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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 -
The iPhone maker risks having to pay billions to Ireland after an advisor to the European Union's top court said its victory in an earlier challenge should be thrown out.
November 9 -
Many are considering extra hiring to handle the upcoming mandates, according to KPMG.
November 7 -
The 15% GMT on corporate profits is likely to generate only a fraction of the tax revenue expected, according to a new report.
October 23 -
The service is improving its online tax pro accounts and hiring more accountants as it targets big corporations for audits.
October 20 -
Treasury Secretary Janet Yellen indicated the U.S. will be unable to sign a treaty on global tax rules in time to uphold a deal that prevents other countries from imposing new levies on some of the largest American tech companies.
October 17