Corporate taxes

Republican leaders in Congress and the Trump administration released a joint statement Thursday on their progress on tax reform ahead of Congress’s August recess and the broad principles they plan to follow.

Republican leaders conceded on Thursday that the border-adjusted tax doesn’t have the support to continue to be part of negotiations to overhaul the tax code.

Congressional leaders and Trump administration officials have been meeting in secret to try to reach a united front for rewriting the U.S. tax code.

A retail trade group almost tripled its federal lobbying spending during the second quarter of 2017 as it tried to kill a centerpiece of House Speaker Paul Ryan’s tax plan—the border-adjusted levy on imports.

A group of 16 House Democrats has sent a letter to the Financial Accounting Standards Board asking it to require multinational companies to disclose more country-by-country reporting information in their public financial statements about where they pay taxes and book profits.

Corporate America and money managers are hugely divided on the prospects of changing the U.S. tax code.

Some lawmakers threaten to vote against a deal unless it lays out the specific rate for corporations.

An 85 percent majority of corporate tax executives perceive tax reform as the biggest challenge they’re facing in the months ahead, according to a new survey.

Google will find out this week if it owes 1.12 billion euros ($1.3 billion) in back taxes to France, just days after it was slapped with a record antitrust fine by the European Union.

A federal rule aimed at limiting corporate “earnings stripping’’ for tax-avoidance purposes may pose an undue burden on taxpayers and may be changed or rescinded, according to an Internal Revenue Service notice.

The Internal Revenue Service has opened a probe into the tax-exempt status of a charity funded by pharmaceutical companies, threatening a lifeline the industry uses to help patients buy expensive drugs for cancer, multiple sclerosis and other diseases.

President Donald Trump has promised the largest tax cut in history, but for scores of the biggest U.S. corporations, it might be just a tax nick.

Four days before the one-year anniversary of the release of his tax blueprint, House Speaker Paul Ryan delivered a pep-talk seeking to assuage growing doubts about the prospects for a major tax overhaul.

Senate Finance Committee chairman Orrin Hatch, R-Utah, is asking for ideas, proposals and feedback on tax reform as efforts in Congress heat up on overhauling the federal tax code.

Google should be let off the hook from a 1.12 billion-euro ($1.3 billion) tax recovery order in France even though fiscal authorities in the country are seeking to recoup that amount, according to an adviser at the Paris administrative court.

An official from the American Institute of CPAs testified Wednesday before the Senate’s Small Business and Entrepreneurship Committee in favoring of lowering taxes for small businesses as much as corporations.

Asian-Americans and the EITC; trusting the IRS; and other highlights from our favorite tax bloggers.

Multinationals are in line for a windfall from President Donald Trump’s call to cut the tax rate on U.S. companies’ stockpiled overseas earnings, but a select few would do better than others.

Apple Inc. Chief Executive Officer Tim Cook said any new, lower federal tax rate on U.S. companies’ overseas earnings should be mandatory for all companies, and proceeds should be spent on upgrading U.S. infrastructure.

Paul Ryan’s tenure as House speaker will be judged in part on whether he can deliver a Republican tax plan. But rather than spearhead the effort to reach consensus, Ryan is still clinging to his own widely rejected proposal.