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Jack Lew

A collection of news and information related to Jack Lew published by this site and its partners.

Top Jack Lew Articles

Displaying items 34-44
  • Burger King in talks to buy Tim Hortons, move headquarters to Canada

    Burger King Worldwide Inc. is looking north to expand, launching acquisition talks with Canadian coffee-and-doughnut chain Tim Hortons Inc. and rekindling the political debate over offshore tax shifting. Stock in both companies soared Monday after...
  • Obama regresa a sus vacaciones tras una pausa marcada por Irak y Misuri

    Obama regresa a sus vacaciones tras una pausa marcada por Irak y Misuri
    El presidente Barack Obama regresó hoy a la isla de Martha's Vineyard (Massachusetts) para continuar sus vacaciones después de una pausa de dos días en la Casa Blanca que dedicó a tratar temas urgentes como la situación en Irak y los disturbios en...
  • Walgreen feared IRS scrutiny if inversion OK'd

    Walgreen feared IRS scrutiny if inversion OK'd
    A seeming parade of U.S. companies has been marching across the Atlantic, reincorporating in Europe to take advantage of substantial corporate tax breaks. Despite a growing drumbeat of criticism from activists and politicians, threats from U.S....
  • Close loopholes that let U.S. firms avoid taxes by using inversions

    Close loopholes that let U.S. firms avoid taxes by using inversions
    It's both endearing and infuriating to watch American corporate executives wring their hands about how the injustices of the U.S. tax code are forcing them — forcing them! — to reincorporate overseas through the procedure known as inversion....
  • Walgreens: The exception that proves the rule [Editorial]

    Walgreens: The exception that proves the rule  [Editorial]
    Today's announcement by Walgreens that it would not seek to move its corporate headquarters (for tax purposes, anyway) out of the United States may well be the exception that proves the rule of an inexorable trend toward so-called "corporate inversion."...
  • Medicare finances improve as healthcare inflation slows, trustees say

    Improvements in healthcare costs have extended the life of Medicare's main trust fund by four years, the annual report of the Social Security and Medicare trustees said Monday, a further sign of the positive effect of lower medical inflation. Medicare...
  • Boost the economy. Create jobs. Fix the tax code.

    Boost the economy. Create jobs. Fix the tax code.
    In coming weeks, Walgreen Co. is expected to decide whether it will proceed with the purchase of a big European drugstore chain. That deal would enable Walgreen to relocate from north suburban Deerfield to Europe, where it would pay a lower tax rate....
  • Congressman seeks review of Port Canaveral-Gulftainer cargo deal

    Congressman seeks review of Port Canaveral-Gulftainer cargo deal
    Port Canaveral’s deal with a Middle East company, Gulftainer, to expand cargo operations may face further review for security issues. U.S. Congressman Duncan Hunter, R-San Diego, called for review of the deal in a July 29 letter to U.S. Treasury...
  • Lew pushes Congress for action on corporate offshore tax 'inversions'

    Lew pushes Congress for action on corporate offshore tax 'inversions'
    The Obama administration is close to finishing an evaluation into executive action to make a recent rise in corporate offshore tax shifting "less economically appealing," but the best way to limit the maneuver is with legislation, Treasury Secretary Jacob...
  • Treasury chief urges reforms to keep firms from dodging U.S. taxes

    As Congress returned to work this week, Treasury Secretary Jacob J. Lew sent an urgent reminder to lawmakers: It is "imperative" they act now to reduce the number of corporations relocating overseas to avoid paying U.S. income taxes. In challenging...
  • Lew moves up debt limit deadline to late February

    WASHINGTON -- Congress must raise the nation's debt limit by late February, a couple of weeks earlier than previously projected, because of an expected large outflow of cash for tax refunds next month, Treasury Secretary Jacob J. Lew said Wednesday....