WASHINGTON, D.C. — The US Treasury Department unveiled new proposals on Thursday to implement a rule requiring some of America's largest corporations to pay a minimum corporate tax rate of 15 ...

President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated ...

The U.S. Treasury Department on Thursday said it has proposed raising the effective minimum rate that U.S. corporations pay on overseas income to 21% from about 10.5% as it aims to bring the ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said that the Republican tax and spending bill under consideration will prevent hundreds of billions of dollars of corporate tax ...

In this episode of Tax Notes Talk, Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties ...

WASHINGTON (Reuters) - The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 ...

The Trump administration is pressing Congress to dramatically expand the number of business-friendly tax cuts in a budget bill that's already complicated and costly. Why it matters: New additions ...

Treasury Secretary Scott Bessent asked Republicans in Congress on Thursday to remove the so-called “revenge tax” from President Trump’s “big, beautiful” bill.

WASHINGTON (Reuters) - The U.S. government has issued $2 billion in advance point-of-sale consumer electric vehicle (EV) tax credit payments since Jan. 1 covering more than 300,000 vehicles, the ...

US Treasury and IRS Unveil Proposed Regulations for Commercial EV Tax Credit, Sparking Questions on Recapture Provisions Chris DiAngelo, Brandon Hadley, Anna-Liza Harris, John Keiserman, Howard ...

Americans will face a “crushing” $4 trillion tax increase, the largest in history, if Congress doesn’t back Donald Trump’s economic agenda, and ensure the dollar remains the world's ...