Puerto Rico suffers from ‘hypocritical’ tax bill, officials say

The Republican tax plan will erode the foundation of Puerto Rico’s most important industry and politicians who support it will pay a price at the polls, local officials said over the weekend.


Steinhoff appoints insiders to top jobs to steer through crisis

Steinhoff International Holdings NV assembled a crisis team of insiders to try to rescue the global retailer amid a crunch meeting with bankers that may determine the company’s future.


Corker pushes for details on pass-through provision in tax bill

Senator Bob Corker wrote to Senate Finance Committee Chairman Orrin Hatch asking for an “explanation” of how a provision on pass-through businesses that would benefit real estate investors came to be included in the final version of the Republican tax bill.


Accountants can be the world’s expert navigators

Sage EVP Jennifer Warawa says technology has turned everyone into explorers – but they all need help navigating the future.


Ikea's Dutch tax deals are latest target of EU's ‘teeth’

Ikea is the latest company ensnared in the European Union’s sprawling tax probes as regulators look at whether the retailer’s revenue deals in the Netherlands allowed it to avoid hundreds of millions of euros of taxes.


Additional tax help available for hurricane victims

Some taxpayers may be able to claim losses on 2016 returns.


Safe harbor methods issued for hurricane and other property losses

The IRS has guidance for taxpayers who suffered under Harvey, Maria and Irma.


Tax reform and the law of unintended consequences

Assuming the GOP bill passes, it will still need to be implemented, and a technical corrections bill issued.


Amazon to pay $118M to settle Italian tax probe

Amazon.com Inc. will pay 100 million euros ($118 million) to the Italian tax authorities for the period of 2011-2015 in a settlement that closes the fiscal probe by the country’s tax police, Italy’s Revenue Agency said in an emailed statement Friday.


M&A roundup: Four deals, from W. Va. to Mass.

Brown Edwards is set to merge in Gibbons & Kawash; Sax Wealth Advisors acquires GM Financial Group; Freed and Dardeno combine; and FF&F adds CPI.