Canada’s tax agency cut back extensively on performing audits during the pandemic, triggering concerns the country is at a heightened risk of tax evasion and avoidance.

Businesses and workers should shift away from the “informal economy” in which billions of people now work to more formal business and employment arrangements, the head of the IMF said Friday.

Who, exactly, is a tax professional? Our series for Insights aims to answer that question. This week’s spotlight is on Duke Moore, an Enrolled Agent who entertains and educates taxpayers on TikTok, where he has more than 2.8 million followers.

Tesla Inc. has sought lower taxes on import of electric vehicles in India, people with the knowledge of the matter said, as it looks to commence operations in Asia’s third-largest economy.

It’s been referred to widely as a tax, even by the European Commission’s president, Ursula von der Leyen. It has been drawn up by the indirect taxation unit within the commission’s taxation department.

Tesla has pitched to Indian ministries to reduce federal taxes on imports of fully assembled electric cars to 40% from current rates of 60-100%, Reuters reported citing two sources with knowledge of the matter.

On today’s episode of our weekly podcast, Talking Tax, host Amanda Iacone speaks with Thalia Smith, who is spearheading Deloitte’s diversity efforts.