Tag: Corporate taxes

Biden plan would pick winners, losers in move to green jobs

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WASHINGTON — In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan,...

Feds say Swiss company to pay $77M over US tax evaders

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NEW YORK — Switzerland’s biggest and oldest life insurance company will pay more than $77 million to the U.S. Treasury after admitting it helped...

Maryland business owner pleads guilty to tax evasion

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BALTIMORE — The owner of a Maryland physical therapy business is facing up to five years in prison after pleading guilty to not paying...

McConnell says GOP open to $600 billion for infrastructure

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LOUISVILLE, Ky. — Senate Minority Leader Mitch McConnell, R-Ky., said Monday that Republicans are willing to spend up to $600 billion on infrastructure, far...

Biden’s corporate tax plan takes aim at income inequality

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WASHINGTON — From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and...

A look at how US corporations manage the tax system

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WASHINGTON — As American corporations have generated an ever-smaller share of federal tax revenue, the burden has fallen more heavily on individuals, through the...

Biden’s first 100 days: Where he stands on key promises

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WASHINGTON — As he rounds out his first 100 days in office, President Joe Biden’s focus on reigning in the coronavirus during the early...

Britain targets 22 people with new anti-corruption sanctions

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LONDON — Britain imposed asset freezes and travel bans Monday on 22 people accused of bribery, kickbacks and fraud in its first use of...

G20 working for deal on international corporate tax by July

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MILAN — Italy’s finance minister said Wednesday that Group of 20 advanced economies hope by a ministerial meeting in July to have reached an...