Bloomberg News

Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

LC Lawyers, the Hong Kong law firm member of the Big Four auditor's global network, will cease operations on Jan. 23.

Iris supplies software for the accounting, payroll, human resources and education sectors.

The job cuts will affect "a limited number of people" in the Big Four firm, according to a statement from EY's U.S. unit.

Like other firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

The World Health Organization said raising excise taxes on alcohol and sweetened beverages is the most effective way to reduce consumption while generating revenue.

The Swiss city of Lugano started to accept cryptocurrencies for paying taxes, fines and all other invoices from the municipality.

The rules, which aren't finalized, include measures sought by environmentalists that would require hydrogen-production operations to be powered by wind, solar or other clean-power projects built within the last three years to qualify for a $3-per-kilogram credit.

Artificial intelligence will eliminate vast swaths of the repetitive, time-consuming tasks that typically filled up junior staffers' first few years on the job.

The Biden administration has discussed granting automakers a temporary reprieve from new rules poised to limit a consumer tax credit, a Michigan senator said Tuesday.

Deploying 1,400 tax collectors — touted by the government as "paramilitary trained" in order to discourage resistance — is the most aggressive in a long line of controversial steps to nearly double the government's revenue collection to a quarter of gross domestic product by 2030.

Due to soft market demand, raises will be prioritized for staff who have been promoted, and workers eligible for a bonus will receive one that's lower than in previous years.

Janet Truncale most recently was the regional MP for EY's financial services organization in the Americas.

Magazine Luiza's announcement of accounting "inconsistencies" deals another blow to companies that have struggled after the scandal that brought down Americanas.

The U.K. Supreme Court rejected lawyers' claims that London isn't the proper place for the Danish tax agency to bring its claim.

The bulk of the cuts will be aimed at the advisory division.

House Republicans would paid for aid to Israel by slashing funds for the Internal Revenue Service.

The Golden State is poised to fall well short of its budget forecasts as the recent stock market slump erodes the state's tax takings.

Internal auditors have found hundreds of referrals from other lawyers for Camp Lejeune and other cases were bogus, often based on doctored medical records and fictional reports of illness.

An investigation found significant flaws in accounting behind carbon credits from Zimbabwe-based Kariba.