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The Internal Revenue Service and the Treasury Department have issued a notice saying they intend to propose regulations to address the capitalization and amortization of specified research and experimental expenditures.
December 26 -
The Treasury is providing additional guidance on the corporate alternative minimum tax for billion-dollar companies.
December 15 -
The Financial Accounting Standards Board issued an accounting standards update aimed at improving income tax disclosures from companies.
December 14 -
Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.
December 13 -
The five S&P 100 companies with the lowest overall tax rates paid an average of -18.87% in 2022.
December 11 -
Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.
December 5 -
Microsoft's recent embroilment with the IRS highlights the dangers of this tax strategy for multinational companies.
November 14 -
The American Institute of CPAs is rolling out some changes in its tax standards that will take effect in January.
November 13 -
The iPhone maker risks having to pay billions to Ireland after an advisor to the European Union's top court said its victory in an earlier challenge should be thrown out.
November 9 -
Many are considering extra hiring to handle the upcoming mandates, according to KPMG.
November 7