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  • WASHINGTON, April 30- A former Swiss banker pleaded guilty on Wednesday to helping U.S. clients avoid taxes, according to documents filed in a federal court. Swiss citizen Josef Dorig, 72, pleaded guilty to one count of conspiracy to defraud the Internal Revenue Service, according to documents filed in U.S. District Court in Alexandria, Virginia.

  • WASHINGTON- The U.S. government lost $11.2 billion on its bailout of General Motors Co, more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.

  • US works to curb tax-driven business moves abroad Wednesday, 30 Apr 2014 | 12:58 PM ET
    U.S. drugmaker Pfizer proposed buying AstraZeneca for about 58.8 billion pounds ($98.7 billion) in what would rank as the industry's biggest-ever takeover, surpassing Pfizer's $64 billion purchase of Wyeth in 2009.

    The Obama administration is focused on finding ways to curb tax-motivated reincorporations to other countries by U.S. businesses.

  • US government lost $11.2 billion on GM bailout Wednesday, 30 Apr 2014 | 11:36 AM ET
    The front of the General Motors world headquarters complex sports a new banner to proclaim its return to the NYSE November 18, 2010 in Detroit, Michigan.

    The $11.2 billion loss includes a write-off in March of the government's remaining $826 million investment in 'old' GM, a Treasury watchdog said.

  • U.S. government says it lost $11.2 billion on GM bailout Wednesday, 30 Apr 2014 | 11:00 AM ET

    WASHINGTON, April 30- The U.S. government lost $11.2 billion on its bailout of General Motors Co, more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.

  • LONDON, April 18- The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits.

  • US Treasury plans new unit to monitor muni market - WSJ Thursday, 17 Apr 2014 | 12:42 AM ET

    April 17- The U.S. Treasury Department is forming a new unit to monitor the municipal bond market, the Wall Street Journal reported, citing a Treasury official.

  • April 16- CBS Corp said on Wednesday that the Internal Revenue Service gave a favorable ruling to the company's plan to convert its outdoor advertising subsidiary, CBS Outdoor Americas Inc, into a real-estate investment trust. Media conglomerate CBS holds an 81 percent stake in CBS Outdoor, which went public in late March.

  • With the deadline for filing hours away, tax professionals across the country said some clients have been surprised to learn the Internal Revenue Service was taking a larger bite.

  • NEW YORK, April 10- "Conscious uncoupling" might become all the rage now that actress Gwyneth Paltrow and musician Chris Martin have announced they are separating in a cooperative and respectful way. But there is nothing touchy feely about divorce in the eyes of the Internal Revenue Service.

  • NEW YORK, April 10- "Conscious uncoupling" might become all the rage now that actress Gwyneth Paltrow and musician Chris Martin have announced they are separating in a cooperative and respectful way. But there is nothing touchy feely about divorce in the eyes of the Internal Revenue Service.

  • COLUMN-Tax nightmare: What if you can't pay the IRS? Thursday, 10 Apr 2014 | 11:06 AM ET

    NEW YORK, April 10- There are many tax-time nightmares, but here's one of the most common: You don't have the cash to pay what you owe on April 15.

  • China needs to demonstrate that they are on the path of a market-determined exchange rate, says Treasury Secretary Jack Lew weighing in on what China needs to do to take its place on the world's economic stage.

  • Infrastructure keeps US competitive: Lew     Wednesday, 9 Apr 2014 | 8:25 AM ET

    Treasury Secretary Jack Lew explains why he thinks it's important for the Highway Bill to pass Congress.

  • Lew: Europe needs to boost demand     Wednesday, 9 Apr 2014 | 8:22 AM ET

    Treasury Secretary Jack Lew shares his thoughts on how Europe can assist its economic recovery. Investing in infrastructure stimulates demand, says Lew.

  • Lew: US leading global economic recovery     Wednesday, 9 Apr 2014 | 8:19 AM ET

    In a wide-ranging interview, CNBC's Steve Liesman talks with Treasury Secretary Jack Lew about how the U.S. is sparking economic growth.

  • WASHINGTON, April 8- The U.S. Internal Revenue Service asked Congress on Tuesday for legal authority to regulate thousands of unlicensed tax return preparers, but lawmakers were neutral on the idea.

  • WASHINGTON/ PARIS, April 4- Boeing Co, the world's biggest airplane maker, and engine maker General Electric Co said on Friday they had received licenses from the U.S. Treasury Department to export certain spare parts for commercial aircraft to Iran under a temporary sanctions relief deal that began in January.

  • WASHINGTON/ PARIS, April 4- Boeing Co, the world's biggest airplane manufacturer, on Friday said it received a license this week from the U.S. Treasury Department to export certain spare parts for commercial aircraft to Iran as part of a temporary sanctions relief agreement reached in January.

  • WASHINGTON, April 2- The U.S. Treasury Department on Wednesday gave foreign financial institutions 10 extra days to register with the U.S. government, under a new law to combat offshore tax dodging by Americans that goes into effect on July 1.