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WASHINGTON, D.C. — The US Treasury Department unveiled new proposals on Thursday to implement a rule requiring some of America's largest corporations to pay a minimum corporate tax rate of 15 ...
WASHINGTON (Reuters) - The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 ...
President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated ...
The U.S. Treasury Department on Thursday said it has proposed raising the effective minimum rate that U.S. corporations pay on overseas income to 21% from about 10.5% as it aims to bring the ...
Replacing these provisions are the two new tax proposals announced yesterday—i.e. a 15% Minimum Corporate Tax and a new tax on some of the US 745 billionaires. But the billionaires tax and the ...
The landmark deal intends to stop companies from parking profits overseas to avoid higher tax rates at home, and to nudge countries toward charging a corporate rate of at least 15 percent.
WASHINGTON — The Treasury Department on Tuesday set broad rules for a new tax on stock repurchases that had been created under a law signed by President Biden earlier this year, largely ...
WASHINGTON, D.C. — The US Treasury Department unveiled new proposals on Thursday to implement a rule requiring some of America's largest corporations to pay a minimum corporate tax rate of 15 percent.