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 Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899 “revenge tax ...

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 ...

Donald Trump signed his 'big beautiful' tax and spending bill into law July 4. Here are the five biggest winners and losers: ...

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 ...

The legislation, which extends tax cuts and funds border and defense programs, would increase the national debt by close to ...

The Treasury Department is nearing a deal that would make the so-called “revenge tax” irrelevant, the agency’s second-in-command said, a development that could bring great relief to Wall ...

FinCEN’s March 21 Interim Final Rule exempts U.S. companies and persons from Corporate Transparency Act (CTA) BOI reporting. Only foreign-formed entities must comply ...