The Obama administration, in its latest bid to prevent American companies from minimizing U.S. taxes by rebasing abroad, issued final rules on Thursday to combat a key tax-reduction technique known as earnings stripping.
Why do politicians always want to get between people and their money? I was listening to an Uber X driver last night. She was at wit’s end. She had no job prospects and she was losing everything. She didn’t want to go on government assistance. Uber gave her a way out. This isn’t the first time I have heard a story like that.
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.