All The World's News
Recent News Headlines : Taxation
PAUL RYAN AND TOP REPUBLICAN LAWMAKERS COULD REAP PERSONAL WINDFALL FROM NEW REAL ESTATE TAX BREAKS
Real Estate Investment Trusts REITs, publicly traded pass-through entities that own income-producing real estate, are also eligible for the tax break... READ MORE›
RATES ON OFFSHORE EARNINGS NOT YET FINALIZED
Senate Provide a 23 percent deduction, with limitations related to taxable income and amount of wages paid... READ MORE›
DONALD TRUMP PROMISES 'GIANT TAX CUT' AS CHRISTMAS GIFT TO AMERICANS
We didn't become great through massive taxation and Washington regulation, he said... READ MORE›
TREASURY'S ONE-PAGE REPORT: TRUMP'S PLANS PAY FOR SENATE TAX CUT
An analysis that Secretary Steven Mnuchin had previously pledged to conduct with full transparency... READ MORE›
JOHN CORNYN'S FOSSIL FUEL PROVISION WOULD PERSONALLY ENRICH REPUBLICAN LAWMAKERS
Federal disclosure records show that in 2017, all three companies' lobbyists have been pressing lawmakers on issues related to the taxation of partnerships... READ MORE›
THE MIDDLE CLASS MIGHT NOT EVEN NOTICE IF THE GOP CUTS THEIR TAXES
Virtually nobody believed they got a tax cut, said Jared Bernstein, an economist who worked in former President Barack Obama's White House... READ MORE›
GOP PROPOSING BIG DEPARTURE: SAME INCOME, DIFFERENT TAX RATES
Individual income taxes can be deferred on profits left inside a corporation instead of deposited in a personal account... READ MORE›
RISKS AND PROFIT-TAKING AT PLAY AS EQUITY RALLY HITS BUFFERS
CNOOC, Sinopec and PetroChina dived in Hong Kong, while Inpex was hammered more than three percent in Tokyo... READ MORE›
EXCLUSIVE: WHITE HOUSE DOESN'T FORESEE SHUTDOWN, TRUMP WANTS 20 PERCENT CORPORATE TAX
Short said the White House stood firmly behind the goal of a 20-percent corporate tax rate as part of the planned tax overhaul currently in Congress... READ MORE›
AFTER CUTTING TAXES, TRUMP LOOKING TO LOCALITIES TO RAISE REVENUE FOR INFRASTRUCTURE
Another unresolved problem, the White House acknowledged, is how to be fair to jurisdictions that have invested heavily in infrastructure in recent years without federal prodding... READ MORE›
CITIGROUP CFO SEES $20 BILLION HIT IF SENATE TAX BILL SIGNED
About 3 billion to 4 billion of the charge would come from the taxation of unremitted foreign earnings... READ MORE›
GOP PLAN DAUNTS METRO NEW YORK REAL ESTATE
In San Francisco and Scarsdale, Jersey City and Greenwich, the real estate talk is the same Just how bad will this Republican tax overhaul hurt?... READ MORE›
DEATH TO DEMOCRATS HOW THE GOP TAX BILL WHACKS LIBERAL TENETS
One of the most controversial measures in the House and Senate tax plans calls for repealing state and local tax deductions... READ MORE›
RAY DALIO SAYS END OF THE SALT DEDUCTION WILL FURTHER DIVIDE THE NATION
States like New York, New Jersey and California, which have higher than average incomes and taxes, are the most vulnerable... READ MORE›
DEATH TO DEMOCRATS HOW THE GOP TAX BILL WHACKS LIBERAL TENETS
One of the most controversial measures in the House and Senate tax plans calls for repealing state and local tax deductions... READ MORE›
CALIFORNIA AND ILLINOIS REPUBLICANS COULD FACE INTENSE PRESSURE
Tax Bill California And Illinois Republicans Could Face Intense Pressure... READ MORE›
POSSIBLE IMPACTS OF US TAX CUTS ASSESSED
But the bill, if passed, will not create large cash flows out of China and into the US, said Liu Shangxi, head of the Chinese Academy of Fiscal Sciences... READ MORE›
AFTER HOT DEBATE US TAX BILL EXPECTED TO BE A BOON FOR BUSINESSES
But U.S. companies have long benefited from tax deductions that brought their effective tax rate down to around 21 percent... READ MORE›
TRUMP, REPUBLICANS CLOSE IN ON LEGISLATIVE WIN WITH TAX OVERHAUL BILL'S APPROVAL IN SENATE
U.S. Senate approves major tax cuts in legislative win for Trump... READ MORE›
TRUMP WINS PATH TO TAX BILL AFTER SENATE GOP BACKS BUDGET BUT WHAT COMES NEXT WON'T BE EASY
There are plenty of Democrats who would probably benefit from helping President Trump on tax cuts if they help working people, said Graham... READ MORE›
U.S. SENATE APPROVES TRUMP'S MASSIVE TAX BILL, MOVING CLOSER TO BIG WIN FOR REPUBLICANS
Read more Republicans near Senate approval of Trump's massive tax bill that benefits wealthy, corporations The GOP tax plan started as a simple cut... READ MORE›
REPUBLICANS VOTED TO HAND TAX CUTS TO AMERICA'S BILLIONAIRES IN THE MIDDLE OF THE NIGHT
Republicans voted to hand tax cuts to America's billionaires in the middle of the night... READ MORE›
SENATE APPROVES MAJOR TAX CUTS IN VICTORY FOR TRUMP
U.S. Senate Majority Leader Mitch McConnell R-KY leaves the Senate floor during debate over the Republican tax reform plan in Washington, U.S., December 1, 2017... READ MORE›
SENATE APPROVES MAJOR TAX CUTS IN VICTORY FOR TRUMP
U.S. Senate Majority Leader Mitch McConnell R-KY leaves the Senate floor during debate over the Republican tax reform plan in Washington, U.S., December 1, 2017... READ MORE›
U.S. SENATE APPROVES SWEEPING TAX OVERHAUL
The Republicans have managed to take a bad bill and make it worse, said Senate Democratic leader Chuck Schumer... READ MORE›
TAKE FIVE WORLD MARKETS THEMES FOR THE WEEK AHEAD
Prime Minister Theresa May is due to meet European Commission President Jean-Claude Juncker and his chief Brexit negotiator, Michel Barnier, in Brussels for lunch on Monday... READ MORE›
SENATE SUSPENDS BILL VOTES TO FRIDAY MORNING
On Friday as the collapse of a key compromise to win a majority for a Senate tax overhaul left Republicans scrambling to salvage the legislation... READ MORE›
IT STARTED AS A TAX CUT; NOW IT COULD CHANGE AMERICAN LIFE
A key feature of the Senate bill is the elimination of a federal deduction for state and local taxes... READ MORE›
REPUBLICAN TAX PLAN HANGS IN BALANCE IN US SENATE
The Joint Committee on Taxation projected Thursday that the plan's economic bump would translate into 407 billion in increased revenues over 10 years... READ MORE›
SENATOR COLLINS SAYS NOT COMMITTED TO TAX BILL, CONCERNED ABOUT SALT
Collins said she has proposed an amendment to the tax bill that would retain the deduction for property taxes up to 10,000, as the House bill does... READ MORE›
Trending News Headlines : Taxation
TRUMP'S TAX PROMISES UNDERCUT BY CEO PLANS TO HELP INVESTORS
To be sure, some company leaders have explicitly said that corporate tax cuts would cause them to invest in jobs and wages... READ MORE›
MNUCHIN SAYS IT'S 'VERY HARD NOT TO GIVE TAX CUTS TO THE WEALTHY'
The top 10 percent of the people pay 81 percent of the taxes, Mnuchin told Politico... READ MORE›
BANNON IS SAID TO CALL FOR 44 TAX ON INCOMES ABOVE 5 MILLION
That plan condensed the seven existing individual income tax rates to three, with a top rate of 35 percent... READ MORE›
TRUMP TAX PLAN ELIMINATES BIG PERK FOR HIGH-TAX STATES
The White House maintained the wealthy would continue to pay the bulk of federal income taxes... READ MORE›
GOP BRACES FOR 'ALL HELL' TO BREAK LOOSE WHEN TAX BILL FINALLY DROPS
The House Republicans' bill will essentially be initiating open warfare on the middle class, said Senate Minority Leader Chuck Schumer, a New York Democrat... READ MORE›
TRUMP PROPOSES U.S. TAX OVERHAUL, STIRS CONCERNS ON DEFICIT
The real estate mogul-turned-politician, who promised big tax cuts as a candidate, told reporters he personally would not gain financially from the proposal... READ MORE›
IT STARTED AS A TAX CUT; NOW IT COULD CHANGE AMERICAN LIFE
A key feature of the Senate bill is the elimination of a federal deduction for state and local taxes... READ MORE›
TAX-HIKE FEARS TRIGGER TALK OF EXODUS FROM MANHATTAN AND GREENWICH
When Tepper moved his firm to Florida, forecasters warned it could jeopardize New Jersey's budget because the firm generated more than 100 million in state income tax... READ MORE›
A 'MILLIONAIRES TAX' IS NOW NEW JERSEY DEMOCRATS' TOP PRIORITY
Provide about 40 percent of the state's income-tax revenue, according to the New Jersey taxation division... READ MORE›
CHUCK SCHUMER: DONALD TRUMP'S TAX REFORM IS NOTHING LIKE REAGAN'S
More President Trump With tax reform we can make it morning in America again More Our View Tax reform or tax con?... READ MORE›
TRUMP TELLS PA. TRUCKERS HIS TAX PLAN WOULD GIVE AMERICANS $4,000 RAISE
Truckers his tax plan would give Americans 4,000 raise The president expressed confidence that Pennsylvania lawmakers would help push his tax plan through Congress... READ MORE›
GOP PLAN HAS LARGE TAX BREAKS FOR THE HIGHEST EARNERS
The framework calls for capping the tax rate on such pass-through businesses at 25 percent... READ MORE›
HOW PRESIDENT TRUMP'S TAX PLAN AFFECTS YOU, AND WHAT WE STILL DON'T KNOW ABOUT IT
How President Trump's tax plan affects you, and what we still don't know about it... READ MORE›
FOSSIL-FUEL FRIENDLY TAX PLAN SPARES OIL, NOT SOLAR OR TESLA
Those held through corporate entities would see a big benefit from the 20 percent corporate tax rate, he said... READ MORE›
ARE YOU MIDDLE CLASS ENOUGH TO GET A TAX CUT FROM PRESIDENT TRUMP'S PLAN?
Are you middle class enough to get the tax breaks President Trump and House Speaker Paul Ryan are promising?... READ MORE›
MORE AMERICANS THINK WEALTHY, NOT MIDDLE CLASS, WILL BENEFIT FROM TAX REFORM
But among Democrats, 46 percent think that wealthy will benefit most, with only 7 percent thinking all Americans will benefit and 17 percent who think corporations will benefit... READ MORE›
HOW THE U.S. CAN BREAK OUT OF ITS LONG NATIONAL TAX NIGHTMARE
Personal income taxes in the U.S. are actually both higher and more progressive than the OECD norm... READ MORE›
HOUSE GOP HAS VOTES TO PASS BILL, BRADY SAYS
House Senate for working so hard on cutting taxes reform., Trump said on Twitter Monday morning... READ MORE›
TRUMP MAPS LOBBYING TRIP FOR TAX PLAN LIKELY TO WHACK N.Y., N.J.
The White House said Trump will travel to Indiana Wednesday for a late-afternoon speech that will focus on the tax-overhaul effort... READ MORE›
REVENUE TRIGGER LOOMS AS SOURCE OF FRICTION
The Senate tax bill is headed for a marathon debate this week as Republican leaders plan to hold a floor vote as early as Thursday... READ MORE›
WHAT WE KNOW ABOUT THE GOP TAX BILL AHEAD OF TODAY'S ROLLOUT
House Republican leaders plan to unveil a tax bill Thursday that would cut the corporate tax rate to 20 percent... READ MORE›
SHOULD THE UPPER MIDDLE CLASS TAKE THE BIGGEST TAX HIT?
If the House bill becomes law, overall benefits for the upper middle class will start out small, and later vanish almost entirely... READ MORE›
THE TAX REFORM PLAN ELIMINATES DEDUCTIONS AMERICANS NEED
Congress and the White House were also eyeing your 401 k ... READ MORE›
EVERYTHING YOU NEED TO KNOW ABOUT THE SENATE GOP TAX PROPOSAL
SENATE BILL A corporate tax-rate cut to 20 percent would be delayed by one year to January 2019, according to GOP Senator Bill Cassidy of Louisiana... READ MORE›
TRUMP RETHINKS STATE-LOCAL TAX ISSUE OVER MIDDLE-CLASS CONCERNS
The state and local tax deduction primarily benefits high-income people in high-tax states, including New York, New Jersey and California... READ MORE›
DONALD TRUMP VOICES OPTIMISM ABOUT TAX REFORM PLAN
Trump answers questions with Senate Majority Leader Mitch McConnell in the Rose Garden after their meeting at the White House on Oct. 16, 2017... READ MORE›
PRESIDENT TRUMP SIGNALS TAX BILL STILL CHANGING AHEAD OF SENATE VOTE
Trump, who signaled that further changes would be made to the legislation, met Monday with Republican members of the Senate Finance Committee... READ MORE›
IVANKA TRUMP USED HER CHARM TO SELL AN EXPANDED CHILD TAX CREDIT, AND IT'S WORKING
Tax reform Ivanka Trump used her charm to sell child tax credit... READ MORE›
TRUMP SAYS HE WANTS 15% CORPORATE TAX RATE DESPITE PLAN FOR 20%
Republican tax negotiators are targeting a corporate tax rate of 20 percent, according to two people familiar with the matter... READ MORE›
CORPORATIONS WITH OFFSHORE BILLIONS SPONSOR 'TAX PROM'
The repatriation tax break is not a new idea... READ MORE›