Washington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs
Washington is tightening the screws on Iran and loosening the rules on gasoline at the same time as…
China cracks down on offshore trusts with new tax rules for the wealthy
China will impose personal-income taxes on offshore trusts owned by wealthy individuals, plugging a loophole leveraged by rich…
What to Know About Todd Blanche’s Order Granting Trump Immunity From I.R.S. Audits
A central issue in the confirmation hearing of Todd Blanche, the acting attorney general, on Wednesday was the…
Trump Threatens to Impose 100% Tariff on European Countries Over Tech Taxes
President Trump threatened to scrap a just-finalized trade deal with the European Union on Friday, saying that any…
Inside Trump’s Deal With the I.R.S. to Drop His $10 Billion Lawsuit
Time was running out. President Trump had sued the I.R.S. for $10 billion, and a federal judge was…
Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus
A year ago, the Trump administration withdrew from a global effort to curb offshore tax-dodging by multinational companies.…
What’s Inside New York’s $269 Billion Budget: Second-Home Tax, Restrictions on ICE and More
Nearly two months past deadline, New York finally has a state budget. Lawmakers cast the final votes to…
Audit Immunity for Trump Family Puts I.R.S. in a Bind
President Trump’s return to office has been an unforgiving crucible for the hidebound Internal Revenue Service. He and…
With Trump’s Deal, a Possible $100 Million I.R.S. Penalty Melts Away
A tax audit that President Trump has been fighting since his peak earning days as a television celebrity…
Bipartisan Bill Would Impose New Annual Fee on Electric Vehicles
Congress may require owners of electric vehicles and plug-in hybrid cars to pay an annual fee to cover…
N.Y. Takes Two-Step Approach to Tax on Multimillion-Dollar Second Homes
A new tax surcharge on the second homes of wealthy part-time residents of New York City would initially…
Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.
The Justice Department is holding internal discussions about settling President Trump’s lawsuit against the Internal Revenue Service in…