Tax

Samuel Wyly’s lawyer, fighting a $2.2 billion claim by the Internal Revenue Service, told a skeptical judge that his client’s tax planning was “aggressive but not illegal.”

Companies shouldn’t be able to get away with paying very low taxes—or none at all—in countries where they earn profits, EU Economic Affairs and Tax Commissioner Pierre Moscovici said as he introduced a package of proposals designed to curb tax evasion.

While the passage of this season’s extenders bill was widely anticipated before the end of 2015, it nevertheless contained some surprises for many observers.

A large number of important tax changes go into effect for partnerships this year, along with due dates for business tax returns.

Johnson Controls Inc., already exiting the auto-industry’s supply chain after decades as a key player, is now seeking to shed its U.S. corporate citizenship in a multibillion-dollar tie-up with Tyco International Plc.

Google parent Alphabet Inc. has agreed to pay 130 million pounds ($185 million) in a tax settlement with U.K. authorities, setting off a backlash as opposition politicians questioned the government’s handling of the case.

A roundup of our favorite recent tax fraud cases.

Apple Inc. is pushing back against a European tax investigation that could force the iPhone maker to pay more than $8 billion in back taxes.

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

Tax reform is on the horizon, but the horizon likely extends beyond 2016, according to Marc Gerson, tax partner at Miller & Chevalier and former majority tax counsel to the House Ways and Means Committee.