Lauren Vella

The OECD aims to reach an agreement to re-write major parts of the global minimum tax by the end of the year, its Secretary-General told the G20 Finance Ministers and Central Bank Governors in a Wednesday report.

Countries that have imposed digital taxes on tech giants such as Amazon.com Inc. and Meta Platforms Inc. are again under threat of retaliatory tariffs from President Donald Trump, forcing them to decide whether to resist or give in to his demands.

More than two dozen countries criticized a system that would exempt American multinational companies from key parts of the global minimum tax, saying it would risk undermining the tax’s effectiveness, put non-US companies at a disadvantage, and challenge their own tax sovereignty.

The OECD has proposed a range of tweaks to the global minimum tax agreement in a bid to quell US concerns about how the regime affects American companies.

President Donald Trump’s IRS and Treasury Department released its regulatory agenda Friday, offering a glimpse into the agency’s priorities.

As the GOP’s $3.4 trillion tax-and-spending bill headed toward passage, backers of some policies that didn’t make it in—from normalization of tax relations with Taiwan to extending a bipartisan work credit—will ramp up lobbying before the next campaign season begins.

Multinational companies, which won preservation of major foreign-income tax provisions in the mammoth House-passed tax bill this week, are looking to the Senate for changes that would lower their tax liability further.

Business, some workers, and parents would see tax breaks restored and credits boosted in the House Ways and Means Committee’s tax legislation that rolled out Monday.

Australia’s proposed clean hydrogen and critical mineral production tax credits are too complex and will cost taxpayers a lot just to claim them, a coalition of senators opposing the bill said.

No concrete measures are yet in effect. But just the anticipation of them has sent chief tax officers and other executives scouring for information on how other governments might react to Trump’s tariff and trade war threats, and how that will impact their bottom lines.

Bloomberg Tax reporter Lauren Vella sits down with Scott Levine, Treasury’s former deputy assistant secretary for international affairs and top US OECD tax delegate, to chat about the status of the global deal and the impact of the new US administration’s position on negotiations.

The IRS on Friday released final regulations on how the agency would tax cloud computing transactions.

The IRS on Friday released final regulations on how the agency would characterize cloud computing transactions and transfers of digital content.

President-elect Donald Trump’s pick for the Treasury Department’s top tax adviser shows how serious the incoming administration is about delivering on a mammoth 2025 tax bill.

The IRS issued a package of technical corrections on Monday for its proposed rules to implement the new minimum tax on companies’ book income.

The IRS and Treasury Department on Wednesday released guidance on how companies can use the OECD’s simplified method to value certain transactions between related companies.

Countries involved in the OECD tax deal negotiations are working on guidance to determine how certain transactions and incentives will be treated under the global minimum tax, a Treasury official said Thursday.

Multinationals want US lawmakers to extend low tax rates on foreign-earned income as they tackle competing priorities in putting together a mammoth tax bill next year.

Coca-Cola Co. is appealing a US Tax Court decision on a transfer pricing dispute related to its Brazilian affiliate companies that could cost it $2.6 billion in taxes and billions more in interest.

The OECD-led global tax deal is in shambles.