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  • This week in tax: Elon Musk and Treasury secretary clash over IRS leadership
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This week in tax: Elon Musk and Treasury secretary clash over IRS leadership

Admin April 25, 2025

Scott Bessent reportedly felt undermined by Musk naming Gary Shapley as acting IRS commissioner; in other news, Baker Tilly will combine with a top 15 US firm

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  • CPI inflation April 2025: Rate hits 2.3%
  • German business leaders tell new government: It’s time to deliver
  • Finnish government accused of unsubstantiated corporate tax claim
  • Tariff receipts topped $16B in April, helped cut budget deficit
  • Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China

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