Tax

Global tax professionals are concerned about the impact of the OECD's base erosion and profit shifting plan, as well as artificial intelligence technology.

The Internal Revenue Service is cautioning taxpayers to beware of a new scam in which fraudsters are sending out cardboard envelopes from a delivery service asking for personal info.

The ruling comes amid a deepening U.S. crackdown on cryptocurrency.

The service posted a fact sheet Friday on tax credits for renewable energy projects under the Inflation Reduction Act.

The differing fortunes highlight the growing divisions between the largest Democrat- and Republican-led states as they compete for businesses and people to relocate.

Cigar bars; Loyal to the end; keeping that pipeline full; and other highlights of recent tax cases.

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.

The advisory committee's annual report offers a long list of recommendations and potential improvements.

A recent study of companies with enterprise resource planning systems found they are correlated with lower tax burdens and more aggressive tax positions.

The Internal Revenue Service provided transitional guidance on the 1% excise tax on corporate share repurchases that was part of last year's Inflation Reduction Act.