Patrick Temple-West

Republicans target ex-IRS officer over 2013 tax scandal

May 23, 2019 at 9:34 p.m.

WASHINGTON (Reuters) - Congressional Republicans on Thursday again targeted a former senior Internal Revenue Service officer for legal action, squeezing another day of Capitol Hill drama from last year's so-called...

House panel urges prosecution for ex-IRS official in Tea Party case

August 25, 2021 at 3:51 a.m.

WASHINGTON (Reuters) - A U.S. House of Representatives committee has asked the Justice Department to consider criminal prosecution for a former U.S. Internal Revenue Service official who played a key...

House panel urges prosecution for ex-IRS official in Tea Party case

May 23, 2019 at 9:33 p.m.

U.S. gives foreign banks more time on anti-tax dodge law

August 25, 2021 at 6:31 a.m.

WASHINGTON (Reuters) - The U.S. Treasury Department on Wednesday gave foreign financial institutions 10 extra days to register with the U.S. government, under a new law to combat offshore tax...

Senate panel: Caterpillar’s Swiss unit dodged $2.4B in U.S. taxes

June 17, 2018 at 9:18 p.m.

WASHINGTON - Caterpillar Inc avoided paying $2.4 billion in U.S. taxes from 2000 through 2012 by moving profits from sales of replacement parts through a low-tax unit it set up...

Senate panel: Caterpillar’s Swiss unit dodged $2.4B in U.S. taxes

August 25, 2021 at 3:34 a.m.

WASHINGTON - Caterpillar Inc avoided paying $2.4 billion in U.S. taxes from 2000 through 2012 by moving profits from sales of replacement parts through a low-tax unit it set up...

Caterpillar’s Swiss unit dodged $2.4 billion of U.S. taxes: Senate panel

August 25, 2021 at 3:17 a.m.

WASHINGTON - Caterpillar Inc avoided paying $2.4 billion in U.S. taxes from 2000 through 2012 by moving profits from sales of replacement parts through a low-tax unit it set up...

Companies must pay taxes on severance payments: U.S. high court

December 23, 2018 at 11:07 p.m.

WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Tuesday that taxes are due for Social Security and Medicare on severance packages paid to workers who are laid off involuntarily,...

Bitcoins are property, not currency, IRS says regarding taxes

December 23, 2018 at 11:07 p.m.

WASHINGTON (Reuters) - Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that bitcoins and other virtual currencies are to be...

Offshore taxes may slow audits for some U.S. multinationals: IRS

August 25, 2021 at 3:05 a.m.

WASHINGTON (Reuters) - Multinational businesses that often fight with the U.S. Internal Revenue Service over their worldwide taxes may be dropped from an IRS program meant to smooth corporate audits,...

All Stories