Tax avoidance

Asset managers are building products that give investors more control over when — and whether — they owe taxes.

Cruise operators may yet avoid paying more corporate taxes despite threats from the U.S. Commerce Secretary to close favorable loopholes.

Negotiations at the United Nations may gain new impetus after President Trump rejected the Organization for Economic Cooperation and Development tax framework.

TIGTA recommended that the IRS review its procedures for examining for large complex taxpayers.

Policies that lower the foreign taxes of U.S.-based multinational corporations are unlikely to benefit domestic workers, according to a recent academic study.

The parent of Italian beverages group Davide Campari-Milano NV said it isn't aware of any investigation following reports over alleged tax avoidance.

With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.

There's a growing sense of unease among asset managers that companies with conspicuously small tax bills pose a financial liability too big to ignore.

The report casts a skeptical eye on the PPLI industry, claiming it functions as a tax shelter for a few thousand millionaires and billionaires.

The global 15% minimum tax will reshape the landscape for global companies that shift profits around the world.

Through international cooperation and greater transparency, the OECD's Inclusive Framework suggests countries can develop more effective rules to minimize tax avoidance.

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 IRS's most recent study of how much taxpayers aren't paying suggests some important priorities going forward.

Negotiators presented a legal text that sets out who can levy the profits of the world's biggest corporations in order to prevent a resurgence of trade tensions.

The Treasury wants to curb the use of some types of transactions by listing them as potentially abusive tax dodges.

GOP members of the Ways and Means Committee want to prevent an international tax agreement backed by the Biden administration from taking hold.

Global corporations are hoping to fend off requirements for reporting on the amount of taxes they pay in each jurisdiction, while regulators are moving forward cautiously with imposing such rules.

Pressure on companies to disclose their tax approach, including how much and where they pay their taxes, isn't going away.

Elon Musk, the world's richest-person and head of electric carmaker Tesla Inc., said President Joe Biden's call for more taxes on super-wealthy Americans will only hurt lower-to-middle income groups.

The Internal Revenue Service issued a revenue ruling that aims to prevent abuse of stepped-up basis adjustments in irrevocable grantor trusts.