The court again applies a functional-analysis test, as it had in Renkemeyer and Soroban.

That’s because the government’s definition of taxable income doesn’t track with true economic income, and this disconnect ...

The giants of technology are presently immersed in the multi-billion dollar betting equivalent of picking not the winner of Super Bowl LIX, but the winner of LXV.

The Oracle of Omaha has jettisoned more than 401 million shares of Bank of America stock since mid-July 2024, and built up a ...

With the state of Florida becoming the unofficial hockey capital, how much of it is due to free agents walking away with more ...

GOP tax and spending bill would create a tax deduction for workers in tipped occupations. But not all would lower taxes for ...

It might seem like easy money to tax migrants, but that doesn’t make it smart policy. The House's budget and the Senate's ...

Apple must face the U.S. Department of Justice's lawsuit accusing the iPhone maker of unlawfully dominating the U.S.

As the Senate prepares to vote on a key piece of the president’s domestic agenda, prominent critics, including Elon Musk, are ...

Lawmakers thwart an international tax on U.S. companies that Janet Yellen and Joe Biden never should have allowed.

The government plans to use e-commerce platforms as tax collectors. Traders earning under Rp500 million are exempt.

The Senate has proposed numerous changes to the "One, Big, Beautiful Bill" that the House narrowly passed. The Senate's ...