Senate Approves Corporate Tax Bill
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The bill's tax breaks, while worth about $140 billion over 10 years, is also designed save that much by closing shelters and raising customs fees.
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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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The US Senate on Monday passed a $136 billion corporate tax package that cuts taxes and closes loopholes. The bill, which took two years to complete, is expected to help about 200,000 US manufacturers create jobs, said Sen.
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The US House has approved a $136 billion corporate tax cut package, but the measure faces hurdles to passage in the Senate. The overall bill is aimed at repealing a corporate
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President George W. Bush signed a $136 billion corporate tax relief bill yesterday that could provide substantial savings for some of Massachusetts&#39; biggest
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Key provisions of the corporate tax bill pending before the Senate for a vote Monday on final approval. The cost estimates over 10 years come from the Joint Committee on Taxation:
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The US Senate approved modifications to the Internet Tax Non-Discrimination Act Friday, clearing the way for House passage of the bill that would prevent taxing online purchases.
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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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The US 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 US export
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A corporate tax bill offering huge tax breaks to US manufacturers in return for removing export subsidies is approved by Congress.
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The US Senate cleared the way for passage of a bill that would replace a tax break for exporters ruled illegal by the World Trade Organization with $145 billion in tax cuts and payments
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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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The Senate shipped President Bush a wide-ranging &#36;136 billion corporate tax-cut bill and a disaster aid package on Monday, letting lawmakers head home for the finale of the presidential and congressional campaigns.
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WASHINGTON -- The Senate passed a far-reaching, $136 billion corporate tax package today 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
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Without fanfare, President George W. Bush signed into law on Friday a nearly $140 billion corporate tax cut bill derided by both Democratic presidential rival John Kerry and Republican Sen.
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WASHINGTON The US Senate gave final approval Monday to a bill that would resolve a long-running trade dispute between the United States and Europe, as well as hand out about $140 billion in corporate tax breaks.
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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 and $10.1 billion separately to buy out tobacco farmers' government quotas...