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US makes new proposals on 15% corporate tax ruleWASHINGTON, D.C. — The US Treasury Department unveiled new proposals on Thursday to implement a rule requiring some of America's largest corporations to pay a minimum corporate tax rate of 15 ...
President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated ...
Treasury Secretary Scott Bessent asked Republicans in Congress on Thursday to remove the so-called “revenge tax” from President Trump’s “big, beautiful” bill.
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said that the Republican tax and spending bill under consideration will prevent hundreds of billions of dollars of corporate tax ...
WASHINGTON (Reuters) - The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 ...
In this episode of Tax Notes Talk, Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties ...
The U.S. Treasury Department is considering adopting new rules that would revoke the tax-exempt status for colleges if race is a factor in a number of areas, such as admissions and scholarships ...
US Treasury and IRS Unveil Proposed Regulations for Commercial EV Tax Credit, Sparking Questions on Recapture Provisions Chris DiAngelo, Brandon Hadley, Anna-Liza Harris, John Keiserman, Howard ...
Bond yields spiked following Moody's downgrade of US debt. The move highlights a big concern for bond investors that could spark more chaos in markets.
Americans will face a “crushing” $4 trillion tax increase, the largest in history, if Congress doesn’t back Donald Trump’s economic agenda, and ensure the dollar remains the world's ...
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