The GREEN Act aims to deal with climate change by offering a range of tax incentives for use of renewable energy. In the blogs: Billing me softly | By Jeff Stimpson 2 min read | Sexism in the code; partner unity; third parties preparing returns; and other highlights from our favorite tax bloggers. | | SPONSOR CONTENT | Special Report: The best firms for women | This report singles out the members of the Best Accounting Firms to Work For that are most successful at creating workplaces of choice for women. | |
ABN Amro’s Frankfurt office raided over Cum-Ex tax scandal | By Ruben Munsterman, Karin Matussek and Steven Arons 2 min read | ABN Amro NV became the latest bank to have its offices raided by German authorities over a widening tax scandal, adding to the lender’s woes after it was recently the subject of a money-laundering probe in the Netherlands. | |
Trump gets reprieve from release of N.Y. state tax returns | By Andrew Harris and Laura Davison 3 min read | The president should have a chance to block House Democrats from obtaining his New York state tax returns, a federal judge decided, in a boost for the president as he fends off other subpoenas for his financial records while facing an impeachment inquiry. | |
Opportunity zone investments off to an uncertain start | By Michael Cohn 5 min read | The tax break included in the Tax Cuts and Jobs Act that encourages real estate investors to develop projects in economically distressed communities in exchange for deferring capital gains taxes for years has come under fire for not living up to its promise. | | |