Taxes

Iceland's PM Resigns Over Panama Papers Revelations

Iceland's Prime Minister Sigmundur David Gunnlaugsson is to step down after leaked documents from a Panamanian law firm showed his wife owned an offshore company with big claims on collapsed Icelandic banks, his party said.

U.S. Court Shoots Down Puerto Rico Tax on Wal-Mart

A U.S. district court judge on Monday struck down a tax levied by Puerto Rico on retailer Wal-Mart Stores, dealing a blow to the debt-laden U.S. territory's efforts to shore up its finances.

Drinks with a Side of Taxes

As the dreaded tax day nears, many Americans are dealing with the stress of filing their tax returns, but one accountant has a novel idea to take the edge off and make the process a little easier: meet at a bar.