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Through international cooperation and greater transparency, the OECD's Inclusive Framework suggests countries can develop more effective rules to minimize tax avoidance.
December 28Kreston Rangamani -
The company said the city used the presence of its Cruise self-driving unit to tie its tax bill to a portion of its global revenue.
December 28 -
The Internal Revenue Service and the Treasury Department have issued a notice saying they intend to propose regulations to address the capitalization and amortization of specified research and experimental expenditures.
December 26 -
The Treasury is providing additional guidance on the corporate alternative minimum tax for billion-dollar companies.
December 15 -
The Financial Accounting Standards Board issued an accounting standards update aimed at improving income tax disclosures from companies.
December 14 -
Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.
December 13 -
The five S&P 100 companies with the lowest overall tax rates paid an average of -18.87% in 2022.
December 11 -
Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.
December 5 -
Microsoft's recent embroilment with the IRS highlights the dangers of this tax strategy for multinational companies.
November 14 -
The American Institute of CPAs is rolling out some changes in its tax standards that will take effect in January.
November 13