Corporate taxes

The Senate Finance Committee held a hearing Tuesday to discuss reforming the business tax code and heard from a group of panelists, including a representative of the American Institute of CPAs.

Proposals in Washington could seriously disadvantage one of the most common forms of business.

The U.S. lost $510 billion in business assets that were acquired by foreign companies from 2004 to 2016 in part because its corporate income tax rate exceeds other countries’, according to a study released Tuesday by a group of top U.S. business leaders.

White House legislative director Marc Short said Friday that the administration is determined to release the outlines of tax plan negotiated with GOP leaders by the end of the month, even as the Senate’s chief tax writer signaled that the document might not carry that much weight.

It took two days after Hurricane Irma ripped through the British Virgin Islands, damaging or destroying an estimated 70 percent of the territory’s buildings, for the Caribbean tax haven to start piecing back together its lucrative corporate-registry business.

Some lawmakers would like to give businesses an “unprecedented” way to slash their tax bills by investing in new equipment. But firms that stand to benefit most are saying no thanks, just give us a bigger rate cut.

Trump administration officials and congressional Republican leaders are promising a new framework in two weeks for legislation that would overhaul the U.S. tax code—though they’ve shied away from releasing any details about how the changes would affect individuals or corporations.

The president said this year’s deadly hurricanes add urgency to his tax-cut plan.

It may not be possible for the president to deliver on his promise to lower the highest bracket as much as promised.

The president is planning an aggressive travel schedule, taking him to as many as 13 states over the next seven weeks.

The president's agreement with Democrats could be complicating tax reform efforts by eroding trust within his own party.

When the Super Bowl champion New England Patriots take their first road trip later this month, players like quarterback Tom Brady will be setting the standard for comfort and legroom on the team’s new private wide-body jet.

Leaders of the conservative House Freedom Caucus are frustrated that Republican leaders haven’t yet released details of their tax overhaul plans, saying they’re concerned that time is running out to deliver on their promise of a revamp.

President Donald Trump brought his pitch to overhaul the tax code to North Dakota on Wednesday with an unlikely guest in tow: the state’s Democratic senator, Heidi Heitkamp.

Before President Donald Trump launched his latest call for major tax cuts, he took a moment to offer support to Texas and Louisiana in the wake of Hurricane Harvey.

President Donald Trump will once again tout tax cuts for the middle class and small businesses Wednesday—amid suggestions that high earners would benefit most.

President Donald Trump is planning to kick off one of the most important sales pitches of his presidency this week—getting Americans fired up about rewriting the U.S. tax code.

Repatriation wrinkles; PLR pricetags; state and local tax info; and other highlights from our favorite tax bloggers.

Top Republican tax writers went to a national shrine for tax cutters—former President Ronald Reagan’s California ranch—hoping to make a sales pitch for a historic overhaul of the U.S. tax code.

Senior finance professionals want to lower the corporate tax rate, capital gains taxes, and taxes on foreign income, while instituting a carbon emissions tax, according to a survey by the Institute of Management Accountants.