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How a border tax could divide Boeing and its suppliers

The logo of Dow Jones Industrial Average stock market index listed company Boeing (BA) is seen in Los Angeles, California, United States, April 22, 2016. REUTERS/Lucy Nicholson A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisio... More »

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Amazon.com wins $1.5 billion tax dispute over IRS

An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions invo... More »

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Trump tries to move past controversies, says he is keeping promises

U.S. President Donald Trump delivers remarks at the National Republican Congressional Committee March Dinner in Washington, U.S., March 21, 2017. REUTERS/Carlos Barria President Donald Trump argued on Tuesday that his 60 days in office have been a successful k... More »

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Republicans revamp health bill, boost benefits to older Americans

Speaker of the House Paul Ryan (R-WI) speaks to the media on Capitol Hill in Washington, U.S., March 16, 2017. REUTERS/Joshua Roberts U.S. House Republicans are working on changes to their healthcare overhaul bill to provide more generous tax credits for older... More »

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Trump`s budget cuts to domestic, aid programs draw Republican scorn

U.S. President Donald Trump’s overview of the budget priorities for Fiscal Year 2018 are displayed at the U.S. Government Publishing Office (GPO) on its release by the Office of Management and Budget (OMB) in Washington, U.S. March 16, 2017. REUTERS/Joshua Rob... More »

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Now not time to take more risk in junk bonds: BlackRock`s Rieder

Rick Rieder, BlackRock’s Global Chief Investment Officer, speaks during the Reuters Global Investment Outlook Summit in New York City, U.S., November 14, 2016. REUTERS/Brendan McDermid Markets are emboldened by the tone of monetary policymakers following an in... More »

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Highlights: The Trump presidency on March 14 at 9:25 p.m. ET

U.S. President Donald Trump (C), flanked by Secretary of State Rex Tillerson (L) and Defense Secretary James Mattis (R), holds a cabinet meeting at the White House in Washington, U.S. March 13, 2017. REUTERS/Jonathan Ernst Highlights of the day for U.S. Presid... More »

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Trump paid $38 million in taxes in 2005: White House

FILE PHOTO: U.S. President Donald Trump looks up while hosting a House and Senate leadership lunch at the White House in Washington, U.S. March 1, 2017. REUTERS/Kevin Lamarque/File Photo President Donald Trump paid $38 million in taxes on more than $150 millio... More »

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Trump budget opens new fight among Republicans

President Donald Trump makes remarks to the press as he sits down for a working lunch with members of his cabinet and their spouses, including Veteran’s Administration Secretary David Shulkin (L) and Labor Secretary Wilbur Ross (R), at Trump National Golf Club... More »

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Republican health plan clears first hurdles, fate uncertain

A copy of Obamacare repeal and replace recommendations (L) produced by Republicans in the U.S. House of Representatives sit next to a copy of the Affordable Care Act known as Obamacare as U.S. Health and Human Services Secretary Tom Price addresses the daily p... More »

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Trump gives nod to Republican tax-credit proposal on Obamacare

President Donald Trump delivers his first address to a joint session of Congress. REUTERS/Jim Lo Scalzo U.S. President Donald Trump backed the use of tax credits to help people purchase health insurance in a speech to Congress on Tuesday, the first time he sig... More »

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In speech, Trump tries to turn from divisive to deal-maker

U.S. President Donald Trump shakes hands after delivering his first address to a joint session of Congress from the floor of the House of Representatives iin Washington, U.S., February 28, 2017. REUTERS/Jim Lo Scalzo/Pool U.S. President Donald Trump showed a d... More »

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Trump promises tax relief, immigration overhaul in Congress address

President Donald Trump pumps his fist as he arrives at the podium. REUTERS/Jonathan Ernst President Donald Trump opened the door on Tuesday to a broad overhaul of the U.S. immigration system and vowed to pursue massive tax relief for the middle class in a spee... More »

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Japan will tell United States to respect WTO rules: PM Abe adviser

Yasutoshi Nishimura speaks during the Reuters Japan Investment Summit in Tokyo May 19, 2014. REUTERS/Toru Hanai Japan will tell the United States in their economic talks that any border tax the U.S. government imposes on imports should not break World Trade Or... More »

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U.S. Commerce secretary says Trump did not endorse border tax plan

Wilbur Ross speaks, as U.S. Vice President Mike Pence watches, after being sworn in as Secretary of Commerce in Washington, DC, U.S. February 28, 2017. REUTERS/Joshua Roberts New U.S. Commerce Secretary Wilbur Ross said President Donald Trump did not endorse a... More »

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Morgan Stanley gave some clients incorrect tax information

FILE PHOTO – The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in New York, New York, U.S. on January 20, 2015. REUTERS/Mike Segar/File Photo Morgan Stanley gave some wealth management clients incorrect informa... More »

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No cuts to U.S. entitlement programs in Trump budget: Mnuchin

Treasury Secretary Steven Mnuchin speaks at a press briefing at the White House in Washington, U.S., February 14, 2017. REUTERS/Kevin Lamarque U.S. President Donald Trump’s first budget proposal will spare big social welfare programs such as Social Security an... More »

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Most Americans want U.S. to keep funding expanded Medicaid: poll

Information cards are stacked on a table during an Affordable Care Act outreach event for the Latino community in Los Angeles, California September 28, 2013. REUTERS/Jonathan Alcorn A majority of Americans say it is important to keep federal funding for an exp... More »

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Germany says unsure of Trump trade stance, but keen for U.S. talks

U.S. President Donald Trump is interviewed by Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst Germany does not yet have a full picture of the approach U.S. President Donald Trump’s administration is ... More »

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India lobbies Trump administration to avert visa threat

Nirmala Sitharaman, Minister of State for Commerce and Industry of India attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 19, 2017. REUTERS/Ruben Sprich – India has stepped up its lobbying effort against moves in the U. S. Co... More »

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Exclusive: Trump says Republican border tax could boost U.S. jobs

President Donald Trump is interviewed by Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst U.S. President Donald Trump on Thursday spoke positively about a border adjustment tax being pushed by Republi... More »

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AIG sees uncertainty in `too-big-to-fail` label for insurers: filing

The AIG logo is seen at its building in New York’s financial district March 19, 2015. REUTERS/Brendan McDermid Insurance giant American International Group sees “considerable uncertainty” about U.S. regulations that deem non-bank financial institutions as bein... More »

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Conservatives gather to praise Trump, bury differences

U.S. President Donald Trump reacts during a news conference at the White House in Washington, U.S., February 16, 2017. REUTERS/Kevin Lamarque Conservatives are all smiles this week at an annual convention in Washington, celebrating President Donald Trump’s win... More »

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China can stabilize homes prices, tax plan under way: government

Residential buildings are seen in Beijing, China, January 10, 2017. Picture taken on January 10, 2017. REUTERS/Jason Lee China’s property prices will remain stable in the first quarter, housing minister Chen Zhenggao said on Thursday, adding the government has... More »

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Hong Kong hands out generous budget, paints brighter outlook

FILE PHOTO – Containers are seen at Container Terminal 9 during sunset at Hong Kong’s Kwai Chung district September 7, 2012. REUTERS/Bobby Yip/File Photo Hong Kong handed out billions of dollars in tax cuts and poverty relief on Wednesday to reflate its econom... More »

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Greece, lenders agree to work out new reforms to unblock aid

Greek Finance Minister Euclid Tsakalotos talks to European Economic and Financial Affairs Commissioner Pierre Moscovici (R) during a eurozone finance ministers meeting in Brussels, Belgium February 20, 2017. REUTERS/Francois Lenoir Greece and its international... More »

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Driving a hard bargain for taxes

A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. REUTERS/Lucy Nicholson/Files Lured by the promise of high pay for part-time work, Geovanie Rosario quit his day job three years ago and jo... More »

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U.S. House tax panel will not seek Trump tax returns: lawmaker

U.S. President Donald Trump addresses a joint news conference with Canadian Prime Minister Justin Trudeau at the White House in Washington, U.S., February 13, 2017. REUTERS/Kevin Lamarque A congressional tax oversight committee will not seek U.S. President Don... More »

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Ex-Goldman banker Mnuchin installed as Treasury secretary

U.S. President Donald Trump (L) watches as Vice President Mike Pence (R) swears in Steve Mnuchin as Treasury Secretary next to his fiancée Louise Linton in the Oval Office of the White House in Washington February 13, 2017. REUTERS/Yuri Gripas President Donald... More »

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Senate expected to confirm Mnuchin as Treasury secretary

Steven Mnuchin testifies before a Senate Finance Committee confirmation hearing on his nomination to be Treasury secretary in Washington, U.S., January 19, 2017. REUTERS/Joshua Roberts The U.S. Senate is expected to confirm former Goldman Sachs banker and Holl... More »

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Investors chase reflation trades via stocks, emerging assets: BAML

A commuter passes by the New York Stock Exchange (NYSE) in the financial district in New York City, U.S., February 7, 2017. REUTERS/Brendan McDermid Global investors poured money into stocks, emerging markets and corporate debt in the week to Wednesday, as the... More »

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Zuercher Kantonalbank CEO: scant progress on U.S. tax case

The logo of Zuercher Kantonalbank bank (ZKB) is seen at its headquarters at the Bahnhofstrasse in Zurich, Switzerland March 7, 2016. REUTERS/Arnd Wiegmann Swiss local government-owned Zuercher Kantonalbank (ZKB) hasn’t made much progress in settling a tax case... More »

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Turkish wealth fund more akin to national development bank: S&P

FILE PHOTO: Turkish lira banknotes are seen in this photo illustration shot January 7, 2014. REUTERS/Murad Sezer/Illustration/File Photo Turkey’s new sovereign wealth fund is more akin to a national development bank, with its design suggesting an effort to cre... More »

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BlackRock CEO Fink sees `dark shadows` in financial markets

BlackRock Inc Chief Executive Officer Larry Fink is pictured at a business roundtable meeting of company leaders and U.S. Republican Presidential candidate Mitt Romney in Washington in this June 13, 2012 file photo. REUTERS/Jason Reed/Files BlackRock Chief Exe... More »

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France`s Fillon to launch campaign fight back against scandal

Francois Fillon, former French prime minister, member of The Republicans political party and 2017 presidential candidate of the French centre-right, attends a political rally in Charleville-Mezieres, France, February 2, 2017. REUTERS/Christian Hartmann French ... More »

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Your Money: Three big ideas to make it easier to save for college

FILE PHOTO — A student walks at the University of Texas campus in Austin, Texas, June 23, 2016. REUTERS/Jon Herskovitz/File Photo Surveys regularly find that Americans have no idea what a 529 college savings plan is, so a little tinkering under the hood is def... More »

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France`s Macron gets boost from left as scandal-hit Fillon falters

Former French education minister Benoit Hamon reacts after partial results in the second round of the French left’s presidential primary election in Paris, France, January 29, 2017. REUTERS/Christian Hartmann French centrist presidential candidate Emmanuel Mac... More »

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Swiss vote on multinational tax perks in February referendum

A Swiss flag is pictured in front of the Federal Palace (Bundeshaus) is pictured in Bern, Switzerland, January 16, 2017. Picture taken on January 16, 2017. REUTERS/Denis Balibouse U.S. medical implant maker Zimmer Biomet’s (ZBH.N) decision on a potential $40 m... More »

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Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban

Starbucks Corp Chief Executive Howard Schultz, pictured with images from the company’s new ”Race Together” project behind him, speaks during the company’s annual shareholder’s meeting in Seattle, Washington March 18, 2015. REUTERS/David Ryder Starbucks Corp Ch... More »

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Koch network launches effort to kill Republican border tax plan

Charles Koch is pictured in this undated handout photo. Freedom Partners Chamber of Commerce/Handout via REUTERS Billionaire industrialist Charles Koch is launching a campaign to sink a border tax under consideration by Republican leaders in Congress, a move t... More »

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Citigroup may benefit less from tax cuts than other U.S. banks

A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar/Files Citigroup Inc (C.N) stands to get less of a profit boost than other big U.S. banks from lower corporate tax rates expected from the... More »

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Afghan businesses feel squeeze from government tax drive

Afghan men build a house on a hilltop overlooking Kabul, Afghanistan January 1, 2017. REUTERS/Mohammad Ismail A new tax regime aimed at weaning Afghanistan off international aid has boosted government revenues but drawn complaints from some private businesses ... More »

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Ryan, Trump team discuss border tax at Capitol Hill meeting

U.S. House Speaker Paul Ryan holds a news conference at the U.S. Capitol in Washington, U.S. January 5, 2017. REUTERS/Jonathan Ernst U.S. House of Representatives Speaker Paul Ryan and top members of President-elect Donald Trump’s transition team on Monday dis... More »

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What does Trump`s `big border tax` threat really mean?

U.S. President-elect Donald Trump listens to questions from reporters in the lobby at Trump Tower in New York, U.S., January 9, 2017. REUTERS/Mike Segar In a series of tweets, President-elect Donald Trump has recently threatened several companies with “big bor... More »

IPF says to appeal against Polish tax body decision

Consumer credit lender International Personal Finance (IPF) said on Friday it would appeal against a decision by the Polish tax authority relating to the accounts of its Polish business, Provident Polska, for the 2008 financial year. More »

Swiss Raiffeisen group pays no penalty in talks with U.S. DOJ

Raiffeisen Polbank’s bank logo is pictured on their headquarters in Warsaw Poland, November 26, 2016. REUTERS/Kacper Pempel Swiss cooperative banking group Raiffeisen has wrapped up talks with U.S. justice officials on whether it helped wealthy Americans dodge... More »

Ireland accuses EU of exceeding power in Apple tax case

The logo of Apple is seen at a store in Zurich, Switzerland November 22, 2016. REUTERS/Arnd Wiegmann Ireland accused the European Commission on Monday of exceeding its powers and interfering with the EU member’s national sovereignty over tax affairs in ruling ... More »

Tax accounting software firm Avalara prepares IPO: sources

U.S. tax accounting software company Avalara Inc has interviewed banks to help prepare for an initial public offering (IPO) that could come in 2017 and value the company at roughly $1 billion, people familiar with the matter said on Friday. More »

Finance Minister English named as New Zealand prime minister

New Zealand Finance Minister and Deputy Prime Minister Bill English speaks to members of the media in Wellington, New Zealand, December 5, 2016. REUTERS/Charlotte Greenfield New Zealand Finance Minister Bill English was confirmed as the country’s new prime min... More »

Germany`s Schaeuble hits back at Brussels in looser-budgets row

German Finance Minister Wolfgang Schaeuble takes questions from reporters during a press conference with Chinese Finance Minister Lou Jiwei (not pictured) at the annual meetings of the IMF and World Bank Group in Washington October 7, 2016. REUTERS/James Lawle... More »

Election over, Congress pivots to lame-duck debate over spending

The U.S. Capitol is seen the day after the election of Donald Trump in the U.S. presidential election in Washington, U.S., November 9, 2016. REUTERS/Joshua Roberts With a bitter election campaign finally over, the Congress will reconvene this week to try to se... More »

UK public debt won`t fall until end of decade after Brexit: IFS

Britain’s Chancellor Philip Hammond arrives at Downing Street in central London, Britain October 31, 2016. REUTERS/Stefan Wermuth Britain will only start to lower public debt as a share of GDP at the end of the decade due to a Brexit-related hit to the economy... More »

Credit Suisse reaches 109.5 mln euro settlement in Italy

The logo of Swiss bank Credit Suisse is seen below the Swiss national flag at a building in the Federal Square in Bern May 15, 2014. REUTERS/Ruben Sprich/File Photo Credit Suisse has agreed to pay 109.5 million euros ($119 million) in taxes and penalties to se... More »

Merkel calls on African Union to help solve Libya conflict

German Chancellor Angela Merkel arrives at the National Palace in Ethiopia’s capital Addis Ababa October 11, 2016. REUTERS/Tiksa Negeri German Chancellor Angela Merkel, on a trip to Ethiopia, said she wanted the African Union to get involved in trying to solve... More »

Trump`s tax writeoff shows his `genius` at business, advisers say

Republican presidential nominee Donald Trump speaks at a campaign rally in Manheim, Pennsylvania, U.S., October 1, 2016. REUTERS/Mike Segar Donald Trump’s decision to take a $916 million loss on his 1995 income tax return showed his business acumen and “genius... More »

Clinton proposes 65 percent tax on U.S. billionaire estates

U.S. Democratic presidential candidate Hillary Clinton speaks during a campaign event at the Frontline Outreach and Youth Center in Orlando, U.S. September 21, 2016. REUTERS/Carlos Barria Democratic U.S. presidential nominee Hillary Clinton on Thursday propose... More »