Person Root Tag

President Joe Biden urged Senate Democrats to act boldly on his sweeping social and economic agenda Wednesday, as they began hashing out details of an $3.5 trillion tax and spending agreement that marks a crucial step forward for his plan.

Senate Democrats on the Budget Committee agreed to set a $3.5 trillion top-line spending level for a bill to carry most of President Joe Biden’s economic agenda into law without Republican support, bridging divisions — for now — among some party factions.

Lawmakers remain divided on the size and scope of the fast-track budget reconciliation bill intended to include a raft of social spending and tax increases.

The Treasury secretary said U.S. companies are likely to provide crucial support in pushing lawmakers to back a global overhaul of corporate taxation.

Some people might have ulterior or selfish reasons for doing something, but that doesn’t negate what you can learn from them.

The European Union said Monday it would postpone its push for a controversial digital levy to focus on a negotiation over a broader minimum global tax deal.

The Treasury Secretary hopes Congress can take up two key portions of a global tax agreement endorsed by Group of 20 finance ministers.

French Finance Minister Bruno Le Maire said he is confident the Group of 20 economies will back a deal on international tax, even as his country pushes for a higher minimum corporate rate.

The Internal Revenue Service agreed to grant tax-exempt status to Christians Engaged, a nonprofit that urges Christians to pray for elected officials and vote, after coming under pressure from conservatives.

The U.S. is pressing European officials to reconsider plans to enact a digital tax across its 27 members in a dispute that threatens to undermine significant progress made recently toward a global corporate tax agreement.

Cyrus Vance Jr. is going out with a bang, after an almost 12-year career as Manhattan’s powerful but staid district attorney, filing charges against the company and its longtime CFO, Allen Weisselberg.

There are many qualities that make a partner and many times it is not one big thing but many small things.

Part of Allen Weisselberg’s legal troubles began when his former daughter-in-law couldn’t get the numbers in her divorce proceedings to add up.

Trump Organization Chief Financial Officer Allen Weisselberg made $940,000 a year from 2011 to 2018, but much of that was “off the books,” Manhattan prosecutors claim.

An tiny group of countries from far-flung corners of the EU is resisting worldwide consensus on a revamp of corporate tax.

The world took a big step toward sweeping changes in taxation setting a minimum rate for corporations along with rules to share the spoils from multinationals.

Negotiations among more than 100 countries to overhaul global taxation are facing key questions as rich nations seek to persuade many developing economies to reach a preliminary deal in the week and a half.

A grand jury indicted Allen Weisselberg and the company in an extraordinary challenge to the former president.

Chief Financial Officer Allen Weisselberg is expected to be charged in the first cases to emerge from a multiyear investigation of the former president’s company

The administration is aiming at trusts — particularly dynasty trusts, vehicles that wealthy families can use to benefit multiple generations of descendants.