RT @WSJPodcasts: Listen 🎧: Layoffs are spreading more broadly through corporate America, with manufacturer 3M, Dow Chemical and SAP… https://t.co/uXuGjmc919— 1 day 17 hours ago via@theofrancis
China’s top nuclear-weapons lab has regularly bought sophisticated U.S. computer chips in defiance of decades-old U… https://t.co/9VfsJPU7lB— 2 days 23 hours ago via@theofrancis
Great interview on AI, ChatGPT etc. by The Markup’s Julia Angwin, with Princeton’s Arvind Narayanan: https://t.co/02c5o6H6ai— 4 days 10 min ago via@theofrancis
Before being forced out, Bed Bath & Beyond’s co-founders turned thrift, savvy merchandising & good timing into a co… https://t.co/qaPP1eJhQa— 4 days 22 hours ago via@theofrancis
@footnoted Oh wow. So glad you're all OK. What a nightmare.— 1 week 1 day ago via@theofrancis
Companies are racking up hundreds of millions of dollars in income taxes on pay for top executives, a growing bill that in some cases makes up a sizable chunk of their annual tax expense.
The final tax bill offers much of what large companies hoped to gain from the Republican overhaul: the billboard corporate rate was knocked down, cuts were accelerated and key credits were preserved.
Two percentage points are generating a big tussle in the debate over the right corporate tax rate.
As House and Senate lawmakers continue hashing out differences between their tax-overhaul bills, the prospect lingers that they could push the new corporate tax rate to 22%.
Technology, banking and other industries mounted a new round of lobbying Monday to save a wide range of tax breaks following the last-minute switch in the federal tax overhaul by the U.S. Senate.
Multinational corporations have a lot to like in both the House and Senate tax-overhaul proposals. Depending on a company’s structure and operations, there could be a lot to worry about as well.
WASHINGTON—While lawmakers in the House and Senate craft dueling versions of tax-overhaul legislation, battling over corporate tax rates and rules for overseas income, corporate chiefs at a gathering across town are sweating some of the smaller stuff.
Cities and states have plied companies with tax breaks for decades hoping to attract jobs and commerce. A new accounting standard will force many to disclose the total annual cost.