
Michael Rapoport
Senior Reporter at Bloomberg Tax
Senior reporter @tax. Ex-@WSJ. #TaxTwitter. #Mets, @springsteen, movies, comics fan. Tweets are my opinions, not endorsements. [email protected]
Articles
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1 week ago |
news.bloomberglaw.com | Michael Rapoport |Liz McCormick |Emily Birnbaum
Congress’s own official tax scorekeeper is predicting a “revenge” tax buried in Donald Trump’s massive fiscal package would realize Wall Street’s fears and drive foreign investors away from US markets.
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1 week ago |
bloomberg.com | Michael Rapoport |Liz McCormick |Emily Birnbaum
The US Capitol in Washington. (Bloomberg) -- Congress’s own official tax scorekeeper is predicting a “revenge” tax buried in Donald Trump’s massive fiscal package would realize Wall Street’s fears and drive foreign investors away from US markets.
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1 week ago |
news.bloomberglaw.com | Michael Rapoport |Liz McCormick |Emily Birnbaum
Congress’s own official tax scorekeeper is predicting a “revenge” tax buried in Donald Trump’s massive fiscal package would realize Wall Street’s fears and drive foreign investors away from US markets.
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2 weeks ago |
news.bloomberglaw.com | Michael Rapoport |Caleb Harshberger
May 23, 2025, 8:29 PM UTC Michael Rapoport Senior Reporter, Bloomberg Tax Meta and the IRS have been fighting for a decade over the tax implications of how costs for developing Facebook’s platform were shared between its US and Irish companies.
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2 weeks ago |
news.bloombergtax.com | Michael Rapoport |Caleb Harshberger
The US Tax Court’s long-anticipated ruling Thursday in Facebook’s big transfer-pricing battle with the IRS was a split decision—and not everyone agrees who came out ahead. The court sided with the IRS on the method and regulations it used to determine the value of assets under a cost-sharing arrangement between Facebook parent company Meta Platforms Inc. and its Irish subsidiary. Some tax professionals said the decision will ease the IRS’s pursuit of future cases against other technology companies.
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New by me, from Bloomberg Tax: Business groups are pushing back against Donald Trump's plan to use other countries' value-added taxes as a reason to slam them with US tariffs. @tax https://t.co/AyIUjdrPVt
I am enjoying #Oscars2025, which is a good thing because at this rate it looks like the ceremony is going to last till around July.
Coca-Cola has reserved for only a small amount of its potential $16 billion IRS bill - and it's not alone. My Bloomberg Tax deep dive into how some companies don't have enough reserves for what they may owe, and what it may mean for investors. @tax https://t.co/3lRmGsUunr