Corporate taxes

The Biden administration secured an extension of a worldwide freeze on new digital taxes, putting it on a collision course with Canada after Ottawa refused to endorse the deal.

Global corporations are hoping to fend off requirements for reporting on the amount of taxes they pay in each jurisdiction, while regulators are moving forward cautiously with imposing such rules.

A recent study of companies with enterprise resource planning systems found they are correlated with lower tax burdens and more aggressive tax positions.

The Internal Revenue Service provided transitional guidance on the 1% excise tax on corporate share repurchases that was part of last year's Inflation Reduction Act.

Pressure on companies to disclose their tax approach, including how much and where they pay their taxes, isn't going away.

The Top 10 Firm is becoming a professional service corporation instead of a partnership in July, a move that could have a major impact on the finances of its partners and employees.

Two provisions from the Inflation Reduction Act are already having an impact on encouraging this kind of business in the U.S.

As bonus depreciation leverages down, cost segregation professionals have to wonder what happens if bonus phases out.

The IRA's 1% levy on stock repurchases likely won't move the needle — or it will move it too far, experts contend.

At some point in a business's lifetime, it may make sense to change its legal business structure.