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US tax
US tax agency targets executives’ personal use of corporate jets
...“Personal use of corporate jets and other aircraft by executives and others have tax implications, and it’s a complex area where IRS work has been stretched thin,” IRS commissioner Danny Werfel said in a...
February 21, 2024
Cryptofinance
New York regulators threaten crypto’s festive spirit Premium content
...While we’re on the subject of the IRS, the tax agency was blasted by bankrupt exchange FTX this week for chasing billions of dollars in tax liabilities from the collapsed trading venue....
December 15, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Internal Revenue Service US
IRS looks to beef up protection after receiving threats over $80bn funding
...Charles Rettig, the commissioner of the Internal Revenue Service, wrote to employees on Tuesday announcing the review and urging them to report any threats or concerns to managers....
August 23, 2022
News in-depthUS politics & policy
Republicans attack $80bn funding boost for US tax collection agency
...Charles Rettig, commissioner of the Internal Revenue Service, knew that an $80bn funding boost for the agency included in the bill was becoming one of the package’s most controversial measures among Republicans...
August 21, 2022
FirstFT
FirstFT: US states seek to lure European clean tech groups
...Valdis Dombrovskis, Europe’s trade commissioner, said last week that the fight against climate change should be done by “building transatlantic value chains, not breaking them apart”....
January 24, 2023
FirstFT
FirstFT: Brazilian police raid Bolsonaro’s backers
...IRS looks to beef up protection after receiving threats over funding boost Charles Rettig, the commissioner of the Internal Revenue Service, wrote to employees yesterday announcing the review after staff...
August 24, 2022
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
FirstFT
FirstFT: Turning up heat on Musk
...EU council president Charles Michel and China’s president Xi Jinping discussed “the response of societies” to coronavirus at a meeting in Beijing today. 2....
December 1, 2022
Sport
Sports investment boom faces greatest test as downturn looms
...Roger Goodell, the NFL commissioner, said in 2012 that the recession spurred by the global financial crisis even benefited the league by attracting more television viewers for games....
June 17, 2022
Tax evasion and avoidance
US investigates leak of records showing billionaires pay little tax
...Charles Rettig, the IRS commissioner, told a Senate finance committee hearing that the agency had opened an investigation to uncover the source of the leak....
June 8, 2021
Markets InsightRobin Wigglesworth
‘Volmageddon’ fine may hint to era of stricter index regulation
...But as SEC commissioner Hester Peirce remarked in her dissent to the S&P fine, the SEC’s decision “hint at a deeper, unspoken concern” that index providers are not governed by a regulatory framework explicitly...
May 24, 2021
The Big Read
European defence: the quest for ‘strategic autonomy’
...We have never put it into question in Europe,” says Charles Michel, president of the European Council. “A more robust Europe makes our alliance more robust.”...
September 27, 2021
Donald Trump
Report says Trump paid no income tax for 11 years
...In 2019, Mr Trump’s IRS commissioner, Charles Rettig, said there was no rule preventing individuals releasing their taxes if they were under audit....
September 28, 2020
US politics & policy
Treasury misses Democrats’ deadline for Trump tax returns
...Three days later, Mr Neal sent a letter to Charles Rettig, IRS commissioner, setting a second deadline of 5pm Tuesday....
April 23, 2019
Markets InsightBen McLannahan
Mifid II hysteria over analyst research appears misplaced
...“No one questioned the investment function’s research budget until it hit the P&L,” says Mike Carrodus, founder of Substantive Research, a consultancy....
January 18, 2019
World
Trump nominates tax lawyer to lead IRS
...He is slated to replace David Kattuer, who was named acting commissioner of the tax agency late last year to replace outgoing Obama appointee John Koskinen....
February 8, 2018
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
FT AlphavilleAlexandra Scaggs
Monopoly and its discontents
...The bank estimates that nearly one-third of the S&P 500’s profit-margin growth between 1997 and 2014 was the result of rising market concentration....
March 15, 2018
News in-depthThe Big Read
AIG: The long struggle to repair its reputation
...AIG’s share price has wilted since last May, down 14 per cent against a 14 per cent rise for the S&P 500 over the same period....
June 17, 2018
European equities
Fast Europe Open: UK labour market, Germany consumer inflation
...Futures tip the FTSE 100 to open flat in London, as is the S&P 500 when trading gets underway in New York. Corporate earnings reports out today include Purplebricks, WS Atkins and Charles Stanley....
June 14, 2017
Edward Luce
America’s democracy is fit for the 1%
...George P Bush, Jeb’s son, is running for land commissioner in Texas. Many believe Mrs Clinton’s daughter, Chelsea, is preparing the ground for her own future in US politics....
March 30, 2014
FT & Goldman Sachs Business Book of the Year Award
Extracts from the 2013 shortlist
...She e-mailed him at 5:37 p.m. with a draft of what the Fed would tell the world the next morning at 8 a.m....
October 16, 2013
The World blog
Davos day 4: As it happened
...Charles Dallara and Mr....
January 28, 2012
UK banks
Compliance: IRS pushes banks to put pressure on tax evaders
...At the time, Doug Shulman, commissioner of the Internal Revenue Service, said it would “vigorously pursue tax cheats around the world, no matter how remote or secret the location”....
November 9, 2010
Clearing & Settlement
Tougher rules for high-frequency traders
...“It would be a natural extension of our relationships to bolt on some additional verification,” said Charles Vice, president of IntercontinentalExchange, the futures exchange....
March 2, 2011
US & Canadian companies
US tax purge looks beyond Swiss bank
...Doug Shulman, IRS commissioner, says: “People with hidden foreign accounts can no longer rest easy”....
July 1, 2008
Life & Arts
The strange case of Brian Paddick
...To buy a copy at the FT bookshop price of £14.39 plus p&p, tel: 0870 429 5884...
March 31, 2008

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