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Tax and financial planning news from around the web: February 12 – 16, 2024

Written on Feb 16, 2024

84% of tax leaders fear double taxation due to global tax reforms 
As Pillar Two tax changes begin to impact international businesses, many organizations fear they will be the victim of discrepancies over what is taxable. 

IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding 
The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to a new analysis by the Treasury Department and the IRS. 

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