Corporate taxes

The European Union stumbled again in its attempt to implement a minimum corporate tax at 15% as Poland continued to block progress.

The administration is calling for more than $2.5 trillion in tax hikes on wealthy and large corporations over a decade.

The proposal aims to collect more revenue from the largest U.S companies that are earning more than they did before the pandemic and war in Ukraine.

Build Back Better seems less and less likely, but federal taxes are still on execs' minds, according to a recent survey.

The service is outmatched in resources and expertise when it audits some of the largest companies in the country, the agency’s top official said.

Additional reasons for uncertainty in 2022 include surging inflation, interest rate increases, war in Europe, global minimum taxes and the continuing pandemic adding to worries.

The European Union failed to quickly agree on how to implement a global minimum tax for corporations after concessions proposed by France failed to win over reluctant countries.

A state reinterpretation of an old law could mean a new tax liability for businesses that have sold remotely into the Golden State.

Sen. Sheldon Whitehouse is pitching a tax on oil companies as part of a broader plan to mitigate the impact of inflation on middle-income families.

Senators Sheldon Whitehouse and Elizabeth Warren say they’re working on a proposed new tax targeting profits being reaped by oil companies as crude prices spike amid geopolitical tensions.