The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the ...

Clothing and accessories retailer The Gap Inc. overstated its $52 million tax credit claim because the company sought a refund for periods over which the US Tax Court lacks jurisdiction, the IRS said.

Telefonica SA’s Peruvian unit said Friday that it has begun an insolvency process in a bid to restructure its finances and ...

Publicly traded automakers include Ford ( F ), General Motors ( GM ), Honda ( HMC ), Mercedes-Benz ( MBGYY ), Nissan ( NSANY ), Stellantis ( STLA ), Tesla ( TSLA ), Toyota ( TM) and Volkswagen ( VWAGY ...

RIT students, staff, and faculty have access to Bloomberg.com through Jan. 31, 2026 for important business and tech news, ...

DraftKings Inc. shares rose as much as 15% to their highest level in nearly three-and-a-half years after the company reported ...

President Donald Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how other countries choose to tax and regulate.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

A “net social benefit” isn’t the only justification that should drive whether a country decides to adopt a tax incentive, a business group argued in a letter to the Platform for Collaboration on Tax, ...

KKR (KKR) is considering investing in Nissan (NSANY) after the struggling Japanese automaker’s talks to combine with rival Honda (HMC) failed, ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...