Wolin said the IRS' targeting of conservative groups is “absolutely unacceptable and inexcusable.”
Italy, Spain, Portugal and Greece's account balances are heading toward pre-crisis levels, thanks to improved trade imbalances.
Two important summits are coming up this year where Europe-based tax evasion and fraud will surely take center stage.
An journalist group in Korea announced a list of top Korean businessmen suspected of setting up evading taxes.
Saks, Kinross Gold, NPS, Eldorado Gold, Barrick Gold prevailed in the pre-market trading on Wednesday.
Kazuo Hirai makes his first public comments about activist investor Daniel Loeb's request to break up Sony.
U.S. stock index futures point to a higher open on Wednesday ahead of a key testimony by Federal Reserve Chairman Ben Bernanke where he is expected to talk about the future of the country's monetary policy.
Airbnb is not illegal in New York City!
The maker of famous sweets like Kisses and Reese's Peanut Butter Cups is launching a new product for the Chinese market.
Traffic on Mount Everest has been building over the past few years. Today, the place is hardly recognizable.
FX Energy, NetApp, Canadian Solar, DryShips, and AcelRx prevailed in the Nasdaq post-market trading on Tuesday.
The top 20 brands in the world are overwhelmingly American and tech-focused, with Apple number one.
The luxury retailer reportedly hired Goldman Sachs to find a buyer.
Lois Lerner, who heads the IRS' tax-exempt application division, sparked a media frenzy when she issued an apology May 10.
Shang Xia, a brand inspired by traditional Chinese design elements, is opening its third location and first store overseas, in Paris.
The slowdown of the Chinese economy translates into a beating for silver, gold and others commodities.
Reditt users uncovered Pixar's use of what appears to be a pedophilic image on their "Cars" kiddie pool product.
These are the top five American companies with the most accumulated offshore profits. And no, Apple isn't one of them.
As a result of recent regulation, Chinese banks are offering fewer new products, but all is not lost for China's wealth management products.
McDonald's is reportedly scaling back its core menu.
Tuition fees and living costs for international students in Australia have soared by 166 percent over the past decade.
CEO Jamie Dimon survives vote to strip him of chairmanship.
Beijing is offering heavy subsidies to popularize electric cars, which may alleviate its pollution and congestion troubles.
About 40,000 Kenyan guest workers currently live in the UAE, primarily in the construction, hotel and travel industries.
Tesla made a profit in the first quarter -- a first for the company -- but it couldn't have done it without selling carbon credits.
Apple CEO Tim Cook appeared before Senators McCain and Levin to address concerns that the tech giant uses offshore companies to skirt taxes.
The famous 1967 Ford Mustang that was used in the 2000 feature film “Gone In 60 Seconds,” starring Nicolas Cage, has sold at auction for $1 million.
The world's largest home improvement retailer's Q1 results pleasantly surprised Wall Street's analysts.
Real Goods Solar Inc, The Home Depot Inc, Rio Tinto Plc, BHP Billiton prevailed in pre-market trading on Tuesday.
"They are not issues that arise from the Irish taxation system," says Deputy Premier Gilmore, regarding Apple's Cork-based tax strategy.