Corporate taxes

The Arizona lawmaker is “reviewing the text and will need to review what comes out of the parliamentarian process.”

Senator Joe Manchin and Majority Leader Chuck Schumer have struck a deal on a tax, energy and climate bill, breaking a deadlock on the Democrats’ long-sought legislation to enact major parts of President Joe Biden’s agenda.

Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin released the outline of a tax, climate and health care deal on Wednesday, in what could prove to be a major breakthrough after weeks of negotiations.

The U.S. would collect an additional $318.7 billion over the next 10 years by implementing the 15% global minimum tax and exercising the undertaxed-profit rule.

Corporate tax departments generally agree that technology will be key to keeping up with tax changes, but many concede their own technology isn't adequate to meet these challenges.

An excise tax for small and midsized producers beginning at 5% would be imposed on cannabis products and gradually increase to 12.5%.

Corporate tax executives are anticipating changes in government tax requirements over the next two years, but they feel less prepared to deal with them than they did last year, according to a new survey.

Ireland was one of a few hold-outs before the agreement and sought assurances of U.S. support from Treasury Secretary Janet Yellen.

Lawmakers are discussing a one-year extension to a tax break for R&D costs that expired at the end of 2021.

The tech giants have submitted to Indonesian regulations that grant Jakarta sweeping powers to shut down content it deems undesirable and to tax digital sales.