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.

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 ...

F.N.B. Corporation’s third quarter results were met with a positive market response, reflecting the company’s ability to grow ...

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

CESTAT held that local transportation of goods, even with incidental loading, cannot be taxed as cargo handling when contracts are divisible. The service tax demand and penalty were therefore set ...

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 ...

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 ...

More than 145 countries have agreed to amend a 2021 global minimum corporate tax agreement, addressing Washington's concerns the rules ‍could penalise US multinational companies. The Organisation for ...

U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organisation for Economic Co-operation and Development. The OECD announced Monday ...

Ireland’s corporate tax proceeds rose by over a third in November from a year earlier as US companies operating there continued to underpin the government’s finances. Company taxes climbed to €10 ...