Patrick Temple-West – Page 12

Golfer Garcia scores birdie, not quite eagle, in U.S. Tax Court

August 24, 2021 at 1:02 a.m.

WASHINGTON (Reuters) - Spanish golfer Sergio Garcia has won a U.S. Tax Court ruling that could have repercussions for famous international sports stars who cash in on corporate sponsorship deals,...

U.S.-China anti-tax evasion deal seen as crucial, but elusive

August 24, 2021 at 12:55 a.m.

WASHINGTON/HONG KONG (Reuters) - The success of a broad U.S. crackdown on offshore tax dodging will be determined in part by China's cooperation, but talks with Chinese officials are making...

Justice Department says wins $1 billion Dow tax shelter case

August 24, 2021 at 12:04 a.m.

WASHINGTON (Reuters) - The U.S. Justice Department said on Wednesday it has won a $1 billion tax shelter case against Dow Chemical Co that involved a Swiss partnership, Wall Street...

IRS review delays tax refunds for some budget shoppers

August 23, 2021 at 11:46 p.m.

WASHINGTON (Reuters) - Federal tax refunds are arriving later than expected for some lower-income Americans due in part to closer scrutiny of earned income tax credit claims by the U.S....

Supreme Court weighs UK-related foreign tax credit dispute

August 23, 2021 at 11:40 p.m.

WASHINGTON (Reuters) - The Supreme Court on Wednesday heard arguments in a dispute between U.S. utility PPL Corp and the Internal Revenue Service that could influence U.S. multinational corporations' scope...

Supreme Court weighs UK-related foreign tax credit dispute

June 21, 2019 at 11:53 a.m.

WASHINGTON (Reuters) - The Supreme Court on Wednesday heard arguments in a dispute between U.S. utility PPL Corp and the Internal Revenue Service that could influence U.S. multinational corporations' scope...

Switzerland, U.S. sign pact on fighting tax evasion

August 23, 2021 at 11:18 p.m.

WASHINGTON (Reuters) - Advancing a U.S. crackdown on tax evasion by Americans, the U.S. Treasury Department said on Thursday that Switzerland and the United States have signed a pact to...

Exclusive: Foreigners’ accounts in U.S. banks eyed in tax crackdown

August 23, 2021 at 10:42 p.m.

WASHINGTON (Reuters) - The Obama administration may soon ask Congress for the power to require more disclosure by U.S. banks of information about foreign clients' accounts to those clients' home...

Amazon fights $234 million tax liability in Tax Court

August 23, 2021 at 9:19 p.m.

WASHINGTON (Reuters) - Online retailer Amazon Inc is fighting the U.S. Internal Revenue Service over a $234 million international tax bill, a dispute similar to others in which the agency...

IRS delays start of tax filing season to January 30

August 23, 2021 at 8:52 p.m.

WASHINGTON (Reuters) - The Internal Revenue Service said on Tuesday it will begin accepting 2012 tax filings on January 30, eight days later than originally planned, meaning millions of early-filing...

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