As billionaires become a popular political target, a new book urges Washington not to lose sight of a much larger, and quieter, group of wealthy business owners.
Category: Corporate Taxes
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Are Democrats Worried About the Wrong Rich People?
The New York Times – Business: -
How Malta Became a Tax Haven for Crocs and Other U.S. Companies
The New York Times – Business:The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.
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Trump Threatens 100% Tariffs on Europe Over Tech Taxes
The New York Times – Business:The president claimed the tariffs would override a trade deal with the European Union, which European officials finalized just days ago.
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I.R.S. Tactics Against Meta Open a New Front in the Corporate Tax Fight
The New York Times – Business:The agency is using real-world profit data to challenge how big companies value offshore intellectual property.
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Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector
Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
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Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
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How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy
The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.
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Renewable Energy Is Booming Despite Trump’s Efforts to Slow It
With federal subsidies ending or becoming hard to claim, companies are racing ahead with solar, wind and battery projects.
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Trump Warns of Doom if Tariffs Are Ruled Illegal. Others See a Tax Cut.
Many American companies have had to shoulder at least some of the costs of tariffs, biting into earnings the same way a corporate tax increase would, analysts say.
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Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters
The Treasury Department is rolling back efforts to shut down aggressive strategies used by America’s biggest multinational companies and wealthiest people.
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Elon Musk’s SpaceX Most Likely Doesn’t Pay Taxes
Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.
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Trump’s Tariffs Set to Hit Ireland, Where Drugmakers Play Tax Games
Manufacturing in Ireland has long helped many American drug companies pay lower taxes. But that strategy was designed for a world without President Trump’s tariffs.