Corporate taxes

Almost 40 percent — or some $15 trillion — of the world’s foreign direct investment is “phantom capital” designed to minimize the tax bills of multinational firms, according to a study published by the International Monetary Fund.

Now a few of them have latched on to a generous new federal benefit for investing in lower-income U.S. communities.

The Internal Revenue Service isn’t doing enough to address billions of dollars worth of potentially erroneous carryforward tax credits and deductions claimed by businesses, according to a new report.

The protocols represent the first updates to U.S. tax treaties in nearly a decade.

Germany is looking to cap its corporate tax burden at 25 percent as the country seeks to help smaller businesses amid signs the economy is lurching into a recession.

The Internal Revenue Service and the Treasury Department issued a notice saying they intend to issue regulations for determining global intangible low-taxed income.

Most CPAs are familiar with the tax benefit of using an IC-DISC, but many do not realize the additional benefit that can be generated by a different method of calculation.

The federal government is collecting billions of dollars less than it could because of resource shortages at the tax agency, according to a new study.

The cost can be enormous in terms of taxes paid unnecessarily, and more.

The Trump administration’s tax cuts have had little direct impact on business investment decisions, according to an analysis by the International Monetary Fund.