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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles

Displaying items 56-66
  • U.S. Treasury moves against tax-avoidance 'inversion' deals

    WASHINGTON (Reuters) - 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...
  • Speakers at GBC summit offer fixes for national transportation 'crisis'

    Speakers at GBC summit offer fixes for national transportation 'crisis'
    The nation's transportation system is broken, agreed a panel of transportation wonks gathered in downtown Baltimore on Thursday, but they could not agree on how to fix it. "Transportation is broken. There's no way to fund it. America is one big pothole,...
  • 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...
  • U.S. moves to curb tax bill reducing inversions

     U.S. moves to curb tax bill reducing inversions
    With Congress unable to agree on legislation to stem a surge of offshore corporate moves, the Obama administration took executive action Monday to discourage companies from shifting their headquarters abroad to reduce their U.S. tax bills. The steps...
  • Everyone is for corporate tax overhaul; why doesn't it happen?

    WASHINGTON President Barack Obama's announced crackdown on what he calls an unpatriotic move by U.S. corporations to shift their headquarters and tax bills to low-tax countries is raising the question of why the U.S. simply doesn't cut its corporate tax...
  • U.S. Democrats weigh options to fight tax inversions

    (Reuters) - U.S. lawmakers are considering proposals to deal with a rising number of U.S. companies reincorporating overseas to slash their tax bills. The U.S. Treasury Department on Monday announced new rules that will reduce the tax benefits to...
  • New U.S. tax rules chill 'inversion' deal-making; shares dive

    WASHINGTON/NEW YORK (Reuters) - Tough new U.S. government rules on corporate "inversion" deals, aimed at making the tax-avoidance transactions less desirable, undermined share prices in nearly a dozen companies on both sides of the Atlantic on Tuesday....
  • New rules not likely to stop Chiquita inversion, expert says

    Tougher new Treasury Department rules meant to deter companies from moving offshore for lower taxes come as Charlotte, N.C.-based Chiquita Brands International is planning to merge with an Irish produce company and move its headquarters to Dublin. But...
  • U.S. imposes financial sanctions on Islamist fighters

    WASHINGTON (Reuters) - The United States designated two dozen individuals and groups as foreign terrorists or terrorist facilitators on Wednesday, enabling it to freeze assets and block financial transactions as it stepped up its offensive against...
  • It happens: Seniors with student debt - and smaller Social Security checks

    CHICAGO (Reuters) - It's a rude awakening for a growing number of seniors: They file for Social Security, then discover that the federal government plans to take part of their benefit to pay off delinquent student loans, tax bills, child support or...