Kansas will have to pay back over $42 million plus interest to the former Pizza Hut franchise king after the state high court agreed that he was a Florida resident for the tax years at issue.

Congressional Democrats are looking to invest $130 billion in the nation’s crumbling schools, partly by reviving a type of debt financing killed by tax reform during the Trump administration.

The IRS on Friday issued a revised set of frequently asked questions for the 2021 Child Tax Credit and Advance Child Tax Credit.

Harvard University’s tax bill this year will exceed that of several large US corporations, said Lawrence Bacow, the school’s president.

UK Business Secretary Kwasi Kwarteng warned energy companies they may face a windfall tax if they don’t “step up” on new investments, but refused to say how much they must spend to avoid it.

Poland’s remaining objections to an EU-wide directive that would implement a global minimum tax rate of 15% are “only political,” Germany’s finance minister said Friday.

Our Spotlight series highlights the careers and lives of tax professionals across the globe. This week’s focus is on Kelly A. Rohrs, who has her own certified public accounting firm in Rockville Centre, N.Y.