Congress Includes PPP Extension in New Relief Bill
PPP borrowers will also be able to deduct expenses paid for with their loans, reversing an earlier IRS decision.
Revitalizing the Global Economy Requires Outside-the-Box Thinking
Countries will not be able to tax their way back to prosperity, so it’s time for leaders to find other solutions.
Tax Cuts: Be Careful What You Wish For
The short-term economic boost that the GOP-proposed tax cuts would generate wouldn't be sustainable without growth in the already-tight labor market.
State and city tax breaks abound, but they shouldn’t be the only consideration when locating a business.
WTO Tells U.S. to Withdraw Boeing Tax Break
A finding that a Washington state measure amounted to an illegal subsidy given the EU a partial victory in a trade battle with the U.S.
Apple Hit With $14B Penalty Over Irish Tax Deal
The European Commission says Ireland improperly allowed Apple to avoid paying taxes on almost all profits from sales in the EU.
Google Settles U.K. Tax Probe for $185 Million
European tax authorities have been cracking down on U.S. tech firms who they say have not been paying their fair share of taxes in Europe.
EU Finds Belgian ‘Excess Profit’ Tax Break Illegal
The decision requires Belgium to recover about $762 million from at least 35 multinationals that benefited from the tax loophole.
Apple Adds Jobs in Ireland as Tax Ruling Looms
CEO TIm Cook affirms Apple's commitment to Ireland, where the company is expanding its Cork campus to accommodate a growing workforce.
EU Finds Tax Breaks for Starbucks, Fiat Illegal
The unprecedented decisions could spell trouble for other multinationals that have made deals with European governments as part of tax avoidance strategies.