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Daily Tax Report: International
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Whirlpool Seeks High Court Review of IRS Foreign Income Dispute

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.

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Will the Global Minimum Tax End the Race to the Bottom?

In 2021, 137 countries agreed on a global minimum corporate tax rate of 15% for big global companies. This video explains why countries felt such a tax was needed and how it will work.

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A New Trade War? Digital Taxes Explained