Every year, D.C.-based law firm Miller & Chevalier polls tax leaders at large U.S.- and foreign-based multinationals to get their views on the legislative outlook in Washington. Given this kind of sample for the survey, it’s no surprise that taxation of international operations regularly appears at or near the top of respondents’ list of concerns, and this year it’s Number 1, cited by just over one-third of survey participants.

What is a surprise, though, is that financial statement disclosure issues have zoomed higher on leaders’ agendas. more

That raucous cheering you’re hearing today is the sound of businesses celebrating the almost certain demise of a provision in the Patient Protection and Affordable Care Act that would have hugely expanded the amount of informational reporting they’re required to do via 1099 forms. The Senate voted 81-17 yesterday to ditch the measure. more

Figuring out your taxes and paying what you owe may not be enough anymore.

Tax is increasingly being drawn into discussions of corporate sustainability – broadly defined as all those factors that tend to promote an enterprise’s longevity in constantly fluctuating economic and social, as well as environmental, conditions. If tax activists have their way, anything less than full public disclosure of your organization’s tax strategies may soon be as uncool as tossing depleted uranium into your local wetland or not having a cafeteria waste composting program. more

This has been one of those weeks that might make you glad you’re not a banker, or wish you weren’t if you are.

At Davos, French president Nicolas Sarkozy has re-ignited his campaign for a global tax on bank transactions and took time out to deliver a severe tongue-lashing to JPMorgan Chase CEO Jamie Dimon, who’s not too enthused about Sarkozy’s proposal, for some reason. more

Hmmm … I might have guessed that finance chiefs’ biggest job stress would be responsibility overload. Or maybe tanking performance metrics in a slow economy.

Both of those are indeed major headaches for CFOs, but they’re not their biggest worry, according to a new Deloitte study. more