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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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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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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The Senate resolved a dispute late Sunday delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security, clearing the
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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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AS THE Legislature and Governor Deval Patrick gear up for what is likely to be a heated budget battle, much of the focus will be on closing corporate tax "loopholes." They hope to find middle ground through an appointed commission that will study the state's corporate tax code. As the debate continues, they should also take a look at funding ...
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A major rewrite of corporate tax law that would end a trade dispute with Europe won congressional negotiators&#39; backing yesterday after House Republicans beat back efforts to increase tobacco regulation.
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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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The Senate gave final approval yesterday to the most significant corporate tax legislation in nearly 20 years, sending President Bush a 650-page measure that closes egregious tax loopholes, reduces taxes for domestic producers, and doles out tax breaks for interests ranging from tackle box makers to native Alaskan whaling captains.
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Will portions of the overhaul have an impact on your taxes?
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WASHINGTON The US Senate has passed a far-reaching, 136 (b) billion dollar corporate tax package that includes a ten-point-one (b) billion dollar buyout for tobacco farmers.
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The Senate late yesterday resolved a dispute delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security, clearing
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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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Plans to make the tax system easier for small businesses will be outlined by the Conservatives later.
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The drive to pass a $136 billion corporate tax bill hit a roadblock in the Senate on Friday when lawmakers upset about tobacco regulation, new overtime rules and combat pay employed delaying tactics to keep the measure from coming up for a vote.
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WASHINGTON - With no fanfare, President Bush on Friday signed into law the most sweeping corporate tax law in nearly two decades and the fifth major tax cut since he took office less than four years ago.
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The drive to pass a $136 billion corporate tax bill hit a roadblock in the Senate yesterday when lawmakers upset about tobacco regulation, new overtime rules, and combat pay employed delaying tactics to keep the measure from coming up for a vote.