tax

DC Attorney General Karl Racine accused MicroStrategy co-founder and executive chairman Michael Saylor of evading $25 million in District taxes in a new lawsuit filed Wednesday.The lawsuit also names MicroStrategy as a defendant. Racine…

Overseas-resident Russian Katie Ananina has spent the past three years helping people evade taxes on their Bitcoin profits. It's all part of their mission to teach the man one tax evasion case at a time.As the name suggests, Plan B…

R. Tsubin | Moment | Getty ImagesCrypto tax evasionBut how does cryptocurrency lead to tax evasion?According to tax experts, it largely comes down to lax reporting requirements.The IRS may not be able to track crypto earnings or…

The Biden government proposed a global tax on multinational corporations of at least 15 percent in the latest round of international tax negotiations, Treasury officials said Thursday, as the US tries to reach a deal with countries fearing…

WASHINGTON - President Biden's plan to raise taxes for the high earners and the rich is likely to entice more wealthy Americans to donate property or other assets to charity before they die in order to avoid high tax burdens, a senior…

After Michael Jackson's death in 2009 at the age of 50, executors began propping up the once-King of Pop's fluctuating finances, settling debts, and closing new entertainment and merchandising deals. It didn't take long for the property to…

"I think it's a giveaway for the rich," she told reporters last month. “So I do not believe in taking the entire infrastructure package hostage to completely remove it and remove the cap. I think we can talk about politics, but it's an…

WASHINGTON - The chairman of the Senate Banking Committee on Tuesday asked Attorney General Merrick B. Garland for information on whether Credit Suisse continues to help rich Americans defraud the IRS, even after signing a settlement…

A new Singapore-inspired tax bill will lower corporate taxes and boost foreign investment in the Philippines, Treasury Secretary Carlos Dominguez told CNBC as the country seeks to accelerate its economic recovery.The Philippines’s so-called…

WASHINGTON - President Biden will seek new taxes for the rich, including nearly doubling the capital gains tax for people who earn more than $ 1 million a year, to mark the next phase of his $ 4 trillion plan to transform the American…