International taxes

There’s bad news for companies that may have accidentally overpaid this year’s "repatriation" taxes on foreign profits: they won’t be getting a refund.

Apple Inc. must still pay 5 billion euros ($5.8 billion) to comply with a European Union back-tax order, nearly two years after the company’s fiscal deals with Ireland were ruled illegal.

Repatriation provisions in the TCJA are hitting companies of all sizes.

It’s easy to be outraged about multinational corporations’ shifting of profits to tax havens, but much harder to figure out how to stop them from doing it without hurting the economy. Evidence exists that curbing tax avoidance opportunities makes these firms move actual jobs, not just accounting profits, overseas.

Canada’s Liberal government will seek to address competitiveness challenges faced by the nation’s businesses in a budget update later this year amid pressure to respond to U.S. tax reform.

Images of Paul Manafort’s multimillion-dollar houses and elegant suits, along with his tax filings, loan documents and summaries of money from foreign sources, will be displayed to jurors when he goes on trial this month.

President Vladimir Putin’s offer to help the U.S. investigate alleged Russian election meddling, hailed as an “incredible” gesture by Donald Trump, included the same allegations made by a Kremlin-linked lawyer at a controversial 2016 meeting with top campaign officials of the future president.

The Internal Revenue Service did a lot to implement the Foreign Account Tax Compliance Act, yet its efforts have fallen short, says TIGTA.

What was meant to be an opportunity to mingle in the sun in a southern French city turned partly into a public denunciation of tax practices of U.S. web giants.

Transfer pricing, once an arcane specialty, has been growing as more countries apply their own rules and regulations.

The Large Business and International Division is targeting virtual currency, S corporation distributions and more for extra scrutiny.

Volkswagen AG’s Porsche sports car unit is under investigation by the Stuttgart tax office over the way it accounted for marketing and catering expenses during the past 8 years, according to people familiar with the matter.

Leaders of tax enforcement authorities from the five countries have allied to create the Joint Chiefs of Global Tax Enforcement (or J5), to collaborate in fighting international and transnational tax crimes and money laundering.

Here are the major considerations to keep in mind when developing future strategies that are affected by the tax code's new provisions.

The European Union is on course to hand dozens of U.K.-based companies a pre-Brexit tax bombshell, according to people familiar with a state-aid probe that could lead to bills exceeding 1 billion pounds ($1.3 billion).

The Internal Revenue Service and the Treasury Department are going to amend the Section 987 regulations to postpone them for another year.

Ernst & Young has released a study on some trends it is seeing at companies around the world.

Corporate tax rates are falling around the world. Inequality expert Gabriel Zucman questions the conventional wisdom that they will goose investment and economic growth.

A growing proportion of U.S.-born expatriates do not feel they should be required to file taxes while they live abroad and about one-fifth of them are considering renouncing their U.S. citizenship, according to a new survey.

The agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law.