.
By Keith Laing and Ari NatterJuly 28 -
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
By John HollandJuly 27 -
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.
By Nicola M. WhiteJuly 25 -
The former Treasury secretary said that any tax hikes shouldn’t go toward funding fresh outlays.
By Christopher AnsteyJuly 25 -
An excise tax for small and midsized producers beginning at 5% would be imposed on cannabis products and gradually increase to 12.5%.
By Jarrell DillardJuly 22 -
Zepz called allegations about accounting issues “speculative and factually incorrect,” and the company hasn’t announced a timeline for an IPO.
By Ivan LevingstonJuly 22 -
The push by the city-state’s firms to offer larger paychecks reflects the broader competition for skilled talent in the financial hub.
By Low De Wei and Joyce KohJuly 20 -
Ireland was one of a few hold-outs before the agreement and sought assurances of U.S. support from Treasury Secretary Janet Yellen.
By Morwenna Coniam and Francine LacquaJuly 20 -
The tech giants have submitted to Indonesian regulations that grant Jakarta sweeping powers to shut down content it deems undesirable and to tax digital sales.
By Fathiya DahrulJuly 19 -
KKR is seeking a valuation of more than $2.7 billion in a potential sale of the accounting software maker to Australia & New Zealand Banking Group, according to people familiar with the matter.
By Harry Brumpton and Vinicy ChanJuly 12 -
Two U.S. states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else.
By Michael J. BolognaJuly 5 -
Suspending the federal gasoline tax may sound like welcome relief, but experts warn it could bring mixed results — or even higher gas prices in the end.
By Martine Paris and Devika Krishna KumarJune 23 -
The chemical and automotive fluid manufacturer will realign its business units in the wake of a bookkeeping investigation triggered by whistleblowers.
By William WilkesJune 22 -
Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor as they seek to wrap up negotiations on a spending deal.
By Ari NatterJune 22



















