Corporate taxes

Seattle levied an annual tax of about $50 million on big companies last week to help solve the city’s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc.

European authorities indicated they are open to dropping a case against Ireland for failing to collecting Apple Inc.’s tax arrears quickly enough, as the company paid over a first tranche of cash.

The Internal Revenue Service has issued a new template that corporate taxpayers need to use when asking for an advance pricing agreement with the IRS.

The U.S. lost a bid to help Apple Inc.’s court fight against the European Union’s order to pay Ireland a record 13 billion euros ($15.3 billion) in unpaid taxes.

Cash-rich companies that had been some of the biggest buyers of corporate bonds have started selling their holdings after tax law changes, according to Bank of America Corp. strategists.

The telecom giant is accused of illegally withholding information about how it plans to spend its savings from President Trump’s tax overhaul.

A key figure disappeared from Apple Inc.’s latest quarterly report. It’s also gone from the regulatory filings of Netflix Inc., Microsoft Corp., Google’s Alphabet Inc. and Oracle Corp.

Corporate America is stepping up its investment plans this year, but the main reason may come as a surprise. An improved business outlook — rather than the Trump administration’s tax cuts — is driving companies’ decisions.

With trillions in corporate cash expected to be deemed repatriated under the TCJA, Checkpoint has published an analysis of the act's transition tax on deferred foreign earnings.

Tax professionals are anticipating more changes in state taxation in the aftermath of the tax reform law, according to a new survey.