More than 100 tax law professors have sent a letter to House leaders in opposition to resolutions to impeach or censure Internal Revenue Service (IRS) Commissioner John Koskinen.
Read MoreDay: August 30, 2016
Apple Found To Have Received Illegal Tax Benefits, Ordered To Pay $14.5 Billion In Back Taxes
Apple was the recipient of illegal tax breaks from Ireland. That was the finding today of a European Union (EU) Commission investigation into the tech giant’s business and tax practices. The company has been ordered to pay €13 billion ($14.5 billion U.S.), plus interest, to settle back taxes.
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