Tax

The Big Mac maker was accused of dodging taxes by unfairly shifting revenue to neighboring Luxembourg and Switzerland.

Rep. Don Beyer, D-Virginia, introduced a bill to impose a 1,000% excise tax on manufacturers, importers or producers of assault weapons and high-capacity magazines in the wake of a string of mass shootings across the country.

As with a theater production involving many different roles, a knowledgeable director is required for a winning performance.

The fast food giant reached twin settlements as it seeks to end cases into allegations it unfairly shifted profits out of France to avoid paying more tax.

Oil companies that record a profit margin better than 10% would face a proposed new federal surtax, as Democrats struggle to curb U.S. energy costs and broader inflation.

A London council is investigating U.S.-themed candy stores for millions of pounds in tax evasion and has seized over half a million pounds in counterfeit chocolate bars and vapes.

IRS statistics paint a picture of how small businesses were impacted by COVID-19 in 2020, and more.

The 2018 case prompted many states to begin requiring remote sellers to collect sales taxes, but with inflation at a 40-year high, some are offering sales tax holidays and other relief.

Taxes versus budgets; meaning of gross taxable income; new blog in town; and other highlights from our favorite tax bloggers.

The Internal Revenue Service issued a revised Audit Technique Guide to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate accelerated depreciation deductions.