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"Our budget request provides steady-state operational funding," Yellen said. "It will complement the one-time, long-term investment in the IRS."
By Christopher Condon and Saleha MohsinMarch 23 -
The Biden administration is alarmed over the market turmoil triggered by the new U.K. government's economic program.
By Jenny Leonard and Saleha MohsinSeptember 29 -
Janet Yellen has one of the biggest to-do lists in Washington: usher in a global tax overhaul, press Wall Street on climate change and distribute billions of dollars in COVID relief.
By Saleha MohsinSeptember 15 -
The club of rich nations secured a landmark deal that could help them collect more taxes and impose levies on U.S. tech giants such as Amazon and Facebook.
By Saleha Mohsin and William HorobinJune 6 -
Group of Seven governments are nearing a deal to pursue a minimum corporate tax rate of at least 15% in international negotiations, but remain at odds over how to treat global technology companies.
By Alessandra Migliaccio, Saleha Mohsin, William Horobin and Alex MoralesJune 4 -
Treasury Secretary Janet Yellen’s team has proposed a 15% global minimum corporate tax in international negotiations aimed at ending competition to lure companies through cheap rates, which then end up eroding government revenues.
By Saleha Mohsin and Laura DavisonMay 20 -
A U.S.-driven effort to reach a global accord on taxing big tech companies’ overseas profits is getting bogged down over ensnaring one company in particular.
By Isabel Gottlieb, Saleha Mohsin, Alessandra Migliaccio and Hamza AliApril 21 -
The Treasury secretary outlined the case for a harmonized corporate tax rate across the world’s major economies.
By Saleha Mohsin and Christopher CondonApril 5 -
The Internal Revenue Service’s delay of the April 15 tax-filing deadline to May 17 gives taxpayers an additional month to file returns and pay any outstanding levies.
By Allyson Versprille, Laura Davison and Saleha MohsinMarch 18 -
Treasury Secretary Janet Yellen added an international tax policy expert to her staff as the U.S. reverses a Trump-era stance over digital taxation of technology companies.
By Saleha MohsinMarch 3