Tax avoidance

A court in the Channel Island of Jersey froze more than $7 billion of assets linked to Roman Abramovich, equivalent to half of his estimated wealth.

World leaders, celebrities and more used hundreds of thousands of shell companies in Panama to hide their assets and take advantage of accounting and tax loopholes.

An unprecedented leak has revealed the offshore financial assets of dozens of current and former world leaders and hundreds of politicians.

The uber-rich are already using a trick to avoid paying the higher taxes proposed by Democrats, but it won’t work for the moderately.

Two companies are teaming up to allow clients to buy mining machines through an IRA.

Global companies are benefiting from a prolonged decline in tax rates, new data from the OECD shows.

The European Union said Monday it would postpone its push for a controversial digital levy to focus on a negotiation over a broader minimum global tax deal.

The Treasury Secretary hopes Congress can take up two key portions of a global tax agreement endorsed by Group of 20 finance ministers.

The world took a big step toward sweeping changes in taxation setting a minimum rate for corporations along with rules to share the spoils from multinationals.

Financial-services companies are set to be exempt from a global plan to make multinational firms pay more tax to the countries where they operate, in a win for U.K. Chancellor of the Exchequer Rishi Sunak.

Negotiations among more than 100 countries to overhaul global taxation are facing key questions as rich nations seek to persuade many developing economies to reach a preliminary deal in the week and a half.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

Big tech and other industries that have bunkered down in Europe’s tax havens are unlikely to shift their bases under the proposed global minimum tax regime.

Some of the world’s most powerful heads of state will meet in England later this week to confer on the biggest issues facing humanity.

A tax deal between the world’s richest countries brings global governments a step closer to clawing back some power from technology giants that have used century-old regimes to build up wealth eclipsing the economies of most nations.

Sen. Ron Wyden has questions about why the company consistently loses money in the U.S. and doesn’t pay more in taxes.

This week’s finance ministers’ meeting may help lead to a broader deal in July or October.

Billions of dollars in underreported taxes by employers and backup withholding for their employees are helping fuel the tax gap, according to a new report.

Most at risk are taxpayers whose earnings aren’t reported to the IRS by an outside source like an employer or brokerage firm.

Congressional Democrats have reintroduced legislation in the House and Senate to shed more light on the use of corporate tax havens and incentives for outsourcing jobs abroad.