Corporate taxes

The Trump administration has no formal proposal on the table for a so-called reciprocal tax on imports, according to a U.S. official who sought to clarify whether a levy that risks escalating tensions with key trading partners would be enacted.

Oil companies that have claimed more than a billion dollars in tax credits for burying carbon dioxide underground just got a windfall from Congress, which expanded that incentive as part of the government spending bill signed into law on Friday.

The American Institute of CPAs is asking the Internal Revenue Service to provide relief from tax penalties to taxpayers who are required for the first time to file information returns related to Controlled Foreign Corporations.

Tax cuts signed by an America First president are turning out to be a major boon to some of the world’s biggest automakers—except those based in the U.S.

With the passage of the sweeping tax overhaul, small businesses and entrepreneurs are scrambling to understand how the changes will affect them.

The Internal Revenue Service said Tuesday that fees multinational business taxpayers pay to request a unilateral or bilateral advance pricing agreement will be increasing.

President Donald Trump’s corporate tax cuts are already having a big impact.

Oilmen, wildcatters and particularly refiners are reaping billions in gains from President Donald Trump’s tax overhaul, helping boost the staying power of old-style energy even as the world searches for cleaner fuels.

Hostess Brands Inc., feeling flush after last month’s tax overhaul, will offer bonuses to workers—including free snacks.

SAP SE Chief Executive Officer Bill McDermott has backed U.S. President Donald Trump’s tax plan, and revealed a $2.4 billion deal for Callidus Software Inc., its biggest acquisition in more than three years.

There’s nothing like $1.5 trillion in tax cuts to help make friends at a gathering of conservative political donors.

Since I was at Davos last year there have been some seismic global changes, not least to taxation.

President Donald Trump said Friday that U.S. economic growth promoted by his policies would help the world, seeking to square his “America First” agenda with globalism.

The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay on its mammoth pile of accumulated foreign earnings will probably hit federal coffers in an eight-year trickle, not a one-time torrent.

Opponents of the new corporate tax cuts were right. Many companies didn’t pay the full rate before the law passed—so they won’t see splashy reductions in 2018, according to their own estimates.

The short-term spending bill that President Trump signed into law Monday night includes provisions that delay or suspend three taxes mandated by the Affordable Care Act that have not yet taken effect.

Dual U.S.-Canadian citizen with private corporations need to pay attention.

The Business Roundtable, a lobbying group for American chief executives that’s seeking to bolster its clout in Washington, quadrupled spending in the last three months of the year compared to the same period a year earlier as it threw its support behind President Donald Trump’s tax bill.

Four more Staff Q&A documents deal with various financial accounting and reporting implementation issues.

The International Monetary Fund warned policymakers to be on guard for the next recession even as it predicted global growth will accelerate to the fastest pace in seven years as U.S. tax cuts spur businesses to invest.