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New Corporate Minimum Tax Ushers In Confusion and a Lobbying Blitz
Posted inCenterPoint Energy Inc Corporate Taxes Inflation Reduction Act of 2022 Lobbying and Lobbyists Tax Credits, Deductions and Exemptions

New Corporate Minimum Tax Ushers In Confusion and a Lobbying Blitz

Large companies are bracing for the impact of a 15 percent tax that went into effect this year.
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Posted by By Alan Rappeport
In Budget Talks, Biden Rejects Hard Choices of the Past
Posted inBiden, Joseph R Jr Corporate Taxes Economic Conditions and Trends Federal Budget (US) National Debt (US) Obama, Barack United States Economy United States Politics and Government

In Budget Talks, Biden Rejects Hard Choices of the Past

The president has met Republican demands for debt reduction with a plan to trim deficits by taxing companies and the rich.
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Posted by By Jim Tankersley
DeSantis Gains Control of Tax Board Overseeing Disney World
Posted inAmusement and Theme Parks Corporate Taxes DeSantis, Ron Disney, Walt, World (Lake Buena Vista, Fla) Law and Legislation State Legislatures Walt Disney Company

DeSantis Gains Control of Tax Board Overseeing Disney World

The Florida governor had wanted to abolish the resort’s designation as a special tax district. That would have left two counties paying for services like policing.
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Posted by By Brooks Barnes
Treasury Department Outlines Rules for New Corporate Taxes
Posted inCorporate Taxes Inflation Reduction Act of 2022 Internal Revenue Service Stock Buybacks Treasury Department United States Politics and Government

Treasury Department Outlines Rules for New Corporate Taxes

The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s climate and health bill.
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Posted by By Jim Tankersley

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