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The heirs of billionaire Heinz Hermann Thiele may owe German authorities more than 5 billion euros ($6 billion) in inheritance taxes, potentially the largest such bill in the country’s history, according to ManagerMagazin.
April 22 -
The Netherlands, long considered to be at the heart of a system of multinational corporate profit-shifting, has signaled that it’s ready to support a U.S. proposal that ends the practice.
April 20 -
President Joe Biden is asking congressional Democrats to vote for a tax increase that will test a long-held liberal article of faith: that many wealthy Democrats won’t mind paying more in taxes if they can be convinced the money would lead to greater prosperity for everyone.
April 19 -
Trump had also sued the state attorney general’s office and tax department to block them from handing over the information to Congress.
April 13 -
The group’s advertisements will contend that the Biden administration shouldn’t attempt to raise corporate tax rates during a downturn.
April 12 -
The president's tax hike proposals will deal a blow to corporate earnings growth next year, Goldman Sachs strategists warned.
April 12 -
The Treasury and the IRS have sent out roughly 156 million payments to people, totaling roughly $372 billion.
April 7 -
The former president's attorneys are calling the subpoena unconstitutional and unenforceable.
April 6 -
President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.
March 31 -
More than a half century after Lyndon Johnson’s war on poverty, the new administration plans a mass expansion of government spending and a revamp of the Tax Code.
March 30 -
The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, which could top $3 trillion.
March 26 -
A conservative think tank is throwing its support behind proposals long associated with progressives like Elizabeth Warren and Bernie Sanders: taxing stock trades and breaking up Wall Street investment banks.
March 25 -
If you got rich buying Bitcoin a year ago, Elon Musk is inviting you to purchase one of his cars with some of the proceeds. The taxman will be watching if you do.
March 24 -
President Joe Biden’s economic team at the White House is determined to make good on his campaign pledge to raise taxes on the rich, emboldened by mounting data showing how well America’s wealthy did financially during the pandemic.
March 22 -
Investors would face a 0.1 percent tax on each sale of stocks, bonds and derivatives under a Democrat-led proposal aimed at curbing risky trading behaviors.
March 19 -
Plug Power Inc.’s accounting errors sent shares of the fuel-cell maker plunging on Wednesday, dragging down its peers.
March 17 -
Companies that pay their chief executives at least 50 times more than the typical employee would face higher taxes under a new bill offered Wednesday by Senators Bernie Sanders and Elizabeth Warren.
March 17 -
A donor has asked the IRS to open a fraud investigation into a nonprofit that builds schools in Africa, and for Canada’s federal police to seize its records.
March 5 -
New York lawmakers could take on a politically weakened governor to push their own budget agenda, including a more progressive tax policy targeting the ultra-wealthy.
March 5 -
A U.S. donor to Canada’s WE Charity said he has asked the Internal Revenue Service to open a fraud investigation into the organization after testifying that it took down a plaque on a Kenya school built to honor his dead son and replaced it with that of another donor.
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