corporate tax

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Welcome to the tax shelter island known as ... Manhattan

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.
Posted In: tax shelter, corporate tax, apple, manhattan
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Senator Carl Levin and Tim Cook clash in tax haven hearing

May 21, 2013
Senator Carl Levin says big companies are abusing tax loopholes. Apple's Tim Cook says they uphold the spirit of the law.
Posted In: apple, tim cook, Carl Levin, corporate tax
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How much would Apple's overseas cash help the U.S. economy?

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?
Posted In: tim cook, apple, corporate tax, corporations
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Lobbyists gearing up for fight over tax breaks

Mar 26, 2013
As Washington eyes deficit reduction, cherished tax breaks are in the crosshairs.
Posted In: corporate tax, lobbyist, tax break
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Corporate tax reform could help avoid fiscal cliff

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.
Posted In: fiscal cliff, corporate tax, Washington D.C.
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Starbucks volunteers to pay more taxes

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.
Posted In: UK, starbucks, corporate tax, austerity
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Changes in store for the corporate tax rate

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.
Posted In: corporate tax, President Obama
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New plan to be outlined for U.S. corporate tax code

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.
Posted In: corporate, corporate tax, corporations, Obama
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The background on corporate taxes

Feb 22, 2012
The Obama administration could soon propose a lower, flat corporate tax rate. But how do corporate taxes really work?
Posted In: corporate tax
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Obama proposes lower corporate tax rates

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.
Posted In: corporate tax

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