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Trump Could Owe Over $100 Million In Taxes If He Loses Audit Case: Report
Former US President Donald Trump could owe more than USD 100 million in taxes if he loses years-long Internal Revenue Service (IRS) inquiry into his claims of huge losses on his Chicago skyscraper, the New York Times reported.
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Man Who Leaked Trump's Tax Returns Sentenced To 5 Years
A former Internal Revenue Service (IRS) contractor who leaked former US president Donald Trump's tax returns to the media was sentenced to five years in prison on Monday.
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Woman Takes Revenge On Cheating Boyfriend By Reporting Him For Unpaid Taxes
The TikTok video where Ava Louise shared her story has amassed more than 3.8 million views.
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Microsoft Fights $29 Billion US Back Tax Claim
The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.
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Biden's Son Sues US Revenue Service, Alleges Unlawful Disclosure Of Taxes
President Joe Biden's son Hunter Biden sued the US Internal Revenue Service on Monday, alleging unlawful disclosure of his taxes by whistleblowers who work for the US tax agency.
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New Cryptocurrency Tax Reporting Rule Proposed in US for Sales, Exchanges of Digital Assets
Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...
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Revenue Officer Charged For Demanding Rs 30 Lakh Bribe From Chinese Firm
The Central Bureau of Investigation (CBI) on Friday booked an Indian Revenue Service (IRS) officer for allegedly seeking a bribe of Rs 30 lakh from a China-based company in a case related to GST evasion.
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Accenture Secures $2.6 Billion Deal To Modernize Tax Agency IRS' Systems
An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the Internal Revenue Service (IRS) for modernizing the government tax agency's systems.
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Elon Musk's SpaceX Buys Advertising Package for Starlink on Twitter
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. Companies including General Motors, General Mills, Mondelez International and Volkswagen AG paused advertising on the platform after Musk ...
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Twitter Losing Most Active Users Who Generate Half of Global Revenue, Internal Documents Show
Twitter research suggests that the microblogging service is struggling to keep its most active users - who are vital to the business - engaged. Internal documents, seen by Reuters, underscore a challenge faced by Tesla CEO Elon Musk, who is expected to close his Twitter takeover deal by Friday. The documents suggest that cryptocurrency and "not saf...
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GST Collections In July Second Highest Ever, Rise 28% Year-On-Year
Goods and Services Tax collection for the month of July was recorded at Rs 1,48,995 crore, which is 28 per cent higher as compared to the same month last year. This is the second highest revenue since the introduction of the GST in 2017.
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Swiss Bank UBS Sued By Couple For Sharing Wife's Account Info
UBS Group AG was sued by a couple who said the Swiss bank should not have disclosed the wife's account information to the Internal Revenue Service because she was not a U.S. citizen.
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"Legally Clean": Maharashtra Leader On Aryan Khan Case Officer's Job Row
Nawab Malik had alleged that Sameer Wankhede, an Internal Revenue Service officer, was born as Muslim but he forged his caste certificate to get a job under a reserved category.
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Bitcoin Falls to Three-Week Low as IRS Seeks Approval for Reporting Rules on Cryptocurrency Transfers
Bitcoin fell to a three-week low amid signs of institutional investor caution, while the head of the US Internal Revenue Service called for lawmakers to provide authority for tighter reporting rules on cryptocurrency transfers.
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How Jeff Bezos, Elon Musk, Other Billionaires Avoided Paying Income Tax
Several of the world's most prominent billionaires paid minimal to no federal income tax in some years, ProPublica reported on Tuesday, citing confidential Internal Revenue Service records it had reviewed.
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Trump Could Owe Over $100 Million In Taxes If He Loses Audit Case: Report
Former US President Donald Trump could owe more than USD 100 million in taxes if he loses years-long Internal Revenue Service (IRS) inquiry into his claims of huge losses on his Chicago skyscraper, the New York Times reported.
-
Man Who Leaked Trump's Tax Returns Sentenced To 5 Years
A former Internal Revenue Service (IRS) contractor who leaked former US president Donald Trump's tax returns to the media was sentenced to five years in prison on Monday.
-
Woman Takes Revenge On Cheating Boyfriend By Reporting Him For Unpaid Taxes
The TikTok video where Ava Louise shared her story has amassed more than 3.8 million views.
-
Microsoft Fights $29 Billion US Back Tax Claim
The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.
-
Biden's Son Sues US Revenue Service, Alleges Unlawful Disclosure Of Taxes
President Joe Biden's son Hunter Biden sued the US Internal Revenue Service on Monday, alleging unlawful disclosure of his taxes by whistleblowers who work for the US tax agency.
-
New Cryptocurrency Tax Reporting Rule Proposed in US for Sales, Exchanges of Digital Assets
Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...
-
Revenue Officer Charged For Demanding Rs 30 Lakh Bribe From Chinese Firm
The Central Bureau of Investigation (CBI) on Friday booked an Indian Revenue Service (IRS) officer for allegedly seeking a bribe of Rs 30 lakh from a China-based company in a case related to GST evasion.
-
Accenture Secures $2.6 Billion Deal To Modernize Tax Agency IRS' Systems
An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the Internal Revenue Service (IRS) for modernizing the government tax agency's systems.
-
Elon Musk's SpaceX Buys Advertising Package for Starlink on Twitter
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. Companies including General Motors, General Mills, Mondelez International and Volkswagen AG paused advertising on the platform after Musk ...
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Twitter Losing Most Active Users Who Generate Half of Global Revenue, Internal Documents Show
Twitter research suggests that the microblogging service is struggling to keep its most active users - who are vital to the business - engaged. Internal documents, seen by Reuters, underscore a challenge faced by Tesla CEO Elon Musk, who is expected to close his Twitter takeover deal by Friday. The documents suggest that cryptocurrency and "not saf...
-
GST Collections In July Second Highest Ever, Rise 28% Year-On-Year
Goods and Services Tax collection for the month of July was recorded at Rs 1,48,995 crore, which is 28 per cent higher as compared to the same month last year. This is the second highest revenue since the introduction of the GST in 2017.
-
Swiss Bank UBS Sued By Couple For Sharing Wife's Account Info
UBS Group AG was sued by a couple who said the Swiss bank should not have disclosed the wife's account information to the Internal Revenue Service because she was not a U.S. citizen.
-
"Legally Clean": Maharashtra Leader On Aryan Khan Case Officer's Job Row
Nawab Malik had alleged that Sameer Wankhede, an Internal Revenue Service officer, was born as Muslim but he forged his caste certificate to get a job under a reserved category.
-
Bitcoin Falls to Three-Week Low as IRS Seeks Approval for Reporting Rules on Cryptocurrency Transfers
Bitcoin fell to a three-week low amid signs of institutional investor caution, while the head of the US Internal Revenue Service called for lawmakers to provide authority for tighter reporting rules on cryptocurrency transfers.
-
How Jeff Bezos, Elon Musk, Other Billionaires Avoided Paying Income Tax
Several of the world's most prominent billionaires paid minimal to no federal income tax in some years, ProPublica reported on Tuesday, citing confidential Internal Revenue Service records it had reviewed.
