ON THIS PAGE 1. Corporate Income Tax (CIT) reduction 2. ETF UCITS 3. Complete overhaul of the tax regime for highly skilled and qualified impatriate workers 4. Profit-participating bonus (prime participative) 5. A new Young Employee Bonus 6. Personal income tax reductions 7. Family wealth management company (SPF or Société de gestion de Patrimoine Familial)Contact … Read more
WASHINGTON — A bill to expand the child tax credit and restore some tax breaks for businesses failed to advance in the Senate on Thursday as Republicans largely opposed the measure, arguing they would be in position to get a better deal next year.Majority Leader Charles Schumer, D-N.Y., dared Republicans to vote against the tax … Read more
Continuing months of progressive opposition to the bipartisan Tax Relief for American Families and Workers Act, U.S. Sen. Bernie Sanders on Thursday voted against advancing the bill and highlighted how it would give tax breaks to major corporations.The bill passed the House 357-70 in January, shortly after it was negotiated by Senate Finance Committee Chair … Read more
WASHINGTON (AP) — A bill to expand the child tax credit and restore some tax breaks for businesses failed to advance in the Senate on Thursday as Republicans largely opposed the measure, arguing they would be in position to get a better deal next year. Majority Leader Chuck Schumer, D-N.Y., dared Republicans to vote against … Read more
Tillis’ comments are the latest sign that, if elected, Trump could face obstacles in pushing through another corporate rate cut, one of the signature economic achievements of his first term.Most of the Republican senators approached by Semafor didn’t want to endorse lowering that rate to 15%, given the scale of the task before them next … Read more
The presidential race is unpredictable, but the legislative conversation in 2025 for the eventual winner is actually already determined. Nearly all of the Trump tax cuts affecting individual filers expire at the end of that year, as well as enhanced subsidies for Affordable Care Act exchanges. As I was told back in April, the near-term … Read more
Joan McGuireIP 17 already has opponents including business groups and Gov. Kotek. Share this article!A proposal on the November ballot that would pay each Oregonian $750 per year has gained a few high-profile critics including a prominent business organization and the state’s Democratic governor.Initiative Petition 17 would significantly raise corporate taxes to fund a one-of-a-kind … Read more
Abstract Newswise — The “environmental fees to taxes” policy (EFTP) is a major step in China’s tax reform. Using the implementation of EFTP as an exogenous shock, the difference-in-differences approach is adopted to examine the impact of EFTP on the environmental violations of corporates. The results show that EFTP can effectively inhibit corporate environmental violations. … Read more
Pennsylvania Gov. Josh Shapiro speaks during a campaign rally for Vice President Kamala Harris in Ambler, Pennsylvania, on July 29, 2024.Hannah Beier | Getty ImagesPennsylvania Gov. Josh Shapiro defended his support for “aggressive” corporate tax cuts, a position that could rankle some of his fellow Democrats but which has won him support from the state’s … Read more
Gov. Josh Shapiro of Pennsylvania, who is one of several Democrats in consideration to become Vice President Kamala Harris’s running mate, expressed on Tuesday his opposition to the proposed takeover of U.S. Steel by Japan’s Nippon Steel, citing his reservations about its potential impact on workers in his state.Mr. Shapiro’s comments came during an event … Read more