The Trump administration announced $8 billion in aid for farmers to help offset rising fuel costs, a major burden for growers during the harvest.

A professional basketball player who played in Japan sued the IRS in US Tax Court, contesting the agency’s rejection of more than $1.28 million in foreign tax credits he claimed on his 2020 and 2021 ...

The IRS successfully implemented four of President Donald Trump’s flagship tax benefits from the 2025 tax-and-spending law, the watchdog said, though compliance concerns remain.

European lawmakers called on national authorities and EU bodies to work more closely to combat cross-border value-added tax fraud, which continues to cost governments billions of euros.

Dem Proposes Cap Gains-Like Big Loan Tax. Wealthy Americans borrowing against assets to avoid capital gains taxes would be on the hook for a 23.8% excise tax on loans and other li ...

Countries should focus on applying existing rules rather than creating new artificial intelligence and robot taxes, a top Microsoft Corp. tax executive said Tuesday. Existing frameworks are capable of ...