Corporate taxes

As recently as 2010, the Internal Revenue Service used to audit nearly all 'corporate giants.'

The American Institute of CPAs is asking the Internal Revenue Service to provide additional details on how it will be treating foreign corporate income under the new tax law.

Corporate America’s love affair with the Trump administration’s tax overhaul is still going strong, and it’s pushing spending plans to multiyear highs.

Labor groups are pressing corporations they bargain with to disclose details of what they’re doing with savings from the Trump tax cuts.

The Internal Revenue Service is providing some relief for companies facing looming tax bills after they stockpiled trillions of dollars offshore free of U.S. income tax.

The institute is asking for immediate info about the disallowance of some popular write-offs.

The Internal Revenue Service and the Treasury Department have issued details about the withholding on the transfer of non-publicly traded partnership interests by foreign persons under the Tax Cuts and Jobs Act, along with guidance on the “transition tax” on the untaxed earnings of overseas subsidiaries of U.S. companies.

Amazon.com Inc. fell Monday after a fresh round of critical comments from President Donald Trump and a Republican senator.

Facebook Inc. must allow a U.S. judge to inspect documents it has avoided showing the Internal Revenue Service as part of an investigation into the company’s use of an Irish subsidiary for tax purposes.

President Donald Trump on Thursday fired off more criticism at Amazon.com Inc., saying his problems with the internet retailer predate his election a day after a report that he’s “obsessed” with regulating the company.

The Internal Revenue Service may be changing Schedule UTP, the Uncertain Tax Position Statement, which corporate taxpayers file with their Form 1120 tax returns, because it doesn’t contain enough information to be useful in compliance efforts, according to a new report.

Goldman Sachs Group Inc, Amundi SA and BlackRock Inc. were chosen to manage about 13 billion euros ($16 billion) in back taxes that Apple Inc. will pay to Ireland, bringing recovery of the cash a step closer.

Typically, taxpayers contract this affliction after the agency's examiners have packed up their belongings and left the building.

The European Union published proposals Wednesday for a 3 percent Digital Turnover Tax on the European B2B revenues of digital giants such as Google, Apple, Facebook, Amazon (termed GAFA in Europe), Uber and Airbnb.

Large digital companies operating in the European Union could face a tax on their gross revenue based on users’ locations.

A new academic study suggests that the provisions in the Tax Cuts and Jobs Act encouraging companies to repatriate their foreign earnings back to the U.S. at a reduced tax rate could lead to more spending on research and development.

The Treasury Department issued a strongly worded statement in response to a report from the Organization for Economic Cooperation and Development.

The U.S. Chamber of Commerce is asking the Internal Revenue Service for more guidance on the Tax Cuts and Jobs Act, asking for language specifying how qualified business income and limitations on business interest should be defined, among other matters.

The IRS is allowing many companies extra time to file the income tax returns.

The Internal Revenue Service provided additional information Tuesday to help corporate taxpayers deal with the new section 965 transition tax for repatriating foreign profits under the tax law that Congress passed in December.