The recently proposed US tax reform package would benefit the rich but see some middle-class households face higher tax rises, says a new state-by-state analysis from the Institute on Taxation and Economic Policy (ITEP).

David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off.

The World Bank has released French and Spanish translations of its Toolkit on the taxation of offshore indirect transfers and extended the deadline for feedback to October 20.

Kazakhstan and the United States have signed a Model 1 FATCA Intergovernmental Agreement (IGA), which will enable the automatic exchange of financial information on each country's resident taxpayers to support tax enforcement efforts.

The National Taxpayers Union (NTU) has called on US lawmakers to support legislation to protect small businesses from "abusive" actions by the Internal Revenue Service (IRS).

South Korea and the United States have failed to reach agreement on the way forward with regard to their existing free trade deal, which US President Donald Trump has criticized and vowed to amend

Canada, Mexico, and the US have released a trilateral statement on the first round of NAFTA renegotiation talks, which they said covered more than two dozen different topics.

With a move to a territorial tax system a key Republican proposal for tax reform, the Tax Foundation has warned that lawmakers need to carefully consider how such a system would work for the United States.

The Tax Policy Center (TPC) has released new research that estimates that the Trump Administration's plan for tax reform could reduce federal revenues by as much as USD7.8 trillion over the next decade.

The US corporate income tax should be replaced with a rent tax (either a cashflow tax or an allowance for corporate capital tax) with a somewhat lower marginal rate, the International Monetary Fund has said.