Tax

New data shows the extent to which multinational companies shift profits around the globe to avoid tax, increasing pressure on international efforts to rewrite rules for a digital era, the OECD said.

Apple Inc. will find out next week whether it won the first round of its bid to topple a record 13 billion-euro ($14.7 billion) Irish tax bill imposed by European Union state-aid regulators.

Prices have risen significantly in the past two years, preparers report.

The global coronavirus pandemic has created an atmosphere of change for VAT countries as they struggle to come to terms with the financial impact of the crisis.

Vertex has filed for an IPO, riding the wave of success the Supreme Court Wayfair decision has brought tax automation providers.

Property tax disparity; finding clients with social media; remembering Kleinbard; and other highlights from our favorite tax bloggers.

But they remain attractive to countries looking to countries looking to tax U.S. tech giants and to U.S. states hungry for revenue.

The Internal Revenue Service and the Treasury Department released proposed regulations and temporary regulations to offer guidance for consolidated groups on net operating losses in the wake of changes under both the Tax Cuts and Jobs Act of 2017 and the CARES Act.

The 2017 tax law eliminated the federal write-offs previously allowed for unreimbursed business expenses and home offices, along with most other miscellaneous itemized deductions.

Yet another fictional company; more tooth and justice; unsafe bets; and other highlights of recent tax cases.