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The revised draft rules deleted the requirement that on-site inspections should be mainly conducted by Chinese regulatory agencies or rely on their inspection results.

Chinese authorities are preparing to give U.S. regulators full access to auditing reports of the majority of the 200-plus companies listed in New York as soon as the middle of this year.

Gary Gensler signaled that only total compliance with U.S. audit inspections will allow the companies to keep trading on American markets.

The board said Thursday that it is still meeting with Chinese authorities to discuss the ability to inspect auditing firms in that country.

The board is reportedly making progress on talks with Chinese authorities on enabling access to inspections of local firms.

China and the U.S. should be able to reach an agreement on the auditing dispute, according to a senior executive at China’s top investment bank.

The Empire State wasn’t the only one to come out ahead, with all 50 states receiving more from the federal government than their residents paid in taxes in fiscal year 2020.

The Golden State is poised to restore corporate tax breaks and extend its workaround for the federal cap on deductions for state and local taxes.

India took a step closer to adopting cryptocurrencies after years of wavering on its stance, as the country seeks to keep up with the global move toward digital assets.

Signs of contagion are rippling through China’s property industry, with a spate of auditor resignations deepening concerns about developers’ financial health.

Opponents of the plan filed a lawsuit claiming a state summary of a November ballot question misleads voters.

The “resident investor” incentive lures wealthy individuals with the promise of legally skirting U.S. income tax.

European countries are skeptical of the French president's abiliy to jumpstart implementation of a minimum corporate tax.

FICPA held its second annual Virtual Advocacy Day on Thursday, with members meeting online with lawmakers.

For condos alone, faulty methods shift nearly $300 million in annual property taxes from the top 10%, by value, to the remaining 90%.

The new product is a move toward readiness for the U.K. tax authority’s “Making Tax Digital” initiative.

More than 100,000 people who used to work or live in the state have received notices asking why they paid less to the state than they have in years past.

The Empire State collected $1.6 billion in revenue in July, up $276 million from a year earlier, signaling a strong rebound.

The European Union’s plan to propose a new digital-services tax is unlikely to undermine global talks aimed at eliminating such levies, according to the head of the international group spearheading the discussions.

The European Union’s digital chief will meet U.S. Treasury Secretary Janet Yellen next week as the EU delayed plans for a digital levy after a potential global tax breakthrough.