The European Union is debating how it could implement the currently blocked global minimum tax while side-stepping a problem that often holds-up tax rulemaking—the need for unanimous approval.

Senate GOP leader Mitch McConnell said he will block bipartisan legislation to boost US competition with China and provide subsidies for domestic semiconductor manufacturing as long as Democrats pursue a go-it-alone economic package.

Appliance manufacturer Whirlpool asked the US Supreme Court to weigh in on a long-running dispute with the IRS over $45 million in income made by a Luxembourg subsidiary, arguing that an appeals court inappropriately disregarded Treasury regulations when it sided with the IRS.

No. 10 has proposed a cut in VAT to curb inflation and help residents with rising living costs, The Times reports citing unidentified people familiar with the discussions.

Poland wants to suspend a minimum tax for low-income or loss-making entities and raise reporting thresholds for transactions with tax havens.

Puerto Rico-based Euro Pacific Bank will no longer operate on the island after a year-long investigation of the financial institution in a money laundering and tax evasion operation.

The US’s minimum tax on foreign income isn’t consistent with Australian tax rules, the country’s tax authority said Wednesday, in a move that could lead to added tax payments for some US multinationals.