Fed’s Cook Puts Off White House Hearing Over Trump’s AllegationsFederal Reserve Governor Lisa Cook says she will be unable to attend a Nov. 5 hearing at the White House that’s part of a new investigation into mortgage fraud allegations by President Donald Trump.Bloomberg Tax News5d agoWhole story →GovernmentJusticewhite house hearing on mortgage fraud
Fed’s Collins Sees Higher Rates Likely This Year to Tame PricesFederal Reserve Bank of Boston President Susan Collins said interest rates will likely need to rise more before the end of the year to help rein in inflation.Bloomberg Tax News5d agoWhole story →Economyfed rate decision
Contractor, IRS Settle Dispute Over Pandemic Tax Credit CriteriaA federal district judge in Nevada approved a settlement agreement between the IRS and a paint and drywall contractor that sought an $869,800 refund for an allegedly wrongfully-denied pandemic-era tax credit.Bloomberg Tax News5d agoWhole story →HealthEconomytax credit dispute settlement
Swiss Lawmakers Back ‘Too Big to Fail’ Tax in Latest Blow to UBSSwiss lawmakers have backed a new special tax for systemically important banks, in the latest blow to the country’s largest lender UBS Group AG.Bloomberg Tax News5d agoWhole story →Economyswiss bank tax vote
EU Amends Tax Information Access Bill to Add Privacy SafeguardsEU countries are considering new privacy safeguards to govern how tax authorities access personal information amid an overhaul of the bloc’s tax information sharing rules.Bloomberg Tax News6d agoWhole story →JusticeEconomyeu tax information overhaul
