The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

Corporate tax rates differ widely around the world, with the global average being 23.58%. Here are the countries with the highest and lowest taxes—or no taxes at all.

The Miami federal court lawsuit says the IRS and Treasury failed to prevent the leak of Trump's tax records by former IRS ...

An Anchorage man trying to set up a payment plan with the IRS sent hundreds of dollars to scammers — week after week — before realizing no work was being done. Tax professionals say his story is ...

TaxZerone helps businesses file W-2, 1099, and 94X forms accurately and on time for the 2025 tax year. SAN JOSE, CA, ...

The Tribunal held that although profiteering was initially computed, the developer had already passed on a higher amount to the buyer. With full discharge of Section 171 obligations, proceedings were ...

The Trump administration has identified a host of athletic competitions it classifies as “major sporting events” — aside from soccer's 2026 World Cup and the 2028 Olympic Games — that ...

Prent Corporation named Dove 1 for 2026 Special Olympics Airlift arrivals, leading the way in championing athletes’ journeys (Photo credit: Textron Aviation). Como o primeiro avião Dove a chegar, a ...

PARIS, Jan 6 (Reuters) - More than 145 countries have agreed to update a landmark global tax deal, carving out exemptions for U.S. multinationals after Washington pushed back against rules designed to ...

Firms that rely on pricey equipment are benefiting from a tax incentive known as ‘bonus depreciation.’ As part of our video series on President Trump’s second term, The Wall Street Journal’s Richard ...

WASHINGTON — The Corporation for Public Broadcasting — which helped fund NPR, PBS and many local radio and TV stations — is officially shutting down, months after Congress passed spending cuts that ...

KUALA LUMPUR: Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim. The eight per ...