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Top bloombergtax.com News

G7 · United StatesThe United States and the Group of Seven nations have agreed to support a proposal that would exempt U.S. companies from some components of an existing global agreement, the G7 said in a statement on Saturday.See the Story
G7 agrees to avoid higher taxes for US and UK companies
37% Left coverage: 51 sources

Money LaunderingLuxembourg and Paris offices of Société Générale were searched Tuesday as part of a multinational investigation into whether the bank facilitated tax avoidance for major French companies.See the Story
Financial Crime Probe: Société Générale Offices Raided in France, Luxembourg over Tax Fraud Suspicions
56% Right coverage: 9 sources

Taxes · Oklahoma CityIn a case surrounding state taxes, the Oklahoma State Supreme Court ruled against tribal claims and narrowed the scope of the U.S. Supreme Court's McGirt ruling.In December 2020, Alicia Stroble filed three Oklahoma Individual Income Tax Returns for the years 2017, 2018, and 2019 and claimed her income as exempt.In order for her income to be exempt it needed to meet three criteria:must be a tribal membermust live on Indian land to which the membe…See the Story
Oklahoma State Supreme Court Narrows McGirt in Tax Ruling
71% Center coverage: 7 sources
New Jersey Legislature approves $58.8 billion budget with higher gambling, smoking, home sales taxes
75% Left coverage: 4 sources