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Selling 75% of its cryptocurrency gave the company a one-time cash infusion, the electric car company said, but the battered value of its remaining Bitcoin also dinged profits.
July 25 -
The former Treasury secretary said that any tax hikes shouldn’t go toward funding fresh outlays.
July 25 -
An excise tax for small and midsized producers beginning at 5% would be imposed on cannabis products and gradually increase to 12.5%.
July 22 -
Zepz called allegations about accounting issues “speculative and factually incorrect,” and the company hasn’t announced a timeline for an IPO.
July 22 -
The push by the city-state’s firms to offer larger paychecks reflects the broader competition for skilled talent in the financial hub.
July 20 -
Ireland was one of a few hold-outs before the agreement and sought assurances of U.S. support from Treasury Secretary Janet Yellen.
July 20 -
The tech giants have submitted to Indonesian regulations that grant Jakarta sweeping powers to shut down content it deems undesirable and to tax digital sales.
July 19 -
KKR is seeking a valuation of more than $2.7 billion in a potential sale of the accounting software maker to Australia & New Zealand Banking Group, according to people familiar with the matter.
July 12 -
Two U.S. states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else.
July 5 -
Suspending the federal gasoline tax may sound like welcome relief, but experts warn it could bring mixed results — or even higher gas prices in the end.
June 23 -
The chemical and automotive fluid manufacturer will realign its business units in the wake of a bookkeeping investigation triggered by whistleblowers.
June 22 -
Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor as they seek to wrap up negotiations on a spending deal.
June 22 -
Giants like DraftKings and FanDuel are asking legislators to change the rules to lower their taxes after agreeing to them just last year.
June 17 -
Dealmaking in the consulting world has slowed after a record-setting pace in 2021, but demand for digital expertise along with a shakeup at one of the Big Four accounting firms should keep the deals flowing.
June 16 -
A London council is investigating U.S.-themed candy stores for millions of pounds in tax evasion and has seized over half a million pounds in counterfeit chocolate bars and vapes.
June 15 -
A new analysis finds that when renewable energy credits — which have come under heavy scrutiny — are removed from companies’ carbon accounting, many businesses are no longer on track for meeting climate goals pegged to the Paris Agreement’s aims of limiting global warming to 1.5° or 2° Celsius.
June 13 -
Companies with plans to eliminate greenhouse gas emissions have so far not managed to meet the most basic criteria, according to a new analysis.
June 13 -
Executives resent the cost and interference of auditors; investors see them as a safety net that is only noticeable when it fails.
June 7 -
The country says it wants a legal guarantee to ensure multinational companies leave more in countries where they generate revenue.
June 7 -
Hong Kong’s accountant body said it failed to reach an accord to prolong an 11-year mutual recognition agreement with the U.S. amid a dispute over local qualifications.
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