SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk’s rocket and satellite maker at as much as $800 billion, people familiar with the matter said, reclaiming the title of the world’s most valuable closely held company.

The rapid advancement of artificial intelligence technology is stirring up “enormous” anxiety among investors, as firms struggle to judge which tech companies are worth the risk, according to Thoma Bravo founder Orlando Bravo.

Traders bet more than $59 million on whether Polymarket would launch its US platform before the end of the year. But a question meant to produce a simple yes-or-no answer has exposed a deeper problem: prediction markets built to resolve uncertainty may struggle with it themselves.

FTX Trading Ltd.'s bankruptcy trust recovering funds to pay back creditors dropped its suit against an African fintech company and several subsidiaries and executives.

Eric Trump rang the Nasdaq bell in September to celebrate a more than $500 million windfall from American Bitcoin Corp.’s trading debut. Three months later, the shares have cratered 70%.

The New York Times Co. and the Chicago Tribune sued Perplexity AI Inc., saying the artificial intelligence search startup is copying and distributing their exclusive content, the latest in a wave of lawsuits against AI developers.

India’s tax department must provide greater clarity on when a global company operating in the country can be called a permanent establishment and how its profits would be calculated, a former senior India tax department official said Saturday.

The OECD plans to soon focus on global mobility and helping tax systems adjust to remote working, Manal Corwin, director of the organization’s Center for Tax Policy and Administration, said Saturday.

The IRS has published a notice announcing its intent to issue proposed regulations regarding I.R.C. §960(d)(4), which disallows a foreign tax credit for 10 percent of foreign income taxes paid ...

The IRS has published a notice announcing forthcoming proposed regulations implementing a transition rule under the One Big Beautiful Bill Act that modifies how I.R.C. §951(a)(2)(B) applies to certain dividends ...

The IRS has published a private letter ruling on I.R.C. §§355 and 368 regarding the recognition of capital gain or loss, if any, pursuant to a series of proposed transactions ...

The IRS has published a notice announcing its intent to issue proposed regulations addressing the scope of I.R.C. §250(b)(3)(A)(i)(VII), which excludes income and gain from sales or dispositions of certain ...

The Irish Revenue Commissioners Nov. 26 issued Revenue eBrief No. 221/25, updating guidance on the capital gains taxation of unapproved share options. The updated guidance: 1) confirms that employers are ...

The Philippine Court of Tax Appeals Nov. 21 issued a decision in CTA Case No. 11084, clarifying the validity of assessments for alleged tax deficiencies. The taxpayer, a corporation, challenged ...

The French Administrative Court of Appeal of Marseille Nov. 24 issued Decision No. 23MA02764, clarifying eligibility for the Corsica investment tax credit for small and medium-sized enterprises (SMEs) under a ...

The Swedish Tax Court Nov. 21 issued Advance Notice No. 19-25/D, clarifying the taxation of dividends regarding two corporate restructuring alternatives for transferring profits between companies. The taxpayer, an individual, ...

The Philippine News Agency Dec. 3 announced the President’s Nov. 28 signing of Executive Order No. 106, reducing real property taxes (RPT) for specified independent power producers (IPPs) for calendar ...

The Norwegian Official Gazette Dec. 3 published Regulation No. FOR-2025-12-01-2404, setting asset valuations and work-related deductions for the 2025 tax assessment. The regulation includes measures setting: 1) the asset value ...

Private businesses in line to merge with a blank check company in order to go public must provide audited financial statements that meet US audit standards in proxy statements and registration statements , according to SEC guidance released on Friday.

ASP Isotopes Inc. investors adequately alleged several intentionally misleading statements about the company’s ability to enrich uranium and can represent a shareholder class, a federal court ruled.

An offshore oil drilling contractor accuses the IRS of wrongly denying the company a $2.65 million tax refund from its pandemic-era net operating loss in a new lawsuit.

For the first time since September 2018, investors consider Citigroup Inc. to be worth at least the sum of its parts.

Two brothers in similar cases are disputing roughly $1.5 million in tax liabilities and penalties the IRS assessed each of them for allegedly claiming excess net operating losses of their stock basis and amount at risk in the company.

A contract appeals board must take another look at the extent to which Pratt & Whitney must pay back the US Department of Defense for certain costs charged under its jet engine parts contracts, the Federal Circuit ruled Friday.