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Biden plans to nominate Janet Yellen for Treasury

The former Fed chair would be the first woman to head the Treasury, bringing a seasoned central banker to the nation’s top economic policy job as the coronavirus pandemic threatens another U.S. downturn.

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Global tax avoidance costs countries $427B each year: Report

Taxpayers around the world lose at least $427 billion each year to individual tax evasion and multinational corporate profit-shifting, which undercuts public funding for a COVID-19 response, according to a new report.

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Businesses reassess leases and accounting amid coronavirus

Nearly one-third of companies are reducing their overall real estate footprint as a result of the COVID-19 pandemic, with 31 percent of companies renegotiating leases for more favorable terms, according to a new report.

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Coronavirus delays IRS reorganization

The pandemic is throwing a monkey wrench into plans for the Internal Revenue Service to reorganize itself to provide better taxpayer service.

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