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IRS says Inflation Reduction Act funding will let it audit dozens of companies and individuals
Also in today’s newsletter, BP announces permanent chief
Corporate tax take to rise up to a third at hubs for multinationals such as Ireland and the Netherlands
A minimum rate is starting to be imposed, but progress is slow on fairer revenue sharing
First Solar’s conundrum over repatriating funds solved via deal with fintech company Fiserv
A Supreme Court case highlights the difficulties of raising revenue from wealthy people who can park money offshore
Grand jury returns nine counts alleging failure to pay $1.4mn between 2016 and 2019
Justices hear arguments in case that experts say could have major implications for the US tax code
Investors had been eyeing fixed income for year-end tax loss harvesting
Case before the high court could open the door to sweeping changes to the tax code
Repealing Trump-era cap on federal tax deduction would benefit only a small number of taxpayers
High earners often warn they will up and move when taxes are raised, but in the long term they are better off staying put
Tech giant says it will contest US agency’s claim over use of ‘transfer pricing’ scheme
Proposals have struggled politically but some economists say the idea is due a resurgence
Aviation regarded as new market for refiners as electric vehicles endanger demand
Oil majors and utilities seek tax credits for projects powered in part by fossil fuels
Expected guilty plea from US president’s son is delayed while court seeks more information
Rich people finding tax loopholes isn’t a new concept but do authorities need to toughen rules on wash sales?
White House plan includes trillions of dollars in spending on Democratic policy priorities including healthcare
Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector
Multinationals warn of ‘massive’ transfer of American taxpayer money into foreign government coffers
We’re British but our son was born in the US and has dual US/UK citizenship
Filings shed light on ex-president’s personal and business dealings as he plans 2024 run
Former US president’s loans to his children raise questions from Joint Committee on Taxation
The $80bn promised by Biden will be a lifeline to an agency at breaking point
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