Stacey Vanek Smith
May 22, 2013 Not all of Apple's untaxable billions are overseas. Some are held right here in the U.S., protected because the accounts are foreign owned. Welcome to the tax-shelter island otherwise known as Manhattan.
May 23, 2013 Senator Carl Levin says big companies are abusing tax loopholes. Apple's Tim Cook says they uphold the spirit of the law.
May 21, 2013 Apple’s $100 billion in overseas cash is just part of the nearly $2 trillion in U.S. corporate funds that are beyond the reach of the IRS. What difference could that money make if it was brought home?
Mar 26, 2013 As Washington eyes deficit reduction, cherished tax breaks are in the crosshairs.
Dec 12, 2012 President Obama and House speaker John Boehner are still tussling over the details of any fiscal cliff deal. But the Wall Street Journal reports that, now corporate tax rates have entered the discussion.
Dec 7, 2012 The company is one of a number of big U.S. businesses accused of not paying a fair share of tax on their British operations.
Heidi N. Moore
Feb 22, 2012 Obama’s plan would cut the top corporate tax rate to 28 percent from 35 percent but close many loopholes that let companies pay far less today.
Feb 22, 2012 The Obama administration is expected to announce a plan to bring the corporate tax rate down from 35 to 28 percent, hoping to eliminate tax loopholes for corporate giants.
Feb 22, 2012 The Obama administration today will outline a broad overhaul of the nation's corporate tax code that will lower the tax rate that businesses pay, but could increase to amount of tax revenue heading to Washington.