Trump tax plan expends recession-fighting U.S. business tax break
Wednesday, 4 October 2017 WASHINGTON (Reuters) - President Donald Trump's tax plan would let U.S. companies take bigger, faster deductions on capital investments, a step some experts said would deplete Washington's policy arsenal by using up a tax break normally reserved for fighting recessions.
Oct.12 -- Uncertainty about President Donald Trump's tax proposals is pushing CEOs of major corporations to buy back bonds now in a move that could save millions of dollars due to potential tax changes. Bloomberg's Kevin Cirilli reports on "Bloomberg Surveillance."
Tech giants stand to pay more tax under proposals outlined by the European Commission on Wednesday. Under the Commission's plan, companies with significant digital revenues in Europe will pay a 3.. Source: Euronews English -
Republican lawmakers are reportedly trying to fix a 'glitch' in their previously past tax cut legislation as part of new negotiations for a massive spending bill. The error, which has been called the.. Source: Wochit News -
Mar.21 -- The European Commission has proposed a three percent tax on internet companies with an annual global turnover of $920 million. Bloomberg Tax's Ben Stupples reports on "Bloomberg Daybreak:.. Source: Bloomberg Technology -
A tweak to the tax code as part of the new GOP tax law is causing problems for professional sports teams. The change makes trades of assets subject to capital gains taxes. This could be a problem.. Source: Wochit Business -