Tag: Government taxation and revenue
EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to subsidiaries in low-tax countries?
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Biden sells G-7 on global tax, but U.S. Congress is a hurdle
President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a...
Harris to tout child care funding and payments to families
Vice President Kamala Harris will highlight the Biden administration's efforts to expand child care and relieve the financial pressures of parenthood during a visit...
Leak of billionaires’ tax data draws GOP outcry over privacy
WASHINGTON — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal...
Well-known Kentucky prosecutor faces wire fraud charges
FRANKFORT, Ky. — A Kentucky prosecutor who twice ran for statewide office was indicted on wire fraud charges stemming from an alleged scheme that...
ProPublica: Many of the uber-rich pay next to no income tax
WASHINGTON — The rich really are different from you and me: They’re better at dodging the tax man.
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Tempur Sealy plans Crawfordsville plant with 300 workers
CRAWFORDSVILLE, Ind. — Bedding manufacturer Tempur Sealy International Inc. said Tuesday it will build a foam-pouring plant in western Indiana that will employ about...
States rebound from bleak forecasts to pass record budgets
JEFFERSON CITY, Mo. — Just a year ago, the financial future looked bleak for state governments as governors and lawmakers scrambled to cut spending...
Biden rebuffs GOP infrastructure offer, citing broader goals
WASHINGTON — President Joe Biden has dismissed a fresh Republican infrastructure proposal that offered modestly more spending but fell short of “his objectives to...
EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to tax havens?
...