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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles see all

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  • Stricter tax inversion rules punish stocks of firms mulling such moves

    The Obama administration's tougher rules on offshore corporate inversions had an immediate effect Tuesday, pushing down the stock prices of companies considering such moves.
  • Treasury takes steps to discourage offshore tax-shifting inversions

    Treasury takes steps to discourage offshore tax-shifting inversions
    The Obama administration on Monday announced long-awaited executive actions to try to discourage companies from reincorporating abroad to reduce their U.S. taxes. The steps -- technical revisions to the tax code -- will "meaningfully reduce the economic...

    Treasury moves against 'inversion' deals

    Treasury moves against 'inversion' deals
    WASHINGTON -- Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb “inversion” deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...

    Recess, sewer hookups, and speeder: Letters

    Recess, sewer hookups, and speeder: Letters
    The case for recess How sad that some elementary-school principals find no value in recess for young students. For centuries, the notion that a healthy body is necessary for a healthy mind has been accepted by most educated people. The ancient...

    AbbVie scraps Shire deal, increases dividend

     AbbVie scraps Shire deal, increases dividend
    AbbVie said late Monday that it was officially scrapping its $55 billion merger with Dublin, Ireland-based rival Shire, and that it will increase its quarterly dividend and buy back up to $5 billion in stock over the next several years. New U.S. tax...