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Taxation

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

Top Taxation Articles

Displaying items 34-44
  • Banks trade barbs with U.S. Senate panel in tax avoidance probe

    WASHINGTON (Reuters) - Deutsche Bank and Barclays on Tuesday locked horns with a U.S. Senate committee that has accused them of selling option products to hedge funds to help them avoid taxes. Renaissance Technologies, a hedge fund, defended the so-...
  • Palm Beach County holds the line again on property tax rates

    Palm Beach County holds the line again on property tax rates
    Palm Beach County's property tax rate won't increase, but most tax bills will cost more anyway under a preliminary budget plan county commissioners approved Tuesday. Commissioners for the fourth year in a row held the line on the tax rate, agreeing to...
  • Administration can't afford to lose on Obamacare subsidies

     Administration can't afford to lose on Obamacare subsidies
    A federal appeals court in the District of Columbia shocked supporters of the 2010 healthcare law Tuesday by ruling that millions of Americans would no longer be eligible for health insurance subsidies. Shortly thereafter, a panel at the U.S. 4th...
  • Appeals courts split on health law subsidies

    Two federal court rulings Tuesday reached opposite conclusions about the legality of subsidies used to offset the cost of Affordable Care Act health coverage in the latest battle over the politically polarizing health-care law. Whichever ruling holds...
  • Obamacare subsidies lead two courts to battle over law's meaning

    Well, that certainly clears things up. Hours after a federal appeals court ruled Tuesday that the 2010 healthcare law provided insurance subsidies only to people living in 14 states, another appeals panel reached exactly the opposite conclusion in a...
  • Connecticut Not Directly Affected By Tuesday's Federal Court Decisions On Insurance Subsidies

    WASHINGTON — Connecticut is not directly affected by two conflicting federal court decisions Tuesday about insurance subsidies offered under President Obama's health care overhaul. Those rulings focus on insurance bought on the federal health...
  • Obamacare likely heading to Supreme Court, again

    Obamacare likely heading to Supreme Court, again
    Just when you thought it was safe to get back in the water, the judges in Washington took another big chomp out of the Affordable Care Act. No, not the Supreme Court. This time it was the U.S. Court of Appeals for the D.C. Circuit. In a 2-1 panel...
  • UTC Profits Up 8%; Company Raises Earnings-Per-Share Guidance

    Net profits for United Technologies Corp. rose 8 percent in the second quarter, to $1.7 billion, the company reported Tuesday. Sales increased 7 percent, to $17.2 billion, with less than half of the gain from organic growth. The bulk of the increase...
  • Opposite rulings, no change to health coverage

    Opposite rulings, no change to health coverage
    Conflicting rulings on a key component of Obamacare emerged from the Virginia Fourth Circuit Court of Appeals and the federal court of appeals in Washington, D.C., within hours of each other on Tuesday. Both addressed the tax credit subsidies for lower-...
  • Obamacare is either in robust health or on life support

    Obamacare is either in robust health or on life support
    Call it the "Tale of Two Circuits." Within hours of each other Tuesday, two federal appellate courts looked at the Patient Protection and Affordable Care Act on the same issue involving the same provision and came to diametrically opposite conclusions....
  • GM could add 1,750 new jobs, $800M to MI economy

     
    Filed under: Government/Legal, Hirings/Firings/Layoffs, GM Grim as things may be at Detroit's Renaissance Center, General Motors is soldiering on, thanks in part to a change in its state tax credit from the Michigan Strategic Fund. The amendment could...