-
The federal government’s deficit has shrunk by some $1.57 trillion, driven by record receipts from a strong economy and a slowdown in spending.
By Laura DavisonMay 12 -
The Treasury secretary will meet next week with counterparts in Europe, aiming to keep up pressure on Russia and prevent delays to the implementation of a global tax deal.
By Christopher CondonMay 10 -
The top tax official at the OECD signaled his uncertainty over whether national governments will keep to the agreed timetable.
By Christopher CondonMay 6 -
Audits of high-net-worth filers require more time and expertise, and the agency’s underfunding has led to a significant loss of personnel capable of performing those.
By Christopher CondonApril 18 -
Treasury Secretary Yellen is counting on the support of corporate America for the deal to win passage in Congress — a crucial step for its worldwide success.
By Christopher CondonApril 8 -
The Treasury secretary said a digital dollar would take years to develop if the U.S. decides to proceed with one, underscoring a deliberate approach by policymakers.
By Christopher CondonApril 7 -
The Treasury has sought to reassure a group of Republican senators the agreement will have a negligible impact on U.S. tax revenue.
By Christopher Condon and Isabel GottliebMarch 9 -
The chief policy officer for the U.S. Chamber of Commerce said the group has grown concerned that a global tax deal may “fundamentally disadvantage U.S. companies.”
By Christopher CondonFebruary 16 -
The biggest win of her tenure — a global agreement on corporate taxes — remains incomplete.
By Christopher CondonFebruary 7 -
European countries are skeptical of the French president's abiliy to jumpstart implementation of a minimum corporate tax.
By William Horobin, Jorge Valero and Christopher CondonJanuary 18