President OKs overhaul of corporate tax law
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President Bush yesterday signed into law the most sweeping changes to the corporate tax code in nearly two decades. The bill creates roughly $140 billion in tax cuts for businesses and
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Key provisions of the corporate tax bill signed today by President Bush. The cost estimates over 10 years come from the congressional Joint Committee on Taxation:
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WASHINGTON - U.S. President George Bush on Friday signed tax legislation that provides $145 billion in new tax relief to U.S. corporations over the next 10 years, including a provision giving a tax break to companies that return income to the U.S. from operations located overseas.
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The US House of representatives on Thursday passed a new corporate tax bill designed to end the trade war with Europe but the bill gives more tax cuts for some business including farmers and big companies.
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The House on Thursday passed the most sweeping rewrite of corporate tax law in nearly two decades, a measure designed to end a nasty trade war with Europe and shower $136 billion in new tax breaks on businesses, farmers and other groups.</
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The House of Representatives on  Wednesday overwhelmingly passed a business-backed bill that  would tighten rules for federal review of foreign takeovers of  U.S. companies without discouraging such investments.
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The Senate is expected to follow the lead of the House and pass a major overhaul of corporate tax law that would dole out $136 billion in new tax breaks to a wide array of US companies and provide a $10.
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WHITE HOUSE Without fanfare, President Bush has signed a package of changes in corporate tax law -- giving 136 (b) billion dollars in new tax breaks to businesses, farmers and others.
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The Senate is expected to follow the lead of the House and pass a major overhaul of corporate tax law that would dole out &#36;136 billion in new tax breaks to a wide array of U.S. companies and provide a &#36;10.1 billion buyout for the nation's tobacco farmers.
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WASHINGTON, Nov 19  - The House of Representatives on Friday approved a ban on taxing Internet access and online sales, which US President George W. Bush is expected to sign, a sponsor of the bill said.
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The House moved toward passage Thursday of the most sweeping rewrite of corporate tax law in nearly two decades, a measure designed to end a nasty trade war with Europe
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The U.S. Senate easily gave final congressional approval on Monday to a huge corporate tax bill that aims to end a trade fight with the European Union by repealing U.S. export tax subsidies that violate global trade rules.
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WASHINGTON - A major rewrite of corporate tax law that would end a nasty trade dispute with Europe won approval Wednesday from congressional negotiators after House Republicans beat back efforts to increase regulation of tobacco.
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President Bush showered &#36;136 billion in new tax breaks on businesses, farmers and other groups Friday, quietly signing the most sweeping rewrite of corporate tax law in nearly two decades.
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WASHINGTON -- Congress Monday approved a $136 billion in new corporate tax breaks and a buyout for tobacco farmers as part of legislation that eliminates an export tax credit ruled illegal by the World Trade Organization.
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The House last night passed a sweeping rewrite of corporate tax law, a measure designed to end a trade war with Europe and shower $136 billion in new tax breaks on businesses, farmers, and other groups.
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WASHINGTON - Without fanfare, President Bush Friday signed into law a bill containing nearly $140 billion in corporate tax cuts denounced by critics on both sides of the aisle as a giveaway to special interests.