October 8, 2021
Comments Off on More than 130 countries reach deal on corporate minimum tax
More than 130 countries have agreed on sweeping changes to how big global companies are taxed, including a 15% minimum corporate rate designed to deter multinationals from stashing profits in low-tax countries.
Tagged with: corporate taxes Taxes
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May 21, 2021
Comments Off on US proposes 15% minimum tax on global corporate profits
The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies.
Tagged with: corporate taxes profits Taxes treasury
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May 10, 2017
Comments Off on For one month, a huge federal surplus
The federal government ran the second-highest monthly surplus on record this April as tax revenues were pushed higher by a change in the deadline for corporate tax payments. In its monthly budget report, the Treasury Department said Wednesday that the ...
Tagged with: corporate taxes federal deficit surplus
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The Maryland Senate will consider more than a half-dozen proposals stemming from the last year of work by the Maryland Commission on Economic Development and Business Climate.
Tagged with: 2016 Maryland General Assembly Augustine Commission corporate taxes income taxes Larry Hogan maryland senate Norman Augustine Thomas V. Mike Miller Jr.
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October 21, 2015
Comments Off on Billionaire starts super PAC to push corporate tax revamp
Billionaire New York investor Carl Icahn said Wednesday he is creating a $150 million super PAC focused on revising corporate tax law. Icahn will use his super PAC to press Congress to pass legislation that stops U.S. companies from moving ...
Tagged with: carl icahn corporate taxes
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Walgreen says it will no longer pursue an overseas reorganization that would have trimmed the amount of U.S. taxes it pays.
Tagged with: corporate taxes walgreen
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April 15, 2014
Comments Off on Report: Corporate tax loopholes cost Md. businesses, residents
Corporations operating in Maryland and the United States are not paying their fair share in taxes, according to a report released Tuesday by the Maryland Public Interest Research Group.
Tagged with: corporate taxes
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As many as three dozen unnamed corporations doing business in Maryland could pay less in corporate tax filing fees but more in overall taxes under a bill proposed by Sen. Paul Pinsky.
Tagged with: corporate taxes Prince George's County Sen. Paul G. Pinsky
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January 25, 2012
Comments Off on Millionaire’s tax, combined reporting back again
Two proposals that consistently rankle business interests big and small in Annapolis resurfaced Wednesday for their annual appearance in the State House. They are, of course, the millionaire’s tax and combined reporting. (S.B. 249 and S.B. 269, respectively, if you’re ...
Tagged with: businesses combined reporting corporate taxes Martin O'Malley revenue Taxes
Read More »NEW YORK — The Dow Jones industrial average broke through 12,000 for the first time in two and half years Wednesday but edged lower in afternoon trading. Investors were encouraged by President Barack Obama’s call to overhaul taxes on businesses and ...
Tagged with: corporate taxes djia dow dow jones dow jones industrial average Economy loopholes revenue stock market Taxes
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