Post Profile






Treasury Tries Again To Keep American Firms' Taxes In U.S.

When the company moves abroad or gains a foreign corporate parent, the company minimizes its U.S. taxes by receiving a loan from the foreign-based company and paying deductible interest to that foreign parent or affiliate....The rules limit those loans that leave the U.S. company owing less to the Treasury. The rules were proposed in April, but have been softened in part because of opposition from business groups like the U.
read more

share

Related Posts


Treasury Announces New Steps To Reduce Corporate Tax Dodges

News : The Two-Way

The Treasury said corporations were increasingly moving their parent companies overseas to dodge U.S. taxes. The Treasury said the practice erodes the tax base.

Back To School 2014: Deducting Student Loan Interest (Even If You Don’t Pay It)

Business & Finance / Taxes : Taxgirl

When you're in college, you depend on your parents a lot especially when it comes to finances and laundry. When it comes to student loans, parents can help out even more. A provision in the Tax Code lets you deduct interest paid on ...

Should reinsurance using foreign affiliates be deductible to US corporations?

Business & Finance / Taxes : ATaxingMatter

Foreign-owned US insurance companies frequently reinsure through their foreign affiliates and then claim a deduction under section 832(b)(4)(A) for the reinsurance premium paid to the affiliate to reduce the US tax liability of the ...

Treasury Tries Again To Keep American Firms' Taxes In U.S.

News : The Two-Way

The department has revised rules first issued in April, aimed at so-called tax inversions and earnings stripping. They involve companies moving their legal addresses and tax bills abroad.

Should reinsurance using foreign affiliates be deductible to US corporations?

Business & Finance : Angry Bear

by Linda Beale Should reinsurance using foreign affiliates be deductible to US corporations? Foreign-owned US insurance companies frequently reinsure through their foreign affiliates and then claim a deduction under section 832(b)(4...

Comments


Copyright © 2016 Regator, LLC