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About 140 countries signed on to the outline of a groundbreaking pact in 2021 to reform the way large multinational companies are taxed.
May 28 -
Testifying at a London court from a Danish prison via a video call, Sanjay Shah insisted that his controversial so-called Cum-Ex trades were lawful and that any rumors circulated in the industry were merely due to jealousy.
May 22 -
The measures include expanded tariffs, tax policy guidance that could heighten demand for some U.S.-made solar equipment and promises of heightened vigilance for signs of unfair trade.
May 16 -
More than half of phone calls to HMRC are now going unanswered.
May 15 -
The Internal Revenue Service and the Treasury Department plan to issue regulations on the interplay between foreign tax credits, dual consolidated losses and OECD rules.
May 9 -
The bank successfully fought off a London court claim brought by investors over tax breaks linked to financing for 'Pirates of the Caribbean 2.'
April 26 -
Stakeholders are demanding ever greater tax transparency, and companies must navigate evolving, complex reporting requirements around the globe.
April 25
EY -
Cum-Ex was a tax-driven trading strategy in which a global network of bankers, lawyers and agents exploited loopholes on dividend payout laws across Europe to reap duplicate tax refunds.
April 25 -
BEPS Pillar Two will affect a significant number of companies by establishing an effective global minimum tax rate of 15%.
April 22
Insightsoftware -
Cum-Ex was a tax-driven trading strategy in which bankers, lawyers and others exploited dividend payout laws across Europe to reap duplicate tax refunds.
April 17 -
Food delivery fleets allegedly used false invoices that didn't match the services they provided.
April 17 -
The International Ethics Standards Board for Accountants has unveiled a set of ethical standards for business tax planning in response to complaints over tax avoidance by multinational companies.
April 15 -
Thomson Reuters recently closed its $800 million acquisition of Pagero, a Swedish e-invoicing company, placing a big bet on the future of electronic invoicing amid wider changes in international tax and accounting.
April 3 -
The revenue service accused Binance of nonpayment of VAT and company income tax, failure to file returns, and complicity in aiding customers to evade taxes.
March 26 -
A British hedge fund trader said in court that he and his team did nothing illegal when receiving more than $1.3 billion\ in dividend tax refunds.
March 19 -
Marlene Engelhorn plans to let 50 strangers decide the fate of her inheritance.
March 15 -
Wolters Kluwer announced that its solution support the global minimum tax in accordance with OECD Pillar II requirements.
March 13 -
Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.
March 13 -
A British hedge fund trader pleaded guilty to allegations he helped swindle Denmark out of about 8.4 billion kroner ($1.2 billion) in a massive Cum-Ex scandal that rocked the Nordic country.
February 29 -
The Internal Revenue Service issued a notice granting an administrative exemption from the electronic filing requirements for the Annual Withholding Tax Return for U.S. Source Income of Foreign Persons.
February 27















