International taxes

Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

The Treasury Department and the Internal Revenue Service expect to issue proposed regulations to address the application of the foreign tax credit and related rules.

Federal prosecutors charged Pictet with conspiring to help taxpayers to conceal assets and income from the IRS between 2008 and 2014.

The World Health Organization said raising excise taxes on alcohol and sweetened beverages is the most effective way to reduce consumption while generating revenue.

The Swiss city of Lugano started to accept cryptocurrencies for paying taxes, fines and all other invoices from the municipality.

A judge told the former attorney who advised top banks on the trading strategy at the center of Europe's biggest tax scandal to expect to be found guilty.

Deploying 1,400 tax collectors — touted by the government as "paramilitary trained" in order to discourage resistance — is the most aggressive in a long line of controversial steps to nearly double the government's revenue collection to a quarter of gross domestic product by 2030.

Microsoft's recent embroilment with the IRS highlights the dangers of this tax strategy for multinational companies.

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.

The U.K. Supreme Court rejected lawyers' claims that London isn't the proper place for the Danish tax agency to bring its claim.