Argentina’s Senate approved a wealth tax bill, which seeks to raise money to combat the effects of the coronavirus, Buenos Aires-based La Nacion reported.

New federal money to cushion the pandemic’s impact could emerge from Washington if lawmakers forge agreement in the last hours of their work year. City mayors see lasting impacts of this year’s changes. Catch up on the ways the coronavirus outbreak continues to change the world.

The IRS and Treasury Department rejected some suggestions and adopted others for changing a proposal for U.S. investors in offshore hedge funds and insurance companies, in a newly released rules package.

German authorities opened a probe into Ernst & Young’s audit of Wirecard AG, adding to the accounting firm’s troubles linked to the missing 1.9 billion euros ($2.3 billion) at the payment company.

Croatia will reduce income taxes and ease restrictions on bad loan write-offs under an end-of-year tax package passed Friday by Parliament.

The IRS released final and proposed rules for passive foreign investment companies, which let offshore entities know if they’re considered legitimate insurance businesses.

Toronto is proposing a tax on empty homes as concerns build over speculators’ role in driving up housing costs in Canada’s largest city.