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5 mins read

House Democrats vote to publicly release Trump's personal tax returns

The Ways and Means Committee met to discuss the matter behind closed doors for more than 4-and-a-ha…

Warren Rojas,Kimberly Leonard   


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2 mins read

Big Tech companies and government officials praised the 'significant, unprecedented' G7 deal to back a global corporate tax rate of at least 15%

Silicon Valley companies on Saturday signaled approval of a G7 deal to back a 15% minimum global co…

Kevin Shalvey   


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2 mins read

Air India Express, AirAsia India focus on common check-in systems after unified reservations

Following the successful launch of their unified reservations system, Air India's subsidiary airlin…

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2 mins read

Income Tax Department introduces faceless income tax appeals, says it will ensure just and fair appeal orders

On August 13, while launching the Faceless Assessment and Taxpayers' Charter as part of "Trans…

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4 mins read

America's immigration system is a nightmare, and it's forcing tech companies to move jobs outside of the country

As issues with labor shortages continue, remote work makes it easier for US tech firms to hire anyw…

Paayal Zaveri   


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2 mins read

The US has become a tax haven, making it hard to sanction Russian oligarchs

The US says it will crack down on Russian oligarchs, but it's also become a tax haven for people wh…

Juliana Kaplan   


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2 mins read

Direct taxes in India will be a lot simpler if Nirmala Sitharaman accepts these 3 proposals

The panel has proposed to alter tax brackets, revamp the Income Tax Act and make it tax-payer…

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3 mins read

Government plans to tax cryptocurrency gains in Budget 2022

The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax ne…

PTI   


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2 mins read

G20 leaders have formally endorsed a 15 percent global corporate minimum tax

The deal would represent a major victory for President Biden and Secretary Yellen, who have champio…

John L. Dorman   


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3 mins read

Trump says Democrats 'weaponized' his tax returns while simultaneously boasting that the records show what a clever businessman he is

Trump claimed the records — which reveal he told the IRS he lost millions of dollars for year…

Sonam Sheth   


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3 mins read

Only in America is filing taxes such a complicated mess. Here's how other countries do it better.

Across Europe, governments send people their estimated tax filing instead of making them guess at i…

Paul Constant   


Juliana Kaplan   


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2 mins read

Indonesia could start taxing its highest earners more

Indonesia is the latest country to look into potential tax reforms in the wake of the pandemic, wit…

Juliana Kaplan   


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Over 90% of the world's economy just agreed with Joe Biden and Janet Yellen on how to tax companies

Since becoming Treasury Secretary, Janet Yellen has tried to reform the world's tax regime. She jus…

Juliana Kaplan   


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3 mins read

JPMorgan says it's time for US corporate taxes to catch back up with the rest of the world

The bank finds the US more reliant on tax revenue from personal income and property, while Biden is…

Ayelet Sheffey   


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2 mins read

Elizabeth Warren wants to jack up taxes on Amazon, Microsoft and other companies making over $100 million in profits

Warren wants a 7% tax on the wealthiest corporations to be in the reconciliation bill. "I see this …

Ayelet Sheffey   


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1 min read

More than 100 millionaires signed an open letter asking to be taxed more heavily

They said most of them only saw their wealth rise during the pandemic, and that they don't pay enou…

Sinéad Baker   


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2 mins read

102 millionaires, including Abigail Disney, have signed another letter asking governments around the world to raise their taxes

"The world — every country in it — must demand the rich pay their fair share. Tax us, the rich, and…

Huileng Tan   


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3 mins read

Janet Yellen wants a global minimum tax rate. Here's what that means for the US and the world.

On Monday, Treasury Secretary Janet Yellen said in a speech that she supports a global minimum tax …

Juliana Kaplan   


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5 mins read

Joseph Zeballos-Roig