U.S. Treasury Making Push to Keep More Corporate Taxes Home

  For any company considering a tax inversion, the latest news form the U.S. Treasury will likely make it reconsider. Tax inversions, which are used by American companies to reduce their tax bill, occur when a company acquires or opens a subsidiary in a foreign country in order to change its tax address and save…

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How Much Are Fortune 500 Companies Saving in Taxes?

  It’s a well-known fact that many of the richest companies in America have become so financially successful thanks in large part to the tax-savings methods they employ, not the least of which is keeping large amounts of income overseas. These American companies have no problem doing business stateside, but because the U.S. has some…

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Study Shows Benefit of Lower Corporate Taxes

Study Shows Benefit of Lower Corporate Taxes

Study Shows Benefit of Lower Corporate Taxes Raise taxes on big business! That’s the cry of democratic lawmakers. Democrats argue that keeping the corporate tax rate high will help increase income for workers. While it’s true that wages have basically remained stagnant over the last decade, and the cost of living has gone up, increasing…

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Some U.S. Businesses Not Happy With Obama’s Plan to Stop Inversions

Some U.S. Businesses Not Happy With Obama’s Plan to Stop Inversions

Some U.S. Businesses Not Happy With Obama’s Plan to Stop Inversions In recent years tax inversions have become increasingly popular as several large U.S. companies look to lower their corporate tax bills. This process consists of a company shifting its headquarters from the United States to a foreign country, which helps it greatly reduce its…

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Disney and the Not-So-Wonderful World of Taxes

  Disneyland is often referred to as the happiest place on earth, but according to the Disney Company’s CEO, Robert Iger, the U.S. tax system and policies are putting a real damper on all the fun. According to a recent report from CNNMoney, Mr. Iger told the news outlet that the country’s corporate tax rates…

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How Much Are U.S. Companies Paying in Corporate Taxes?

It’s no secret that the nation’s wealthiest individuals pay the most in taxes, but did you know that the United State’s corporate tax rate is also among the world’s highest? According to a report from Accounting Today, accounting and consulting firm UHY, says the U.S. corporate tax rate is 41.1 percent. That represents a much…

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