You Searched For "corporate tax" and got 20 results
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2 mins read
This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached
Oregon residents may soon vote on a universal basic income program that would give every resident $…
Erin Snodgrass
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
2 mins read
Western companies still operating in Russia were so profitable in 2022 that their corporate taxes contributed almost $4 billion to the country's revenues
The largest 100 Western companies still operating in Russia posted 1.1 trillion rubles, or $13.3 bi…
Huileng Tan
2 mins read
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…
Allie Kelly
1 min read
Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…
Yuheng Zhan
3 mins read
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
2 mins read
Biden says 'wacko liberal guy' Ronald Reagan had a higher corporate tax rate than the US has right now
President Biden wants to raise taxes on corporations and billionaires, but Republicans are unlikely…
Juliana Kaplan,Ayelet Sheffey
3 mins read
Don't do your taxes yet. Parents and businesses could benefit from last-minute changes in Congress.
A bipartisan group of lawmakers is considering bringing the expanded Child Tax Credit back, along w…
Ayelet Sheffey,Juliana Kaplan
1 min read
Infosys says it appealed against UK's corporation tax assessment
Infosys, a software services company, admitted on Tuesday that it has appealed against a corporatio…
PTI
4 mins read
India’s Income Tax Burden: Mere 0.3% of adult population account for 76% of total personal IT receipts
Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …
2 mins read
A 2% global tax on all billionaires could raise $250 billion annually, a research report backed by a Nobel Prize-winning economist says
The EU Tax Observatory estimated that a 2% global minimum tax would raise close to $250 billion ann…
Grace Dean
3 mins read
The IRS gave us a window into how much tech titans have dodged in taxes
The IRS says Microsoft owes nearly $29 billion in back taxes. It might signal a widespread practice.
Juliana Kaplan
2 mins read
Kyrsten Sinema voices support for minimum corporate tax, breathing life into key funding source for Biden's agenda
A higher corporate tax, which Sinema reportedly opposed in recent weeks, would raise hundreds of bi…
Ben Winck
2 mins read
Biden roasts 55 companies like Nike and FedEx for paying less in taxes than the price of a cup of coffee
A pumpkin spice latte costs $5 - more than some of America's biggest companies' tax bills, says an …
Juliana Kaplan
3 mins read
House Democrats' new plan still leaves a gap for the wealthy to dodge some taxes - and it keeps the corporate rate at a historic low
The wealthiest earn more from investments than salaries. Biden promised to change that, but the Hou…
Ben Winck
3 mins read
Here's Biden's tax plan that corporations like Apple, Disney, and ExxonMobil are scrambling to squash right now
President Joe Biden wants to increase the corporate income tax rate from 21% to 28% and increase th…
Madison Hoff
2 mins read
Biden ditches a corporate tax rate increase in his bipartisan infrastructure deal - for now
Earlier today, President Joe Biden said "we have a deal" on infrastructure. It doesn't include hiki…
Juliana Kaplan,Joseph Zeballos-Roig
2 mins read
The new global minimum tax could bring in $150 billion for worldwide governments, report says
The Group of 7 summit yielded a historic tax agreement that, if enacted, could yield billions for g…
Juliana Kaplan
2 mins read
Biden offers to ditch his rollback of Trump-era tax cuts in major infrastructure concession to GOP
Biden also offered to cut the amount of new spending he's seeking to $1 trillion. Republicans have …
Juliana Kaplan,Joseph Zeballos-Roig
2 mins read
The G-7 will reportedly back a global minimum tax, a major step forward for the historic tax change
A global minimum corporate tax rate would stop companies from moving to a different country to get …