International taxes

The U.S., Japan and Europe are being accused of blocking developing countries from participating in efforts to combat international tax evasion.

The United Nations Development Program and the Organization for Economic Cooperation and Development have launched a new global initiative to help developing countries bolster their domestic revenues by strengthening their tax audit capacities.

The Senate Finance Committee released a series of reports Wednesday from five bipartisan tax working groups working on various aspects of tax reform.

Step aside, Doctors Without Borders. A new class of professionals is ignoring national frontiers to come to the aid of economically struggling nations.

The Obama administration quietly handed a victory to U.S. companies that avoid taxes by claiming a foreign address, suggesting that virtually all of them are still eligible for government contracts.

Tunde Fowler used to get death threats when he began collecting levies in Nigeria’s commercial hub of Lagos 10 years ago. Today he gets hailed as Tax Muyiwa, a nickname that means “bring your tax” in the local Yoruba language.

The Practising Law Institute has released the Foreign Account Tax Compliance Act Answer Book 2015, a new Q&A guide that provides information on FATCA.

Wolters Kluwer Tax & Accounting US has introduced the CCH International Tax Compliance Calendar, an interactive tool that delivers key deadline dates to tax professionals for up to 112 tax jurisdictions around the world.

The Tax & Accounting business of Thomson Reuters has debuted a new video interview series, Tax Talk, in which reporters talk with leaders in the world of tax and finance.

The owner of a brothel in Salzburg, Austria has found an innovative way to protest what he sees as punitive taxation and regulation of his industry: offering free sex and drinks to patrons all summer.

The Internal Revenue Service is reminding all taxpayers with a filing requirement for a foreign bank account report to report their foreign assets by the June 30 deadline.

Republican leaders of Congress’s two tax-writing committees are questioning recommendations from the Organization of Economic Cooperation and Development aimed at stopping multinational corporations from shifting their profits to low-tax countries.

Heads of state meeting at the G7 Summit in Bavaria, Germany committed to promoting automatic exchange of tax information and tax rulings to discourage multinational companies from shifting profits from country to country to avoid taxes.

As expatriate taxpayers face increasing difficulties from implementation of the Foreign Account Tax Compliance Act, the Internal Revenue Service is offering YouTube videos and other online resources to assist taxpayers overseas.

Rothschild Bank AG, the Zurich-based private bank of the Rothschild financial dynasty, became the latest Swiss bank to be fined by the U.S. Justice Department for helping Americans conceal assets offshore.

Bloomberg BNA Tax & Accounting executive editor George Farrah talks about new features in his company's research products, in an interview with Accounting Today editor-in-chief Dan Hood.

The Internal Revenue Service has released new guidance on penalties for failing to file a foreign bank account report, capping the maximum percentage of the penalty and providing new requirements for documentation and approval by IRS examiners.

Microsoft Corp. and the IRS are back in court, this time fighting about the U.S. tax agency’s interest in hiring David Boies, the lawyer who beat Microsoft in an antitrust case in 2000.

A new report from Ernst & Young demonstrates how many multinational corporations are being pushed in the direction of greater transparency about their tax strategies as their reputations come under attack in the U.S. and abroad for shifting their profits to tax havens.

The Internal Revenue Service’s Criminal Investigation unit was among the law enforcement agencies involved in indicting nine officials from FIFA, the international soccer federation that hosts the World Cup, along with five corporate executives involved in a massive bribery scheme.