Rising onion prices in India pose a greater risk to Prime Minister Narendra Modi’s government than a recent spike of 700% in tomatoes, forcing authorities take fresh steps to contain food inflation before key polls.

A taxpayer who defeated an IRS penalty can’t add evidence to the US Tax Court’s record that he argued would make him entitled to sanctions for a discovery violation, a federal appeals court ruled.

Two of the top five listed company auditors in the UK are now from outside of the Big Four firms, according to figures released Tuesday which showed smaller firms picking up market share as big firms shed smaller clients.

Washingtonians challenging their state’s new capital gains tax told the US Supreme Court on Monday that the ruling upholding the levy “opens a pandora’s box of dangerous practical implications on a national scale.”

The IRS has called on an Arizona district court to enforce a summons on a captive insurance company it is investigating for potential tax avoidance.

Former Cleveland city councilman Kenneth Johnson and his ex-executive assistant Garnell Jamison lost their bids to undo convictions for federal program theft and other offenses, after the Sixth Circuit said none of their arguments had merit.

The Israeli Tax Authority Aug. 17 issued Income Tax Circular No. 01/2023, explaining mutual agreement procedure (MAP) rules under DTAs. The circular explains: 1) the procedure for filing and initiating ...

The Curacao Official Gazette Aug. 4 published a notice for the application of a reduced corporate tax rate, with retroactive effect to Jan. 1. The notice includes measures applying: 1) ...

The Sri Lankan Inland Revenue Department Aug. 17 announced a deadline extension, to Aug. 31 from July 31, for withholding agents to file quarterly advance income tax statements for specified ...

The Jersey States Assembly Aug. 17 accepted for consideration Bill No. P.63/2023, to increase stamp duty rates for transactions with property values of over 2 million Jersey pounds (US$2.5 million). ...

The United Kingdom Foreign and Commonwealth Office Aug. 17 announced that the road transport agreement with Switzerland, signed Jan. 25, 2019, entered into force Dec. 31, 2020. [United Kingdom, Government ...

The European Union Official Gazette Aug. 18 published the European Commission (EC) decision on State Aid Case No. SA.108572, approving amendments to the Italian state aid regime to support the ...

A taxpayer who defeated an IRS penalty can’t add evidence to the US Tax Court’s record that he argued would make him entitled to sanctions for a discovery violation, a federal appeals court ruled.

Washingtonians challenging their state’s new capital gains tax told the US Supreme Court on Monday that the ruling upholding the levy “opens a pandora’s box of dangerous practical implications on a national scale.”

Three conservation easement donors have asked the IRS to admit it backdated penalty approval forms in their cases, after the agency recently admitted it backdated an approval form in a separate easement case.

New York added new guidance for individuals planning to take advantage of the state’s pass-through entity tax, a move that “may impact PTET returns and payments” that are due in September, according to the state Department of Taxation and Finance.

The US accounting standard setter said Monday it would press on with a project that would force companies to share more details about the income taxes they pay—despite pressure from lawmakers and business groups to drop the proposal.

The Oregon Department of Revenue (DOR) Aug. 3 announced that the online film and video tax credit auction for individual income and corporate income tax purposes will begin at 9 ...

Two of the top five listed company auditors in the UK are now from outside of the Big Four firms, according to figures released Tuesday which showed smaller firms picking up market share as big firms shed smaller clients.

The IFRS Foundation Trustees has appointed Lee White as managing director and Andrea Pryde as executive operations director, the organization announced Monday.

Axonics Inc. drops as much as 5.4%, the most intraday since May 2, after the medical technology company announced that Chief Financial Officer Dan L. Dearen is retiring.

The US accounting standard setter said Monday it would press on with a project that would force companies to share more details about the income taxes they pay—despite pressure from lawmakers and business groups to drop the proposal.

The asset management unit of JPMorgan Chase & Co.is breaking away from a number of its peers and voluntarily complying with a new European Union rule that requires fund managers to report their social and environmental impact.

Steinhoff International Holdings NV’s former European finance chief, Dirk Schreiber, was handed a 3 1/2 year jail sentence by a German court, making him the first person to be imprisoned over an accounting scandal that led to the near-collapse of the retailer.