Tax Law Blog | IRS Tax Attorneys
TAX LAW NEWS - TAX LITIGATION
From the category archives:
House Speaker John Boehner (R., Ohio) said that all deductions–including federal subsidies paid to the largest oil companies–should be on the table as part of a drive to overhaul the corporate tax code.
“As we get in to look at fundamental reform of the corporate tax code, this and every other issue ought to be considered,” [...]
{ 0 comments }
Cash-strapped communities have a message for corporations that promised jobs in return for tax breaks: A deal’s a deal.
As the economy sputters along, municipalities struggling to fix roads, fund schools and pay bills increasingly are rescinding tax abatements to companies that don’t hire enough workers, that lay them off or that close up shop. At [...]
{ 0 comments }
The North Carolina House has tentatively approved changing the state’s corporate tax laws to make them more attractive to billion-dollar investments.
The House voted 81-31 Tuesday in favor of a bill changed last week to push companies to counties where unemployment is high. A final House vote is scheduled Wednesday.
While the law makes no reference to [...]
{ 0 comments }
President Obama roiled the business community Monday by proposing to hike taxes on income generated outside the United States. The changes, which supposedly would close loopholes and remove incentives to export jobs and investment, would bring an estimated $210 billion to the Treasury over the next decade. We’re all for closing loopholes and ending tax [...]
{ 0 comments }
