International taxes

Uber Technologies Inc., responding to a European crackdown on offshore tax havens, created a $6.1 billion Dutch tax deduction that will help the company reduce a chunk of its global tax bill for years to come.

The former chief executive officer of HSBC Holdings Plc’s Swiss private bank pleaded guilty to helping wealthy clients hide assets worth at least 1.6 billion euros ($1.8 billion) as French prosecutors flex their muscles to tackle white-collar crime.

Danish police are investigating an explosion that ripped through the country’s national tax agency late on Tuesday, in what authorities are characterizing as a deliberate act.

HSBC Holdings Plc’s Swiss private banking unit agreed to pay about 294 million euros ($329 million) to settle a Belgian criminal probe into allegations it helped wealthy clients dodge hundreds of millions of euros in taxes.

The presidential candidate says she would fund her health-care plan by rolling back one of the few changes in Trump’s tax law that Democrats actually wanted.

The U.K. retailer reported a surprise tax bill of almost $750 million, the departure of its financial chief and deepening woes at department-store chain House of Fraser.

France stuck to its plan to tax big multinational tech companies, defying U.S. President Donald Trump’s suggestion that he might impose tariffs on French wine.

Politicians from both sides of the aisle in Washington are agitating for curbs on the record pace of stock buybacks planned by American companies.

GILTI and FDII may be encouraging companies to invest more abroad, rather than repatriating their income.

U.S. corporations brought back offshore profits in record numbers last year with nearly half of the repatriated funds coming from low-or-no-tax countries where companies had stashed cash prior to the 2017 tax law.

These days, not even the 7-foot, 6-inch Yao Ming can fight his way through the U.S.-China trade war.

The Internal Revenue Service issued some clarifications on an agreement with the French government not to challenge foreign tax credits for certain kinds of tax payments in France.

The U.S. and France agreed to push ahead with creating a global digital tax system at a Group of Seven meeting, papering over a feud on the matter that still has Washington dangling threats of tariffs.

Lawmakers overcame objections from Sen. Rand Paul who had held up the treaties over fears that they could jeopardize U.S. taxpayers’ privacy.

A French-U.S. clash over digital taxation overshadowed the start of a Group of Seven finance chiefs meeting as France refused to flinch on its levy that would hit tech giants.

The Internal Revenue Service offered additional information for multinational companies repatriating their foreign profits under the Tax Cuts and Jobs Act.

The move could be a prelude to new tariffs under the Trump administration.

Substantial changes in the regulations for the new global intangible low-taxed income could mean that many more amended K-1 schedules will be necessary for tax practitioners this year.

The Treasury Department has narrowed the reach of a new tax aimed at technology and pharmaceutical companies with overseas income, wiping out an unintended consequence of President Donald Trump’s 2017 tax overhaul.

Tom Wheelwright sees value-added taxes as a cause of current tariff troubles.