Republican presidential front-runner Donald Trump on Monday unveiled sweeping proposals to simplify the tax code, slash the corporate tax rate and impose a one-time levy on the overseas earnings of U.S. companies.
Finland's government on Thursday proposed increasing capital gains tax and income tax on high earners to help pay for a 10-fold increase in refugees expected to arrive this year, its finance minister said.
Apple Inc.’s tax agreements with Ireland were criticized as unfair by European Union regulators who said the deals were improperly designed to give the iPhone maker a financial boost in exchange for jobs in the country.
Where they've been tried, the evidence shows, well-designed carbon taxes have succeeded in reducing greenhouse-gas emissions. But that doesn't necessarily end the debate over their effects—nor should it.
The Treasury Department will decide in the “very near future” what actions it can take to deter U.S. companies from cutting tax bills by moving their addresses to other countries, Treasury Secretary Jacob J. Lew said today.
American International Group Inc. Chairman Steve Miller said lawmakers should bring U.S. corporate tax rates in line with other nations’ to halt firms from switching their legal address to cut obligations.
Monsanto Co. (MON), the world’s largest seed company worth $64 billion, recently explored a takeover of $34 billion Swiss rival Syngenta AG (SYNN) in a transaction that would have allowed the U.S. firm to move its tax location to Switzerland.