Update 2: Corporate Tax Law Overhaul Passage Likely
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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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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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WASHINGTON - The Senate resolved a dispute delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security last night, clearing the way for senators to adjourn today to hit the campaign trail.
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WASHINGTON In an act of pre-election largess, US House and Senate negotiators have approved a sprawling corporate tax bill that would shower corporations and farmers in politically sensitive states with about $145-billion worth of new tax cuts.
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The Senate passed a far-reaching, $136 billion corporate-tax package yesterday that cuts taxes for businesses ranging from film companies to bow-and-arrow makers while closing tax loopholes and bringing US exporters in line with international trade rules.
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WASHINGTON Supporters of a major rewrite of corporate tax law are optimistic they&#39;ll be able to complete congressional action this week on legislation needed to end a bitter trade fight with Europe.
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The Senate today passed a far-reaching, $136 billion corporate tax package that cuts taxes for businesses ranging from film companies to bow-and-arrow makers while closing tax loopholes and bringing US exporters in line with
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A committee working on tax bills passed by the US House of Representatives and US Senate failed to agree on key tobacco-related provisions, Reuters reported Oct. 5. The corporate tax bill passed by the Senate
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People living in states without income taxes could see their federal income taxes fall by about &#36;500 if they itemize deductions under the corporate tax overhaul approved by Congress.
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NEW YORK - The corporate tax legislation passed by the US Senate yesterday--billed as the most significant corporate tax legislation since 1986--adds roughly $137 billion in tax relief over ten years but is &quot;paid for&quot; by closing an export subsidy and by
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A sweeping corporate tax bill that would dole out nearly $140 billion in business breaks over the next decade was unexpectedly delayed in the Senate on Sunday over its failure
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The Senate, after a weekend of behind-the-scenes negotiations, struck a deal to allow passage of a sweeping corporate tax bill and spending measures for disaster relief and homeland security.
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WASHINGTON A corporate tax bill that would end a trade war with Europe and shower more than 140 (b) billion dollars in tax breaks on American companies is nearing congressional approval.
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WASHINGTON - The Senate, in an unusual Sunday session, saw its effort to pass a sweeping corporate tax bill grind to a halt in the face of delaying tactics by a Louisiana senator upset that the measure did not include pay support for members of the Reserves and National Guard.    By a 66-14 vote, lawmakers did agree to limit debate on the tax bill, which provides $136 billion in new tax breaks for businesses $10.1 billion to buy out tobacco farmers' government quotas...
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WASHINGTONââ Senators are turning their attention to a wide-ranging $136 billion corporate tax bill as lawmakers whittle down their workload before leaving town for the elections.
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WASHINGTON -- The House last night passed a massive business-tax bill aimed at settling a trade dispute with the European Union and propping up domestic manufacturers.
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WASHINGTON - President Bush cleared the way for $136 billion in new tax breaks on businesses, farmers and other groups yesterday, quietly signing the most sweeping rewrite of corporate-tax law since 1986.