The Federal Association of German Industry (BDI) has said that proposals for a tax on digital companies will be detrimental to the European economy and exacerbate trade tensions between Europe and the United States.

The US Supreme Court is to hear arguments on whether states should be allowed to tax online retailers not based within a state's borders, in South Dakota v. Wayfair, on April 17, 2018

Chicago Federal Reserve President Charles Evans one of the Fed's most dovish policymakers, said Saturday that he is optimistic inflation will reach the Fed's 2 percent goal and that slow, gradual rate increases will be appropriate.

The US Internal Revenue Service on March 23 warned taxpayers that they must report income from virtual currency transactions in their income tax returns.

The Ifo economic institute, which advises the German Government, has said that the corporate tax cuts in the United States appear to have provided a short-term boost to the German economy, but criticized the lack of significant tax measures in Germany's coalition agreement.

The EU hopes to convince the US that introducing tariffs on steel and aluminium imports is "not the right move," but is ready to act should any such measures be implemented.

Coinbase, a virtual currency wallet and virtual currency exchange service provider, has confirmed it will soon transmit information on the transactions of 13,000 customers to the Internal Revenue Service, as a result of an earlier court ruling.

The Internal Revenue Service (IRS) will issue guidance soon to close a tax loophole that is said to be enabling hedge fund managers to access lower rates of tax reserved for carried interest.

The Internal Revenue Service (IRS) has offered taxpayers several tips and time-saving resources, in anticipation that there will be a surge in filing activity during President's Day weekend (February 17-19).

The OECD has recently launched a new program – the International Compliance Assurance Programme – being spearhead by the Forum on Tax Administration that is aimed at providing assurance to multinationals with regards to their transfer pricing (TP) affairs.