Tax

Irish Finance Minister Michael Noonan hit back at the European Union after it ordered him to recoup a record 13 billion euros ($14.7 billion) from Apple Inc., saying his country is leading the way on countering tax avoidance.

About two weeks after Denmark revealed it had lost as much as $4 billion in taxes through a combination of fraud and mismanagement, the minister in charge of revenue collection says that figure may need to be revised even higher.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

How often do you read headlines in the local business journal about companies receiving state and local incentives to expand or relocate? Are your clients in the headlines for incentive deals? If not, you may be able to help them get there—and create a lot of value and goodwill in the process.

Highlights of some of our favorite tax-related blogs from the past week.

The American Institute of CPAs is appealing a court decision that upheld the Internal Revenue Service’s voluntary program for tax preparer education and testing.

The Internal Revenue Service is warning tax professionals that identity thieves are trying to remotely take control over their computers to file fraudulent tax returns using the names and IDs of their clients.

Ireland’s government agreed to fight this week’s European Union decision forcing Apple Inc. to pay it vast tax arrears, ending a squabble which threatened to destabilize Prime Minister Enda Kenny’s administration.

A roundup of our favorite tax fraud cases.

Highlights of some of our favorite tax-related blogs from the past week.