OECD Takes Aim at Multinational Tax Shelters
A proposed tax overhaul would allow a country to tax the profits of a company even though it does not have a "physical presence" there.
U.S. Budget Deficit Swells to $779B in FY 2018
The White House blames increased spending for the mounting deficit but its own data "suggest falling revenues were a far larger contributor."
Trump’s Tax Cuts Would Offset Interest-Rate Hikes
A lower corporate tax rate would not only raise net income after taxes, it could also increase a company's borrowing capacity.
Clinton v. Trump: Who’s Better for Business?
The choice for president is between big change now but few details, and gradual change with deep details.
OECD Releases Final Measures on Tax Avoidance
The final package of base erosion and profit-shifting measures includes new minimum standards on country-by-country reporting.
EU to Propose Single System for Computing Tax
The proposed common corporate tax base for companies operating in the European Union is intended to reduce tax avoidance.
The New Morality in Tax Strategies
Is a company paying its “fair share” of taxes? Incorporating the question into tax planning is critical.
Obama Wants to Tap Overseas Earnings
A one-time 14% tax on $2.1 trillion in profits corporations earned overseas would be used to repair the nation's infrastructure.
S Corp. Flap Could Strap Tax Reform Efforts
If tax reform focuses only on conventional corporations, S corporations and partnerships could suffer.
Tax Extenders Likely to Get Tiny Reprieve
The provisions of the tax extenders bill just passed by Congress expire at the end of 2014.